Calgary Flames general manager Craig Conroy&#8217;s summer to-do list seems to be getting a bit shorter. On Wednesday afternoon, per multiple reports, the club has hammered out a new two year deal with <a href="https://publish.flamesnation.ca/2025/05/14/morgan-frost-could-take-a-step-forward-in-his-first-full-season-as-a-flame/">centre Morgan Frost</a> carrying a $4.375 million average annual value.
The deal was first reported by CHEK and The Athletic&#8217;s Rick Dhaliwal, with PuckPedia reporting the term.
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
Sounds like Morgan Frost and Calgary are closing in on a new contract.
&mdash; Rick Dhaliwal (@DhaliwalSports) <a href="https://twitter.com/DhaliwalSports/status/1940524896599286083?ref_src=twsrc%5Etfw">July 2, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
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The <a href="https://twitter.com/hashtag/Flames?src=hash&amp;ref_src=twsrc%5Etfw">#Flames</a> signed RFA F Morgan Frost to 2 year $4.375M Cap Hit:
Year 1 $3.875M Salary &amp; $500K Signing Bonus Year 2 $4.375M Salary &amp; 8 Team No Trade Clause
Covers 1 UFA season
Rep&#39;d by Darren Ferris <a href="https://twitter.com/QuartexxHockey?ref_src=twsrc%5Etfw">@QuartexxHockey</a> 
1st on signing <a href="https://twitter.com/DhaliwalSports?ref_src=twsrc%5Etfw">@DhaliwalSports</a> <a href="https://t.co/2PtAUflxaU">https://t.co/2PtAUflxaU</a>
&mdash; PuckPedia (@PuckPedia) <a href="https://twitter.com/PuckPedia/status/1940529662985490844?ref_src=twsrc%5Etfw">July 2, 2025</a></blockquote>
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The deal covers his final restricted free agent year and one year of potential unrestricted free agency. It&#8217;ll expire at the end of the 2026-27 season, at which point he would be 28 and eligible to become a UFA.
The 26-year-old Frost was a first-round selection by the Philadelphia Flyers back in 2017 after playing his junior hockey with the Soo Greyhounds. He went pro in 2019-20 and, after bouncing between the Flyers and their American Hockey League team, the Lehigh Valley Phantoms, he became a full-time NHLer in 2022-23.
<a href="https://publish.flamesnation.ca/2025/01/30/calgary-flames-trade-kuzmenko-pelletier-flyers-frost-farabee/">The Flames acquired Frost in late January</a>, along with Joel Farabee, in a swap between the Flames and Flyers that sent Andrei Kuzmenko, Jakob Pelletier, a 2025 second-round pick and a 2028 seventh-round pick to Philadelphia. He became a restricted free agent on July 1.
So there are two views on Frost: glass half full and glass half empty.
If you&#8217;re an optimistic type, you look at his three full NHL seasons, all played as a centre, and see things he can build on. His offensive production has ranged from 13 to 19 goals and from 37 to 46 points. Given that things in Philadelphia were a bit topsy-turvy during his tenure there and his role seemingly changed a bit, a couple seasons with the Flames could allow him to really cement himself into the team&#8217;s long-term plans.
If you&#8217;re a pessimistic type, you could argue that Frost has been pretty inconsistent offensively thus far – which is a fair criticism – and that a two year &#8220;show me&#8221; deal is probably necessary to figure out what the heck he is. Yes, things with the Flyers were a bit wonky, but that means that Frost is a 26-year-old mystery box at this point. Maybe he could become the middle-six centre that the Flames hope he can be. But his brief Flames tenure thus far – 12 points in 32 games – hasn&#8217;t done a ton to help him cement that spot in the roster quite yet. His contract is, in a sense, an audition for him.
But hey: he&#8217;s young, he&#8217;s a centre, and he&#8217;s signed for a couple years. By the time Frost&#8217;s deal is winding down, the Flames will hopefully know a lot more about him as a player&#8230; and potentially know if there&#8217;s anyone in the farm system that could potentially replace him, if it comes down to that.
With Frost signed, the Flames have five RFAs remaining: Connor Zary, Sam Morton, Rory Kerins, Yan Kuznetsov and Jeremie Poirier.
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Calgary Flames general manager Craig Conroy's summer to-do list seems to be getting a bit shorter. On Wednesday afternoon, per multiple reports, the club has hammered out a new two year deal with <a href="https://publish.flamesnation.ca/2025/05/14/morgan-frost-could-take-a-step-forward-in-his-first-full-season-as-a-flame/">centre Morgan Frost</a> carrying a $4.375 million average annual value.

The deal was first reported by CHEK and The Athletic's Rick Dhaliwal, with PuckPedia reporting the term.

https://twitter.com/DhaliwalSports/status/1940524896599286083

https://twitter.com/PuckPedia/status/1940529662985490844

The deal covers his final restricted free agent year and one year of potential unrestricted free agency. It'll expire at the end of the 2026-27 season, at which point he would be 28 and eligible to become a UFA.

The 26-year-old Frost was a first-round selection by the Philadelphia Flyers back in 2017 after playing his junior hockey with the Soo Greyhounds. He went pro in 2019-20 and, after bouncing between the Flyers and their American Hockey League team, the Lehigh Valley Phantoms, he became a full-time NHLer in 2022-23.

<a href="https://publish.flamesnation.ca/2025/01/30/calgary-flames-trade-kuzmenko-pelletier-flyers-frost-farabee/">The Flames acquired Frost in late January</a>, along with Joel Farabee, in a swap between the Flames and Flyers that sent Andrei Kuzmenko, Jakob Pelletier, a 2025 second-round pick and a 2028 seventh-round pick to Philadelphia. He became a restricted free agent on July 1.

So there are two views on Frost: glass half full and glass half empty.

If you're an optimistic type, you look at his three full NHL seasons, all played as a centre, and see things he can build on. His offensive production has ranged from 13 to 19 goals and from 37 to 46 points. Given that things in Philadelphia were a bit topsy-turvy during his tenure there and his role seemingly changed a bit, a couple seasons with the Flames could allow him to really cement himself into the team's long-term plans.

If you're a pessimistic type, you could argue that Frost has been pretty inconsistent offensively thus far – which is a fair criticism – and that a two year "show me" deal is probably necessary to figure out what the heck he is. Yes, things with the Flyers were a bit wonky, but that means that Frost is a 26-year-old mystery box at this point. Maybe he could become the middle-six centre that the Flames hope he can be. But his brief Flames tenure thus far – 12 points in 32 games – hasn't done a ton to help him cement that spot in the roster quite yet. His contract is, in a sense, an audition for him.

But hey: he's young, he's a centre, and he's signed for a couple years. By the time Frost's deal is winding down, the Flames will hopefully know a lot more about him as a player... and potentially know if there's anyone in the farm system that could potentially replace him, if it comes down to that.

With Frost signed, the Flames have five RFAs remaining: Connor Zary, Sam Morton, Rory Kerins, Yan Kuznetsov and Jeremie Poirier.
<h1>This article is brought to you by Platinum Mitsubishi</h1>
<img class="aligncenter size-full wp-image-138031" src="https://publish.flamesnation.ca/wp-content/uploads/sites/2/2099/08/Platinum-Mitsubishi-NDS-Screen-Res-1.png" alt="" width="414" height="140" />

This article is a presentation of Platinum Mitsubishi, family owned and operated by lifelong Calgarians. Home of the industry-leading 10-year, 160,000-kilometre powertrain warranty. Check out their showroom at 2720 Barlow Trail NE or online at <a href="http://www.mitsu.ca" target="_blank" rel="noopener" data-saferedirecturl="https://www.google.com/url?q=http://www.mitsu.ca&amp;source=gmail&amp;ust=1737766788077000&amp;usg=AOvVaw1IDdhb5Us0lSTEz-MS7q_U">www.mitsu.ca</a>.

Flames re-sign centre Morgan Frost to two year deal ($4.375 million AAV): report

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