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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.

  • 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.

  • Off the wall

    $50,000 saved. Now what are we going to spend that on?

    I know… pizza for everyone on FN!
    C’mon Treliving, we know you read these comments.

    Pizza and beer please, cuz we have supported you through all of this!

    Thanks!

    Oh yah, congrats to Hanifin…

  • supra steve

    Just checked D payrolls for some other NHL clubs. Flames aren’t the highest, or the lowest…and it looks like their blueline will probably be a bit cheaper than the one that starts the season in Edmonton (after Nurse deal is signed). Tre knows what he’s doing, Chia does not.

      • 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.

  • Stu Gotz

    By now I’m sure you may have heard of potential ownership changes to the Calgary Sports & Entertainment group. I suspect the arena deal remains a major point of contention and will not be resolved within the current ownership group. I’m also hearing a few of these owners want to get out and now is time for change. What is not clear is if Murray Edwards is leading this change for more control or if in fact he wants out as well. Rumour has it that either/both of Shaw and Atco are interested….going to be an interesting season in more ways than just hockey.

    • FuNky ANGER

      Sources? I heard something on theFan960 this morning. But it sounded more like Edwards wanted more control while others wanted out. Nothing about Atco or Shaw family, so curiois to hear where you heard that part.

  • Jeremy

    Assume that in 2019-20 the cap is 83 mill.
    Also assume that Dube ,Ras, and Valamaki are on the team.
    Then the Flames will have 16189000 to sign Chucky, Bennett, Kulak, Mangy and a Goalie.
    Very doable.

  • RKD

    Treliving:
    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.

    • SouthernFlame

      He’s only 21 years old! If he doesn’t pan out dont protect him in the expansion draft. But he will pan out!! I don’t know if I will be losing sleep or sleeping peacefully for the next month. I need the season to start now!!

      • Stew_Catz

        If he progresses we’ll this season, the contract is friendly and he becomes a potential marquee trade chip to address other organizational shortcomings when Valimaki is ready to make the jump.

  • everton fc

    A very good contract. I like this deal.

    As for Stone – he won’t be moved until they are 100% certain Andersson is NHL-ready.

    (Unrelated – I see the Leafs are still struggling to get Nylander signed. He wants term. They don’t. Imagine if we could add Nylander, somehow…)

      • BlueMoonNigel

        I am still of the opinion that the well-reported dispute between Babs and Matthews is more of a rift than a tiff which might only be fully healed when either Babs is fired or Matthews moves on. I suspect the latter more than the former. The addition of JT was not to complement Matthews but to replace him.

        The logical landing spot for Matthews and it would come with the divine blessing of Bettman is Arizona. Can’t think of any NHL player who could more butts in seats in Glendale than Matthews.

        Don’t be shocked if this season or next Matthews goes Coyote Ugly.

        You heard it here first, folks.

    • Atomic Clown

      They would want someone signed to a cheap term that fills a need. Their biggest needs are the back end. They’re also pretty high on Andersson. Bennett and Andersson for Nylander signed to $5 million for 5 years?

      • Denscafon

        in 2 years nylander has scored 61 pts in a row. He will probably command minimum 6×6 and deserves it. Monahan had similar stats when he was an RFA and signed at a discount of 6.3. Yes centers get paid a premium, but no way should Nylander accept 5×5. Also while i agree that Bennett/anderson would be a start, I’d think they’d want a 1st rounder as well. Issue with that even is that we don’t even have any cap to sign nylander at 5 mill if that was the deal. Stone would need to be traded as well and even potentially frolik to make room. I doubt leafs are willing to take either contract in the deal.

  • Brian McGrattan's Salute

    I’m really excited that we have an even younger team now, with so many guys with talent. Like, I read that Hanafin got the news he was signed while in a theatre (again), but also that he was hanging out with Austin Mathews and Charlie McEvoy and such. What good company to be in.

    I’m just hoping that guys like Jankowski, (and perhaps especially) Bennett, and the prospect that might get a look on our forth line, really get it going.

    Hopefully all this youth (and new coaches) will make this a team to really want to play for (unlike last year), and guys will make each other better and can push and support each other.

    Wishful thinking, but I read also what Hanafin was saying about how excited he is to play on our team. And maybe that’s just what all players say, but I think it’s genuine, and if so it’s super nice to cheer for a team that players are actually excited to play for.

  • 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.