If the Calgary Flames start selling, who could be on the way out?

With the way the Calgary Flames’ 2025–26 season has started, the organization looks to be barreling towards a full-on rebuild for the first time in over a decade. Sitting at the bottom of the league and with a playoff spot looking like a distant dream, the Flames may start looking to sell sooner rather than later in order to build towards the future.

If Craig Conroy opens up shop and begins a fire sale, who could be on their way out of town? Let’s take a look.

The Rasmus Andersson tier

Rasmus Andersson is in a tier of his own here, for obvious reasons. The 28-year-old veteran is arguably the Flames’ strongest trade chip right now, regardless of a rebuild. Even with a hot start, Andersson likely would’ve been on the way out at some point this season. His expiring contract and unwillingness to stay in Calgary make that a certainty. Now that the Flames are entering a full-on teardown, it’s made it even clearer that Andersson must go.

The bottom line is that Andersson officially holds all the power. He can walk away for nothing if he isn’t off the roster as of March 7, 2026. Conroy has no choice but to trade him before then. Given Conroy’s experience with Johnny Gaudreau, I don’t see any way the Flames lose Andersson for nothing. He’ll be traded; it’s just a matter of when.

Trade them now before it’s too late

These are players who may not be on expiring deals, but should absolutely be traded at some point, as they don’t serve much of a purpose on a rebuilding team and will only see their value decrease the longer they’re around. Getting future assets in return would be much more valuable at this point.

Nazem Kadri

No surprises here, but Nazem Kadri is the number one name in this tier. The veteran centre has seen his name pop up in trade rumours for over a year now. It’s finally time for those rumours to become a reality. Up to now, both the Flames and Kadri have denied any possible move that sends the 35-year-old out of town. But with the Flames sinking to the bottom of the NHL, one would have to assume the tune has changed.

It just makes sense for both parties to go their separate ways. Kadri gets to play on a contender to end his career, and the Flames get assets that will help their future—something Kadri won’t be doing at his age. Kadri still has a ton of value around the league, but it’s decreasing fast as he enters his late 30s. Given his contract has moved to a 13-team no-trade and not a full no-movement this season, a trade seems more likely than ever.

Blake Coleman

Although his name hasn’t been out there as much as Kadri’s, Blake Coleman is another veteran name that has been mentioned as a trade piece for the Flames. Much like Kadri, a trade makes sense for both sides if the Flames decide to truly bottom out. With two years remaining on a manageable $4.9M AAV deal, Coleman would be a piece that almost any contender would love to have.

At this point, there isn’t much use for a veteran like Coleman on a Flames team that won’t be playing playoff hockey anytime soon. There’s no reason not to trade him now while he still has some value on the market.

No reason not to trade them

Joel Hanley

God bless Joel Hanley. He does his job well enough, but the Flames have simply no use for a veteran defenceman at his age. Add on the fact that he’s struggled to start the 2025–26 season, and it would make sense to ship the veteran out to a contender for a mid-round pick at some point this season.

Jake Bean

If anyone offers you anything for Jake Bean, you take it and hang up before they change their mind.

Brayden Pachal

Of all of the Flames veteran defenders, Brayen Pachal is the last one I would move. With that said, if a team wants to give up a mid-round pick for the former waiver claim, there’s no reason not to say yes.

If the price makes sense, it should be considered

These players don’t have to be traded, but if the right offer comes in, moving them should be on the table.

Morgan Frost

After a hot start in the preseason, Morgan Frost has come back down to Earth. He sits with just three points in nine games and only one goal. While he’s a serviceable middle-six centre and only 26 years old, there’s no reason he should be untradeable if the right offer comes along. At the end of the day, Frost didn’t cost much to acquire. Getting something for him before he potentially walks as a free agent in 2027 wouldn’t be a bad thing.

MacKenzie Weegar

It would take an absolute haul to move him, but if a team really wanted MacKenzie Weegar, I think the Flames would be foolish to ignore it. Do I think they should look to move Weegar? Absolutely not. With that said, if a contending team wanted to pay a king’s ransom for the 31-year-old, then the Flames should be open to it if they plan to truly rebuild.

No one wants them

Johnathan Huberdeau

This one doesn’t need much explanation. Johnathan Huberdeau isn’t going anywhere. Not because he’s untradeable to the Flames, but because his contract is arguably the worst in the NHL. It would take the Flames adding assets to Huberdeau in order to move him, which makes little to no sense for a rebuilding roster. Keep him around and let him get you to the cap floor.

Yegor Sharangovich

From the day he was signed, Yegor Sharangovich has disappointed in Calgary. Now starting down a five-year, $28.75M contract while being healthy scratched, he’s entered unmovable territory. No one is trading for a 27-year-old who is making that much money and can barely hit 30 points.

Joel Farabee

It just hasn’t worked for Joel Farabee in Calgary. Since arriving last season, Farabee has managed just eight points in 40 games. Needless to say, I don’t think there would be any takers for a player making $5M a year for the next three years who is producing at a 16-point pace.