Reports: Flames, Ferland close to two-year, $3.5M deal

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The Calgary Flames are on the verge of signing Micheal Ferland to a two-year deal worth about $3.5 million, according to Sportsnet’s Elliotte Friedman.

(Fan 960’s Pat Steinberg and others back up Friedman’s report.)

If this is accurate, Ferland would carry a thrifty $1.75 million cap hit through two seasons. This would allow the two sides to avoid salary arbitration. One perk for Ferland: he’ll be a UFA when this deal ends, and this doesn’t buy any of those years.

Ferland himself confirmed a two-year deal, though not the terms.

Still, it seems like a pretty good deal for the Flames in the short term. The sizable forward checks off some boxes from an analytics standpoint, so you get the impression that this could provide some very nice value for Calgary.

The Flames still have some situations to sort out, as RFAs Sam Bennett and Curtis Lazar need deals. Even so, it’s been a very productive off-season for Calgary.