Flames Sign Dustin Wolf To Seven-Year Extension
The Calgary Flames have signed reigning Calder Trophy finalist Dustin Wolf to a seven-year, $52.5MM extension, per a team release. The deal will carry a yearly cap hit of $7.5MM. That price tag will pull Wolf into the upper echelon of goalie contracts, making him the eighth-highest-paid goalie in the NHL.
Calgary is clearly confident after Wolf’s unprecedented play on his entry-level contract. He was once an overlooked goaltender, falling to the seventh round of the 2019 NHL Draft largely thanks to his slight 6-foot, 160-pound frame. Wolf was playing with the WHL’s Everett Silvertips at the time of his draft. He returned for a fourth season in Everett in the following year, and wrapped up his WHL career with a staggering .935 save percentage in 149 games – the highest save percentage ever recorded across multiple WHL seasons.
Wolf moved to the AHL’s Stockton Heat in 2021-22 and earned the starter’s crease within just a few months. He was flashy and energetic, even as a first-year pro, and worked his way to a phenomenal 33-9-4 record and .924 Sv% in 47 games. That mark was enough to earn Wolf the AHL’s Baz Bastien award, handed out annually to the league’s top goalie. Not to be outdone, Wolf managed an even better record (42-10-2) and better save percentage (.932) in more games (55) in his second pro year, again taking home the Baz Bastien Award. With that, he became just the third goalie to ever win the award twice, and just the second to win it in back-to-back years.
That gave Wolf an incredible amount of momentum headed into last season. He played 18 games in the NHL between 2022 and 2024 – and managed a stout 8-7-1 record and .923 save percentage. But fans knew more was to come when Wolf finally broke into the Flames’ roster full-time. New Flames general manager Craig Conroy cleared the path for that to happen when he traded Jacob Markstrom to the New Jersey Devils in 2024. The lights were shining bright and trained solely on Wolf, headed into last season.
Wolf wasted no time proving he belonged in an NHL role. He won his first three games of the season with a .936 save percentage and managed his first shutout in his ninth game of the year. By the end of December, Wolf was touting an impressive 12-5-2 record and a .914 save percentage. Those numbers slipped slightly as Wolf worked his way up to 53 starts on the season – the 17th-most in the league. He finished his rookie season with a 29-16-8 record and .910 Sv% – tying Stuart Skinner, Pekka Rinne, and Andrew Raycroft for the eighth-most wins by a first-year starter.
It was a truly electric performance. Calgary’s chances to win rose significantly when Wolf took the net, and his athleticism and confidence were both unwavering. Advanced stat site Evolving Hockey estimates that Calgary received five wins-above-replacement (WAR) from Wolf – the fifth-most in the NHL, just narrowly behind Vezina Trophy finalist Darcy Kuemper and above Ilya Sorokin. That’s an incredible mark, and one that Calgary will quickly reward with a long-term extension. Teams have been duped in the past by strong rookie seasons. Hockey fans will surely remember the short-lived peak of Steve Mason. But Wolf seems well set to earn the starting role in every season of his new deal. He boasts all of the skill, speed, and sharp thinking to play at the top level, and will look to vindicate a great rookie year and hefty extension with a growing performance this season.
Photo courtesy of Brett Holmes-Imagn Images.
Afternoon Notes: Trenton, Bruins, Senators, Flames
The Utah Grizzlies will relocate to Trenton, New Jersey for the 2026-27 season, with an announcement set for tomorrow, per hockey insider Frank Seravalli. If true, the Grizzlies will be set to move right after celebrating their 20th season in Utah. In doing so, they will bring ECHL hockey back to Trenton for the first time since 2013. The city previously hosted the Trenton Titans – briefly the Trenton Devils – for 24 years beginning in 1999. The club was red-hot at the turn of the century, reaching the Kelly Cup Finals in 2001 and taking the Cup home in 2005. They featured some incredible hockey names in their history. Stanley Cup winner and Vegas Golden Knights head coach Bruce Cassidy presided over Trenton’s inaugural season, and current Utah Mammoth general manager Bill Armstrong coached the team from 2002 to 2004.
The Utah Grizzlies are currently affiliated with the Colorado Avalanche and Colorado Eagles, the latter an ironic twist given the Eagles’ rivalry with the Grizzlies when they were a part of the ECHL. This move would break that tension, and return pro hockey to an upgraded CURE Insurance Arena.
Other notes from around the hockey world:
- Sticking in the ECHL, the Boston Bruins have announced a three-year extension of their affiliation with the Maine Mariners. The affiliation began in 2021, and marked the first NHL partnership in Maine’s brief history. It was a continuation of a long history of work between the two teams. The Mariners served as Boston’s AHL affiliate from 1987 to 1992, before being relocated to form the Providence Bruins. The ECHL Mariners haven’t found their stride under Boston just yet – losing in the first round of the postseason three times, then missing the postseason last year. They’ll face a very interesting turnaround next season, after losing former player and head coach/general manager Terrence Wallin this summer. Maine hired Rick Kowalsky – aptly, a member of the Kelly Cup-winning Trenton Devils in 2005 – to fill the vacancy. Kowalsky has previously spent four years an ECHL head coach, 10 years as an AHL head coach, and six years as an assistant coach with the New Jersey Devils.
- Shifting to looming NHL training camps – the Ottawa Senators are expected to bring multiple professional try-outs to the start of their camp, general manager Steve Staios told Bruce Garrioch of the Ottawa Sun. Ottawa could use a bit of padding to their depth at all three positions, setting them up nicely to bring in some of the top remaining free agents. The likeliest paths to the lineup will be on the fourth-line wing, where Michael Amadio and Nick Cousins currently reside on the depth chart. Some options for UFA candidates could include 36-year-old wing Max Pacioretty, 30-year-old centerman Tyler Motte, or 31-year-old defenseman Matt Grzelcyk.
- While Ottawa pursues the PTO market, the Calgary Flames are expected to stay away, per Ryan Pike of Flames Nation. While the Senators will look to vindicate a push to the playoffs last season, Calgary is likely much more geared towards keeping spots open for their emerging youngsters. Players like Rory Kerins, Dryden Hunt, William Stromgren, and Aydar Suniev could all make valiant pushes for bottom-six minutes next season.
Murphy Signs AHL Deal With Wranglers
- After spending last season on a two-way deal with the Flames before being non-tendered back in June, goaltender Connor Murphy will remain in the organization on a different contract. Their AHL affiliate, the Calgary Wranglers, recently announced (Twitter link) that they’ve signed the netminder to a one-year deal. The 27-year-old struggled in limited action with the Wranglers last season but had a 2.54 GAA and a .922 SV% in 15 outings with them in 2023-24. He’ll battle for a spot with them in training camp but could also land with ECHL Rapid City for the upcoming season.
Phillips Eligible To Attend Rookie Camp Despite NCAA Commitment
- The change to allow CHL players to become NCAA-eligible has made waves across the hockey world this offseason. But there is another small wrinkle now in play, as Flames Nation’s Ryan Pike observes (Twitter link). In the past, NCAA-bound players were ineligible to take part in NHL rookie and training camps, even if they weren’t enrolled for the upcoming season. That is no longer the case. While players actively enrolled in college still won’t be eligible to participate, those committed to college hockey but only for next year will be able. Pike notes that Flames prospect Mace’o Phillips is poised to benefit from the change; he’ll play with USHL Green Bay this season but is committed to the University of Minnesota for 2026-27. Because of that, he’s eligible to take part in training camp with Calgary this month.
Flames Sign Connor Zary To Three-Year Contract
Saturday: The Flames officially announced the contract with the $3.775MM AAV as reported. PuckPedia reports that the deal carries a $500K signing bonus with a $3.275MM salary for the upcoming season with the salaries in 2026-27 and 2027-28 being a flat $3.775MM.
Friday: The Flames are getting their final RFA under contract. They’re putting the finishing touches on a three-year contract with forward Connor Zary worth just under $3.775MM per season, per Sportsnet’s Eric Francis. The deal was first reported by Sportsnet’s Elliotte Friedman. It will check off the last major item on Calgary’s off-season list.
After weeks of anticipation, Zary will put pen to paper on a bridge contract that will keep him in the Saddledome. The 2020 first-round pick has emerged as a top option in Calgary’s retooled offense, after two years of high-end play in the AHL. Zary made his pro debut in February, 2021 – taking advantage of the delayed start to the WHL season due to COVID-19. He looked pro-ready right out of the gates, netting seven points in his first nine AHL games before returning to captain the Kamloops Blazers through the end of the season. He scored 24 points in 15 games with the Blazers and turned pro full-time the following year, concluding his junior career at 206 points in 203 games.
After a hot start, Zary stuttered a bit in his first full AHL year. He scored just 13 goals and 25 points in 53 games, and struggled to maintain a role near the top of the Stockton Heat lineup. Those fortunes turned around when the Heat relocated to Calgary for the 2022-23 season. Zary blossomed with the heat of the NHL that much closer. He looked more engaged across the board, and worked to an impressive 21 goals and 58 points in 72 games as a result. That performance wasn’t enough to earn an NHL role outright, but Zary forced the Flames’ hand with 10 points in six AHL games – including one four-assist night – at the start of the 2023-24 season.
Calgary has provided Zary plenty of opportunity to plant his feet in the NHL lineup in the two seasons since. He debuted in the team’s top-six, and cemented his spot with six points through his first six NHL games. The scoring continued through the year – and he wrapped up his first season with 34 points in 63 games, the sixth-highest scoring pace of any rookie. He was comfortably fluctuating between the second and third line by the end of the year, and even capped off his rookie year with four points in his final five games.
This season started much the same. Zary scored five points in the first four games of the season – but quickly fell into the rut of scoring in bursts, with long scoring droughts in between. He struggled to maintain a top-line role as a result, and ultimately fell out of the lineup entirely when he suffered an injury to his left-knee in a January matchup against the Anaheim Ducks. The injury held Zary out of the lineup for a month and a half – and he struggled to find his footing after returning. He scored just two points in his first nine games back. Right as he was returning to form in late-March, Zary sustained another injury to his left-knee. This one ended his season early, limiting him to just 27 points in 54 games on the year.
The 23-year-old center faced the first free agent negotiations of his young career on the heels of those untimely injuries. He was undoubtedly impressive at his brightest moments, but was kept from showing full-season consistency by routine injury – making a bridge deal all but guaranteed. With short-term control, the Flames will be able to hedge their bets in the event that Zary continues to bounce in and out of the lineup, or face extended scoring lulls. On the same coin, the young centerman could soon earn much more than his $3.775MM cap hit – if he can show an ability to hold down a top-six role through an entire 82-game season. He has averaged 43 points per 82 games through his first two seasons in the NHL – but seems capable of achieving 50, or even 60, points at his peak based on talent alone. On this new deal, Calgary will test whether that talent can exist above, or through, the challenges that Zary faces as a young speedster in the NHL.
Photo courtesy of Sergei Belski-Imagn Images.
Derek Ryan Announces Retirement
Center Derek Ryan has decided on retirement, he told Bob Stauffer of Oilers Now on 880 CHED yesterday.
“I’m retiring. We, my family, are back home in Spokane,” he told Stauffer. “The kids started at their new school here today. I didn’t actively look for a job this off-season. Europe could’ve been an option, maybe other NHL teams, but if it wasn’t going to be Edmonton, I didn’t want to move the family again. As the kids get older that gets harder. We had good roots in Edmonton, and, shoot, I’m almost 40. It’s nice to settle in here in Spokane. We have our house, friends, and family. It’s nice to be home.”
Not only is Ryan from Spokane, but it’s where he began his junior career with the WHL’s Spokane Chiefs all the way back in 2004. His three-year run there preceded one of the most unique pathways to becoming an NHL fixture in recent memory.
Undrafted, Ryan opted to enter the Canadian university system when his junior eligibility ran out in 2007. That’s not uncommon in and of itself, but it’s not a pathway many future NHLers undertake. Those who do rarely spend a full four years there, but that’s exactly what Ryan did. He played for the University of Alberta from 2007 to 2011, leading the CIS West in scoring in his senior season with a 17-30–47 line in 28 games.
Ryan, already 25 years old at the time, then decided to make the jump overseas instead of pursuing a professional career stateside. It was in Europe that the 5’10”, 185-lb center unlocked offensive dominance. He spent three years in the EBEL (now ICEHL), Austria’s top league, playing with Villacher SV (2012-14) and Hungarian club Fehérvár AV19 (2011-12). He recorded 199 points in just 158 EBEL games over that span, including a spectacular 2013-14 campaign that saw him lead the league with 38 goals in 54 games to earn MVP honors.
He then made the jump to higher-level European pro hockey in Sweden, a decision that finally put him on the NHL’s radar. He spent one year with the SHL’s Örebro HK, where he erupted for a 15-45–60 line in 55 games to lead one of Europe’s top leagues in assists and points, being named the SHL’s MVP and Forward of the Year.
Ryan finally landed a two-way deal with the Hurricanes – inking his first NHL contract at age 28 – the following summer. He was immediately named the captain of the AHL’s Charlotte Checkers, their minor-league affiliate at the time, and was an AHL All-Star with 55 points in 70 games. He also got his first taste of NHL hockey late in the season, scoring his first goal in his first game of a six-game call-up.
That trial run kicked off an NHL career spanning over 600 games, most of which were played after his 30th birthday. He quickly established himself as a defensively responsible third-line pivot in Carolina, scoring 69 points in 153 games for the club while averaging over 15 minutes per night. He reached unrestricted free agency in 2018 and got rewarded by the Flames, signing a three-year, $9.375MM contract to return to the province where he played college hockey.
Ryan’s first season in Calgary was arguably the best of his career. He recorded a 13-25–38 scoring line in 81 games and, while he saw a reduction in ice time, won a team-high 58.2% of his faceoffs and added a +21 rating. That earned him Selke Trophy consideration, landing a fifth-place vote for the only time in his career.
While Ryan’s productivity and usage declined steadily over the course of his tenure with the Flames, that didn’t mean he was in an unfettered downward spiral. He still landed a multi-year deal in free agency from the cross-provincial rival Oilers in 2021, signing a two-year, $2.5MM pact to round out their fourth line.
That kicked off a four-year run for Ryan in Edmonton, the longest of his three NHL stops and a run that concluded just a few months ago. He was a regular from 2021 to 2024, appearing in at least 70 games for his first three years there, but was relegated to the press box for a good chunk of last season and even landed on waivers. He totaled 29 goals and 60 points in 261 games for Edmonton, appearing in 19 games in their run to the 2024 Stanley Cup Final but no playing time last postseason. He scored one goal and six points in 36 NHL games last season and also had eight points in 13 games for AHL Bakersfield after clearing waivers, his first minor-league action in nearly a decade.
Ryan ends his rather remarkable pro career with 82 goals, 127 assists, and 209 points in 606 NHL regular-season games with a +14 rating. He was also one of the better faceoff-takers of the last decade, winning 55.3% of his draws.
PHR congratulates Ryan on his persevering career and wishes him the best in his post-playing future.
Image courtesy of Walter Tychnowicz-Imagn Images.
Calgary Flames Hire Dave Lowry As Assistant Coach
Earlier today, the Calgary Flames announced they’ve hired Dave Lowry as an assistant coach. Lowry will replace assistant coach Brad Larsen, who has stepped away from the team due to familial reasons.
Lowry has been well-ingrained in southern Alberta since the waning days of his professional playing career. After a 15-year career that saw stops with the Vancouver Canucks, St. Louis Blues, Florida Panthers, and San Jose Sharks, Lowry signed with the Flames as a free agent ahead of the 2000-01 NHL season, spending his first two years with the organization as the team’s captain. Although he would have the captaincy stripped from him in favor of Craig Conroy and later, Jarome Iginla, Lowry finished his career with Calgary, playing in 10 games of their 2004 Stanley Cup Final run.
Remaining in Calgary after his playing career, Lowry spent four years as an assistant coach with the WHL’s Calgary Hitmen before joining the Flames in a similar role from 2010 to 2012. Unfortunately, under the stewardship of head coach Brent Sutter, Calgary didn’t reach the playoffs in any of the years with Lowry on the staff. After Sutter was relieved of his duties, Lowry also left to take the head coaching position with the WHL’s Victoria Royals, where he remained through the 2016-17 season.
Despite a one-year stint as head coach of the WHL’s Brandon Wheat Kings during the 2019-20 season, Lowry has been in the NHL ever since, serving as an assistant coach for the Los Angeles Kings, Winnipeg Jets, and Seattle Kraken. During his time with the Jets, Lowry briefly served as the team’s head coach after Paul Maurice stepped down during the 2021-22 season. Under Lowry, the Jets managed a 26-22-8 record in 54 games, missing the postseason by eight points.
Returning to Calgary, Lowry ends a 13-year hiatus from the club. Unfortunately, Lowry’s return is somewhat bittersweet, as Larsen had to leave the organization after only one year. Before joining the Flames last season, Larsen had enjoyed a lengthy run with the Columbus Blue Jackets, serving as the team’s assistant coach from 2014 to 2021 and head coach from 2021 to 2023.
Flames, Connor Zary Making Progress On Three-Year Deal
The Flames are “getting closer” to a resolution with restricted free agent Connor Zary, David Pagnotta of The Fourth Period reports Tuesday. It’s likely to be a three-year deal when it finally gets across the finish line, in line with what Calgary’s front office was reportedly aiming for in talks last month.
The cap hit on said deal will likely be in the neighborhood of $3.5MM, as indicated by AFP Analytics’ projections from the beginning of the offseason. Cap space was no object in talks for the Flames, who still have over $15MM in flexibility for opening night with only Zary left to sign, according to PuckPedia.
Zary ended up as one of the longest RFA negotiations this summer after plateauing in his sophomore season. After scoring 34 points in 63 games in 2023-24 and finishing eighth in Calder Trophy voting, he churned out 27 points in 54 games last year – a decrease of 0.04 points per game. Matters weren’t helped by a pair of lower-body injuries, including a knee injury that ended his season a few weeks early.
There’s still some room to grow for Zary, though. He turns 24 later this month and was Calgary’s first-round pick (No. 24 overall) in 2020. So far, that billing seems appropriate – his 61 career points rank exactly 24th among 2020 draftees. He also took on consistent top-nine and more frequent top-six deployment last season, averaging north of 16 minutes per game.
As he continues to work on building up his offensive acumen, he should expect a similar role in 2025-26. The Flames will begin camp with no notable changes to their forward group over the offseason, meaning a spot on the wing alongside either Mikael Backlund or Nazem Kadri should be his for the taking. It’s not as if he hadn’t been making linear progress up until last year – he steadily increased his production in the minors before exploding with AHL Calgary to start 2023-24, scoring 10 points in six games before earning his first NHL recall and never looking back.
A three-year deal would keep Zary under team control in the summer of 2028, but that’s Calgary’s last chance to negotiate with him as an RFA. Any subsequent deal he signs will lead him to unrestricted free agency.
Afternoon Notes: Hockey Canada, Zary, Harley
A preliminary report has been released by the ‘Future of Sport in Canada’ commission, a group formed in May of 2024 focused on reviewing Canada’s amateur sports system. In it, the group made a recommendation for the creation of an independent body to oversee amateur sports across the country, shares TSN’s Rick Westhead. They claim that this group could address both funding shortages and instances of abuse or maltreatment.
The recommendation was one of 71 made by the commission in their initial report. It follows an investigation that spanned visits to 12 Canadian cities and review of over 1,000 written submissions. Their findings detailed multiple instances of abuse or neglect, including suspended or banned coaches still working within their clubs. This effort comes as part of a yearlong push to make Canadian amateur sports more safe and secure environments for children and families. The federal Heritage Committee also made recommendations for changes in the sports system in June 2024.
The creation of an independent oversight committee would be an innovative push into public support of youth sports. It could be an effort that bodies like USA Hockey – who currently handles oversight internally – looks to mimic in years to come.
Other notes from around the hockey world:
- Calgary Flames restricted-free agent Connor Zary will likely end up with a bridge-deal, per hockey insider Jeff Marek on the latest Empty Netters podcast episode. Zary remains one of the top available free agents, after posting 13 goals and 27 points in 54 games last season. That equates to a 41-point scoring pace over 82 games. Zary has stepped up as a reliable, middle-six center for the Flames over the last two seasons. He’s racked up 61 points in 117 career games, and should be due for big growth over the next few seasons. First, he’ll need to find his way back to good health after missing 47 games over the last two years due to injury. That bad luck could make a bridge deal sensible, and give Zary a chance to earn a payday before his prime years.
- Also on the Empty Netters podcast, Marek shared that the Dallas Stars aren’t likely to go above Miro Heiskanen‘s cap hit for 2026 RFA defenseman Thomas Harley. Heiskanen signed an eight-year, $67.6MM contract with the Stars in 2021, at the age of 22. The deal carries an $8.45MM cap hit. Heiskanen had totaled 131 points in 275 games before signing the deal. That’s more scoring and experience than Harley’s 103 points in 197 career games. Harley also turned 24-years-old two weeks ago. He’s a sharp offensive-defenseman who thrived in Heiskanen’s absence last season, but a lighter resume and older age could counteract a rising salary cap in his contract negotiations.
Backlund Hoping To Sign Another Extension To Stay In Calgary
While Flames center Mikael Backlund recently commented on the future of one of his teammates with the organization, he also discussed his own. Speaking with The Athletic’s Michael Russo (subscription link), the 36-year-old indicated that he is hoping to sign a contract extension to continue with Calgary. The Flames have been the only NHL organization that Backlund has known after they drafted him in the first round back in 2007. Last season, Backlund played in 76 games, picking up 15 goals and 17 assists in a little under 19 minutes a night of playing time. He’s entering the final year of his contract that carries a $4.5MM cap charge and notably, his trade protection drops to a 15-team no-trade list in January.