Calgary Flames start rebuild with Jacob Markstrom trade

This major announcement was first reported by NHL insider Travis Yost. The transition marks a notable shift in Markstrom's career and the strategic orientations of both teams involved.

Jacob Markstrom, the stalwart 34-year-old goaltender, has parted ways with the Calgary Flames. This decision came to fruition after Markstrom waived his no-move clause, an initial move towards joining the Devils at the 2024 Trade Deadline. However, complications on the Flames' end led to a temporary setback, compelling Markstrom to conclude the season with Calgary amidst less than favorable conditions. According to Frank Seravalli, the Flames' inability to finalize the trade earlier resulted in a somewhat strained conclusion to Markstrom's tenure with the team.

By acquiring Markstrom, the New Jersey Devils have effectively addressed what has been their most significant roster gap over recent seasons. As one of the NHL's most dependable goaltenders, Markstrom's experience and resilience are expected to elevate the Devils' play, potentially positioning them as serious contenders for the playoffs. Despite a challenging season with the Flames where he posted a .905 save percentage across 48 games, his capabilities remain well-regarded, particularly given his history of starting up to 60 games a season.

The specifics of the return package for Calgary in exchange for Markstrom have not yet been disclosed. However, given Markstrom's caliber and the ongoing demand for seasoned goaltenders, the Flames are anticipated to have secured a substantial return. This trade not only reshapes Calgary's roster but also sets a benchmark for the goaltender market this offseason.

Markstrom will continue under his existing contract, which commits him to two more seasons with an annual salary of $6M. This contract underscores his value and the expectations placed on him by the New Jersey Devils as they aim to fortify their lineup.

This strategic move by the Devils not only fills a critical gap in their roster but also signifies a promising shift towards strengthening their playoff prospects. As the offseason progresses, the impact of this trade will become increasingly apparent, potentially setting the tone for further shifts in player alignments across the league.