Flames sign Noah Hanifin to six-year, $4.95M AAV contract

The last remaining drama of the Flames’ offseason is over.

Sportsnet’s Elliotte Friedman has reported that the Flames have signed prize acquisition Noah Hanifin to a six-year deal, worth an annual average value of $4.95 million.

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There is no word on any clauses in the deal at this time. It buys up two of the 21-year-old’s unrestricted years, and for a pretty reasonable price at that.

Hanifin came to Calgary from Carolina along with Elias Lindholm in exchange for Dougie Hamilton, Micheal Ferland, and Adam Fox.

Having just completed his entry-level contract, the 2015 fifth overall pick was an RFA in need of re-signing. Early lineup projections suggest that Hanifin will fill in on the second pairing next to Travis Hamonic. He looks to build off a very solid season, and will get to work with the only NHL head coach he’s ever had in Bill Peters.

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The major holdup was likely related to contract length, as there was uncertainty whether Hanifin would receive a long-term extension or a shorter bridge deal. Now that the dust has settled, it appears the longer-term deal is the way both parties would like to go.

The deal seems to be a pretty confident bet on Hanifin’s potential. There were thoughts that Hanifin might get a bridge deal given that he only has one year of top four action under his belt. Signing for six years and making him the second highest paid defender on the roster, however, is a pretty strong statement to make about what they think Hanifin is.

The Flames now have three players under contract through the 2023-24 season: Mikael Backlund, Lindholm, and Hanifin, at a combined cap hit of $15.15M.

The Flames have about $2.59M remaining in cap space, although they don’t have any players left to sign. The team plays its first preseason game in two weeks’ time.

  • freethe flames

    Good contract. Flames still have about $2.5m left in cap space. $850 for Tkachuks bonus, $700 for player 23 and [email protected] $900 in cap space for the trade deadline. There is not much left for BT to do this off season; maybe add an AHL depth player or 2; that’s it.

    This contract also sets a good precedent for contract talks with Tkachuk.

  • fumanchu1968

    This is the most optimistic I’ve been about our team since the Kipper years. We might not win it all this year but we’re moving in the right direction and I wouldn’t doubt that we can go deep into the playoff with Smith and the character and talent on this team. Neal was a huge addition also.

  • Jagrrrrr, baby. Yeah.

    This is how I figure it will go this season:

    CapFriendly.com Armchair-GM User-Generated Roster

    FORWARDS (14)
    Right wing: J. Neal ($5,750,000) – E. Lindholm ($4,850,000) – M. Frolík ($4,300,000) – A. Czarnik ($1,250,000) – G. Hathaway ($850,000)
    Centre: S. Monahan ($6,375,000) – M. Backlund ($5,350,000) – D. Ryan ($3,125,000) – M. Jankowski ($1,675,000) – C. Lazar ($950,000)
    Left wing: J. Gaudreau ($6,750,000) – M. Tkachuk ($925,000) – S. Bennett ($1,950,000) – A. Mangiapane ($705,000)

    DEFENSE (7)
    Right: T. Brodie ($4,650,400) – T. Hamonic ($3,857,143) – B. Kulak ($900,000) – M. Stone ($3,500,000)
    Left: M. Giordano ($6,750,000) – N. Hanifin ($4,950,000) – R. Andersson ($755,833)

    M. Smith ($4,250,000) – D. Rittich ($800,000)

    T. Brouwer ($1,500,000) – L. Bouma ($766,667) – R. Murphy ($137,500)

    Roster Size: 23
    NHL Salary Cap: $79,500,000
    Cap Hit: $77,622,543
    Cap Space: $1,877,457

    • Jagrrrrr, baby. Yeah.

      Not a lot of cap space there. Hopefully Stone gets traded for a pick or prospect during the season. Even retaining some salary would still be a net positive for the cap space, and make some room for Juusy or Oli next year.

        • Jagrrrrr, baby. Yeah.

          True, they don’t need it, but more wiggle room is always nice in case something bad happens. Maybe Smith stinks up the joint and they need to bring in another starter for more than $1M – the most likely bad scenario that could require cap space.

          • mrroonie

            What if Smith doesn’t stink up the joint and that bad thing that happens is one of the top-4 D going down? Having Stone available to step in is a better option than throwing one of the rookies to the wolves. If something happens that they need cap space, Tre can make a trade at the time.

          • Baalzamon

            Having Stone available to step in is a better option than throwing one of the rookies to the wolves.

            Why? Why would it be better to promote a worse player? That doesn’t make sense.

            And don’t say experience. Andersson is never going to become experienced if he never receives an opportunity to gain experience because he’s inexperienced. That’s the worst kind of circular logic, and I don’t understand why every organization in the league seems to be trapped by it.

    • everton fc

      If they can’t/won’t move Stone (I think it’s the latter), then either Andersson spends one more year in the “A” (I hope not), or Kulak becomes the #7 d-man (I hope not). But I don’t think they’ll move Stone.

      And if any of the guys above get cut during camp, and picked up, a bit more salary is dumped. I also don’t see Mangiapane on the opening day roster. It’d be nice if he made it, but…