The Calgary Flames have solidified their goaltending future by signing Dustin Wolf to a seven-year contract extension. The deal, announced on Tuesday, carries an average annual value (AAV) of $7.5 million. The contract begins in the 2026-27 season and extends through the 2032-33 season.
Wolf, 24, is coming off his first full season in the NHL, where he posted a 29-16-8 record with a .910 save percentage and a 2.64 goals-against average (GAA) in 53 games. His 29 wins led all rookie goaltenders in the NHL last season. He also led all freshman netminders in saves (1,409) and shutouts (3). Wolf finished second in Calder Memorial Trophy voting. According to Sportlogiq, Wolf's “5 on 5 goals saved above expected per 60” ranked him 8th in the league.
Prior to becoming a full-time NHLer in 2024-25, Wolf played in both the NHL and AHL in 2023-24. In 2022-23, he was named the AHL's most valuable player. He has twice been named the AHL's Goaltender of the Year (2021-22 and 2022-23). As a member of the Everett Silvertips of the WHL, he was a two-time winner of the WHL Goaltender of the Year in 2019-20 and 2020-21 and earned CHL Goaltender of the Year honors in 2019-20. He also won a Gold Medal with Team USA at the 2021 World Junior Championship.
The Flames drafted Wolf in the seventh round (214th overall) of the 2019 NHL Draft. He was considered a long shot due to his size, as he is listed at 6'0", which is short for a goalie. However, Wolf has consistently defied expectations throughout his career.
Wolf's new contract represents a significant raise from his current $850,000 cap hit, which runs through this season. The deal covers five potential free agent seasons for Wolf. He is set to be the team's second-highest paid player next season behind Jonathan Huberdeau ($10 million) and just ahead of Nazem Kadri ($7 million).
With this signing, Wolf becomes the eighth member of the Flames signed through at least the 2028-29 season, joining forwards Jonathan Huberdeau, Nazem Kadri, Matt Coronato, Martin Pospisil and Yegor Sharangovich, as well as defensemen Mackenzie Weegar and Kevin Bahl.
Despite his impressive performance last season, Wolf was not invited to the United States Men's Olympic Orientation Camp for the Olympic Winter Games Milano Cortina 2026. Wolf said that he was not worried about being overlooked and that he was focused on helping his team win.
The Flames (41-27-14) tied the St. Louis Blues for the second wild card into the Stanley Cup Playoffs from the Western Conference last season but lost the tiebreaker.
