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.

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.

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.

  • IUsedToHaveAName

    So long as it’s going to be signed before training camp starts. We can argue about how good the deal is later but he needs to be ready to go as soon as he can. We don’t want another Gaudreau contract situation repeat.

  • RKD

    Gio: 6.75
    Gaudreau: 6.75
    Monahan: 6.375
    Neal: 5.75
    Backlund: 5.35
    Lindholm: 4.85
    I don’t know of any other GM being able to get NHL players to sign for less than market value.

  • Thunder1

    Nurse won’t sign long-term for less and the Oil don’t have nearly the cap to match. Chia’s gonna’ a take a trip over the Subban bridge while Tre’s looking like a genius again.

  • Garry T

    Hope he works out extremely well for us. Dougie and Fox who says he never told the Flames he was not going to honour the NHL draft selection , is a pretty high price to pay. The team is looking good on paper. The top 4 are signed. We now have Pouliot, Anderson Kulak, Killington , Stone and Hogstrom an extremely good European defender fighting over two playing and one backup spots. This is going to be interesting. Looking forward to this season which cannot start soon enough for me. Go Flames!

    • Kevin R

      Yeah he came out & said he never said he wouldnt come but he also neglected to say he had no intention of signing & was going back for his final year & that there was a pretty good probability at that point that he would like to consider his options that would be good for his career. In other words, he was going to take the Free Agency route but didnt officially rule out Flames. Yeah right, I dont blame Tre for cutting bait on that kid. I still dont think he’ll end up in Carolina either because they are stacked on the backend & in the pipeline. He’s Ranger bound who are rebuilding & have lots of room to let him step right in & play with his Team USA buddy he was paired with. I’d do a side bet on that.

      • Baalzamon

        Because Prout does everything Stone does, and Andersson is just plain better than either of them.

        At some point Andersson has to play in the NHL, because it’s detrimental for the team if he doesn’t. So do you trade Stone, or sit him in the press box? You have to do one.

        • Fat Tony

          Can’t sit a 3 mil+ contract in the press box. If a kid comes into camp and outplays him then he should be moved. It doesn’t make sense to have 3 others guys that can do his job arguably better than him when hes being paid all of their salaries combined. Ship him to Ottawa with 1/3 retained salary for a pick or prospect, or something like that.

    • LannyMac

      Stu stone will go but closer to the deadline when Tre has zeroed in on the player he wants at the deadline. He is a veteran presence that will add to the team and build his stock for a few mths the it will be raz’s turn. Unless Raz is heads and tales better than Stone then this post is garbage and stone should be traded or sit.