– pic via Lisa Nevostrueva

According to Andy Strickland, the Flames have come to terms with Karri Ramo on a multiple year deal. The deal can’t be officially confirmed/announced until July 5th, the date that Ramo’s KHL contract ends.

We’ll treat this as "rumor" for now, but Strickland is reputable and is pretty cut and dried in his article. It’s interesting the Flames would go with a "mulit-year" deal since Ramo is still kind of an unknown NHL commodity. That said, a 2+ year contract was likely part of the price of convincing Ramo to leave the KHL given his level of success and (likely) the size of contracts he could have commanded had he stayed overseas. 

There’s little doubt Ramo will be inked under a one-way deal, so all that’s left to see is the dollar/cap figure.