Report: Starting point in Giordano negotiations set at 8-years, $72 million

Thomas Drance
July 01 2015 09:55AM

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Photo Credit: Sergei Belski/USA TODAY Sports

Calgary Flames general manager Brad Treliving had made it no secret: it's a priority of his organization to lock up team captain Mark Giordano before he hits the unrestricted free agent market next summer.

Though he was always effective, Giordano is the rare late-blooming superstar. Over the past few seasons,  Giordano has blossomed from being a bona fide top pairing player, to a Norris-caliber 1A defenseman for the Flames. 

It's not going to be cheap to extend him, and indeed, Giordano's camp is opening negotiations with an eight-year, $72 million ask ($9 million annual average value) according to Sportsnet's Nick Kypreos. Kypreos' report isn't the first we've heard of it, it corroborates a report from last week by typically dogged TSN's Frank Seravalli.

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Report: Flames Re-sign Ramo

Kent Wilson
July 01 2015 09:35AM

Earlier this month many of the rumours suggested the Flames would be overhauling their entire goaltending rotation. Not only would they not sign Ramo, they would trade Jonas Hiller and have a totally new tandem going into next year.

A few weeks later and it doesn't look like that's going to happen for whatever reason. Reports are today that the Flames have re-signed Ramo to a one year deal worth almost $4M. That seems a bit rich, but at least the term is right.

Ramo is a perfectly capable NHL back-up. Bob Hartley seemed to prefer him to Hiller by the end of the year, but the truth is the 28 year old probably doesn't have a much higher ceiling than a #1B or #2 puck stopper in the league. As such, it's good that the Flames limited his signing to a single season.

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Flames Free Agent Frenzy Preview

Thomas Drance
July 01 2015 09:00AM

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Mason Raymond: an appropriate cautionary tale for the free agent frenzy.
Photo Creidt: Sergei Belski/USA TODAY Sports

The Calgary Flames made an earth shattering offseason addition last weekend when they traded for blue chip young defenseman Dougie Hamilton prior to the 2015 NHL Entry Draft.

Now that Hamilton has been locked up for six years with an eminently reasonable contract carrying an annual average value of $5.75 million, the Flames can turn their attention to free agency. Will Flames general manager Brad Treliving put the memory of last season's slew of misguided contracts behind him, and continue his hot streak this July 1?

Let's preview the Flames' particular needs and posture ahead of the opening of the unrestricted free agent market.

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Flames 2015 UFA Targets

Kent Wilson
July 01 2015 08:00AM

It's been a wild week. The draft, big trades, buy-outs, terminations, threats of offer sheets. All possible scenarios have seemingly played outside since the end of the Stanley Cup playoffs.  

One of the reasons GMs have been so busy is due to the relatively shallow UFA pool this year. Quality options are in short supply, so teams have been scrambling in advance of free agency in an effort to improve their teams. Further pressure is also being applied by the stagnate salary cap - many clubs are struggling to retain their own noteworthy free agents, let alone anything else. The two issues are why the threat of offer sheets has been so prevalent recently, thus leading to the Dougie Hamilton, Brandon Saad and Martin Jones deals prior to the July 1 deadline. 

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Flames' cap management has them ready for free agent frenzy

arii
July 01 2015 07:00AM

In the hockey world, Canada Day is always an exciting time. The floodgates open, and millions of dollars always get spent. This inevitably leads to a lot of regret, sometimes on the day of. 

Even Brad Treliving isn't immune to this: see Raymond, Mason; and especially Engelland, Deryk; otherwise known as a little over $6 million of "wow, I wish I hadn't done that." (Jonas Hiller is okay, though, if only because he has just one year left on his deal, and he's actually pretty decent at his job.)

With 18 players already signed, though, and just another five restricted free agents needing contracts, the Flames already have a full roster. They also have about $15.2 million in cap space, and those five RFAs aren't going to cost that much.

Basically, that means: even after acquiring and signing Dougie Hamilton, the Flames can still play on July 1.

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