Bill Peters had until Friday to exercise the opt-out clause in his contract, freeing him from the final year of his deal with the Carolina Hurricanes. He did just that, and will now hit the open market with the Calgary Flames a heavy favorite for his next landing spot.
“I have a lot of respect for Bill as a person and coach,” said Hurricanes owner Tom Dundon said in a statement. “We thank him for his time with the Hurricanes and wish him success in whatever comes next.”
With $1.6 million guaranteed for next season if he stayed in Carolina, Peters wouldn’t be leaving without having a good idea that he’ll be able to step into another job this off-season. At the moment, there are head coaching openings with the Flames, Dallas Stars and New York Rangers.
Dundon wasn’t against Peters staying for the duration of his contract, as he’s shown he prefers keeping people around who have term left rather than firing them (Hi, Ron Francis!). But with Peters resigning, the Hurricanes are off the hook now for that $1.6 million.
So where will Peters land? Well, the Flames have been the big favorite for a while, and the rumor mill sped up on Tuesday when Calgary decided to fire Glen Gulutzan after two seasons. General manager Brad Treliving said he wanted someone with NHL experience as a replacement and Peters would come to Alberta with a 137-138-53 record in four seasons with the Hurricanes, which includes zero playoff appearances.
It’s easy to tie Peters to the Calgary job. He’s from the area, worked with Treliving during the 2016 World Championships and got his start coaching in the Western Hockey League. It seems like it’s only a matter of time now.
As for the Hurricanes, they now have openings at GM and head coach. Team president Don Waddell is acting as interim GM during the search process. Rod Brind’Amour, who was one of Peters’ assistants, has seen his name out there as a potential replacement, same for the team’s assistant GM and AHL head coach Mike Vellucci. Both would come cheaper than what Alain Vigneault, Dave Tippett, Dan Bylsma or potentially Barry Trotz would command, so given Dundon’s methods so far, that just might be the direction they go.