The Calgary Flames held a fire sale between last season and the summer, moving out multiple top-of-the-lineup pieces — including top forward Elias Lindholm, top defenders Noah Hanifin and Chris Tanev and starting goaltender Jacob Markstrom. Calgary moved out more than $24M in cap space between all of its trades, and yet — as the 2024-25 season prepares to enter December — the Flames sit comfortably in a playoff spot. They’re 12-8-4 so far, ranked third in the Pacific Division and sixth in the Western Conference. Even better, Calgary boasts the third-most cap space in the league — with a projected $25.9M in current available funds. The hot start and open budget put Calgary in the best spot it’s been in years, and it’s a direct result of novice general manager Craig Conroy’s timely reliance on the prospect pool.
Conroy emphasized on Sportsnet’s “Flames Talk” podcast this summer that the goal of the Flames’ season would be to create opportunity for their in-house prospects. Twenty-four games into the season and it seems every single prospect to receive a chance has seized it in full.
Dustin Wolf is quickly establishing himself as a franchise goaltender, posting eight wins and a .918 save percentage through 13 games in what is his formal rookie season. That kind of performance will command respect in the race for the Calder Trophy, even against Matvei Michkov and Logan Stankoven rivaling point-per-game scoring. Wolf is thriving in what is the first hardy starting experience of his career, continuing to dominate North American pros after taking home the AHL’s Les Cunningham “MVP” award in 2023, and the Aldege “Baz” Bastien Memorial Award for goalie-of-the-year in both 2022 and 2023. He spent just a bit too much time with the NHL roster last season to rival either award but recorded a cumulative 97 wins and .926 save percentage through 141 games and four seasons in the AHL. That ability is now directly benefiting the Flames. Wolf has posted a save percentage above .900 in 61.5 percent of his starts this year, just 0.4 percent behind Markstrom’s tally in 2021-22 — when he finished the year second in Vezina Trophy voting.
Wolf’s dazzling defense of Calgary’s garrison has given youngsters Connor Zary and Matthew Coronato plenty of space to lead the offensive charge. Zary has become Calgary’s third-most utilized forward at even-strength, with 349 minutes of five-versus-five ice time in 24 games — 13 minutes fewer than Nazem Kadri, two fewer than Mikael Backlund, and 12 more than Jonathan Huberdeau. Zary’s had no trouble keeping up with the studded veterans he’s keeping company with, scoring six points at even strength and 12 points on the year as a whole — tying Huberdeau and one behind Kadri. He’s become a core piece of Calgary’s top-six — a role flirted with when he recorded 14 goals and 34 points in 63 games as a rookie last season. The bulk of his scoring, between this year and last, has come thanks to a nonstop motor and ability to play at top speeds. But while Zary’s outskates his opponents on the top-line, Coronato has taken to outworking them in the middle-six. He’s also jumped up the Flames’ scoring chart with six goals and 10 points in 19 games this season. That’s one fewer goal than each of Kadri and Huberdeau and puts Coronato on pace for 26 goals across 82 games — which would mark the highest scoring from a U22 Flame since Matthew Tkachuk and Sean Monahan each surpassed the 25-goal mark three separate times before their 22nd birthday.
The surge of production from Zary and Coronato in the top-nine has helped Calgary’s lineup truly settle into place. Utility winger Blake Coleman has been able to resign to a top-notch supporting role rather than needing to drive play on his own; while Coronato’s role of gritty scorer opens more space for Martin Pospisil to embrace his bruiser tendencies. It’s created a lineup that’s cohesive, multifaceted and capable of taking on the NHL’s best lineups — made evident by Calgary’s recent three-game stretch of wins over the New York Islanders, Rangers, and Minnesota Wild.
A year intended for retooling has instead become a year of success for the Flames. They’re on an upward trajectory, fueled almost entirely by the team’s timely leaning into their prospect pool. Wolf’s performance as a formal rookie will have Calgary as a top mention in the Calder Trophy race, while Zary and Coronato’s mix of scoring could push the team into the postseason for the first time since 2022. Even without either accolade, the performance of Calgary’s top youngsters this season sets up plenty of reasons to be excited about their long-term outlook.