Yegor Sharangovich Tim Fuller-USA TODAY Sports

After arriving in a trade Tuesday, Yegor Sharangovich quickly agreed to a new two-year contract with the Calgary Flames. The contract will extend through 2024-25 and carries an average annual value of $3.1M.

Sharangovich, 25, was a pending restricted free agent with arbitration rights. With this new deal in place, he’ll be an unrestricted free agent in the summer of 2025.

The young forward saw his numbers drop significantly this season, scoring just 13 goals and 30 points in 75 games after a breakout 24-goal campaign in 2021-22. That was due to several factors, perhaps most importantly Timo Meier essentially taking his job down the stretch.

With the New Jersey Devils ready to commit long term to Meier, Sharangovich was a player without a spot, meaning this swap to Calgary should benefit him. He’ll likely get a chance to play big minutes and head into UFA status with significant offensive numbers.

That’s what both sides are hoping for and what this cap number represents. The Flames can’t give out $3.1M deals to just anyone given how tight they are to the ceiling. They now project to be slightly over the cap for the start of the season, though there is still plenty of time to work that out.

The guard is changing in Calgary, with rumors swirling about several high-profile players. Sharangovich will likely not be the last newcomer this summer as new GM Craig Conroy puts his stamp on the roster.

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