The Calgary Flames have just eight games remaining on their 2025-26 regular season schedule. And while the clock ticks on this season, we begin to ponder – in a tentative way – how things will look for the organization next season.

The Flames had five goaltenders under NHL deals for the 2025-26 season. Three remain on active deals for 2026-27, and beyond that trio, they have some interesting decisions to potentially make.

Here’s our first look at how netminding may look for 2026-27.

The Flames have three netminders under NHL deals for 2026-27.

Dustin Wolf kicks off the first year of his seven year, $7.5 million AAV contract next season. So far this year, with the team taking a step back defensively, he’s gone 22-26-3 with a 3.03 goals against average and .897 save percentage. He’s had an off year, but he’s, at worst, an average NHL goaltender in his second full season on a team that’s had some challenges. He’s the top netminder for the club as long as he’s around.

Devin Cooley kicks off the first year of his two year, $1.35 million AAV contract next season. He’s been superb as Wolf’s backup, going 9-9-5 with a 2.62 goals against average and .912 save percentage. He’s not leaned upon nearly as much as Wolf has been, but he’s been undeniably one of the best stories (and goaltenders) in the NHL this season.

Meanwhile, first-year pro Arsenii Sergeev has had a quietly impressive 2025-26 season. He went 6-6-0 with a 2.94 goals against average and .922 save percentage with ECHL Rapid City. He’s been pressed into AHL action due to injuries to Ivan Prosvetov and Owen Say – and leaned on heavily as Prosvetov’s game has fizzled out down the stretch – and posted pretty respectable numbers given the circumstances, going 4-12-7 with a 3.29 goals against average and .897 save percentage. If nothing else, Sergeev has shown that his impressive run with Penn State a year ago was no fluke: he’s got game, even behind a pretty patchwork AHL blueline group.

Owen Say had a pretty solid first pro season in the AHL, though it was cut short due to an injury. He went 6-7-4 with a 3.36 goals against average and .889 save percentage. He’s eligible to become a restricted free agent this summer and it would be surprising if he didn’t get a qualifying offer.

Ivan Prosvetov lost out on the Flames’ backup gig to Cooley in training camp, and he’s since had a pretty up and down year overall between injuries and trying to find consistency with his game. He’s 9-12-2 with a 3.76 goals against average and an .887 save percentage. He’s a pending unrestricted free agent and based on how this year has gone, it wouldn’t be a shock if Prosvetov looked for opportunities elsewhere – potentially somewhere he has a clearer path to NHL minutes.

Meanwhile. the Flames have a pair of goalies in Russian junior that could be potentially up for an opportunity on this side of the Atlantic. Kirill Zarubin has been one of the top goalies in the MHL over the past two seasons, posting a record of 26-13-3 this season with a 2.17 goals against average and a .930 save percentage. (Elite Prospects lists his contract as ending this season.) Meanwhile, Yegor Yegorov‘s numbers a little less impressive – 13-17-6, 2.97 goals against average and a .918 save percentage – but he’s shown promise.

If one of those gentlemen are available, perhaps the Flames bring them over. Otherwise, perhaps we see another veteran AHL backup brought in to spell off the kids from time to time.