Morgan Frost
Right now, much of the discussion around the Flames and these players revolves around trading them or keeping them, but in the case of Morgan Frost, the question is whether or not they should extend his contract or not. Currently, he has one-year remaining on his contract with $4.37 million owing on the two-year deal the Flames signed him too last summer, with this potentially being the biggest decision the team need to make this summer.
This past season, Frost was once again inconsistent, but after he took over the 1C role from Nazem Kadri, he found his groove, with the 26-year old posting 9 goals and 14 points in 21 games following that trade. Given the combination he made with Matvei Gridin and Matt Coronato, that should be the Flames top line next season, it's easy to fall for the idea of Frost being the long-term middle-six C for this team, but given that he'll want term on his next deal, it's a tough call for the Flames.
Either way, Craig Conroy likely needs to make his call this summer, and given the high upside that will help when the future arrives, it's likely that the team will lock in Frost to a deal over five years, likely between $5-7 million per season.
Verdict: The Flames will likely ink Frost to a long-term deal to become their 2 or 3C for years to come.
Blake Coleman
Blake Coleman is a player that many Calgary Flames fans expected to be traded at the 2026 deadline, but after dealing both Mackenzie Weegar and Nazem Kadri, it seemingly didn't make sense for them to give up another veteran. Once again, he was an absolute rock for this team wherever they needed him in the lineup in 2025/26, and while his 35 point total was his lowest since 2021/22, his first season since arriving in Calgary, he was a +12 on the fourth worst team in the NHL.
Coming into the summer, he's one of the NHL's most valuable trade chips given his immense two-way talent, as his four short handed goals was second in the league along with his incredible play on the penalty kill. On top of that, Coleman has two Stanley Cups and is as tough as anyone in the entire league, and with just one year remaining on his current contract, the interest will once again ramp up as the NHL Draft draws near.
Whether the team actually pull the trigger this summer or they wait until the deadline, the time to move Coleman is now, and if they play their cards right, they could land significant future assets for the 34-year old winger.
Verdict: The Flames should trade Coleman ahead of the draft, but if not, they'll have a top trade piece at the deadline.
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