
For Oilers' fans it was a tough week as they witnessed another fan favourite depart Edmonton due to financial restraints. Ryan Smyth joined a long list of Oilers' greats/fan favourites who left Edmonton because the Oilers could not afford to sign them or did not feel that the player warranted such a lucrative contract. It started with Paul Coffey and included Wayne Gretzky, Mark Messier, Bill Guerin, Doug Weight and now Ryan Smyth.
Don't fret Oilers' fans as this will not only be an Edmonton problem, it will be a league wide problem. Many teams will experience what the Oilers' fans experienced last week, the departure of a fan favourite and/or a very good player due to financial restraints. Many teams will have some tough decisions in the future and I am going to look at one of these teams, the Calgary Flames.

The 2007/08 off-season will be a tumultuous one for Calgary Flames' fans as the Flames have some tough decisions to make. Even before the summer of 2008, the Flames have to address this upcoming off-season's UFAs (9) and RFAs (3) and what the Flames decide this summer will have a significant impact on next summer's signings. The Flames have significant UFAs and RFAs to sign in the summer of 2008 and these players are Iginla (UFA), Kiprusoff (UFA), Langkow (UFA), Huselius (UFA), Regehr (UFA) and Phaneuf (RFA).
During the summer the Flames will have to address what they are going to do about veterans who are UFAs. Veterans coming into UFA status this summer include Friesen, Amonte, McCarty, Hamrlik, McLennan and Stuart. I suspect the Flames will let Friesen, Amonte, McCarty and Stuart walk while they sign Hamrlik and McLennan. Not that these two are fan favourites, but the Flames will have to let either Hamrlik or Stuart walk and I think it will be Stuart because my suspicions are that he will command a higher salary than that of Hamrlik. Not mentioned UFAs are Primeau, Nilsson and Ritchie. Of these three, only Nilsson makes significant money and he will receive a modest increase in salary. Of the RFAs, Lombardi is the only significant RFA who would see his 2006/07 salary potentially double.
Now that I have somewhat set the table on the 2006/07 off-season it is time to look at the 2007/08 off-season, the one where the Flames have to make some very difficult decisions. Of the big six Free Agents, you can assume that the range of salary will be from 3.5 million to 7 million. Tallying up the current salary of these 6 players you get a combined total of 17.43 million. I suspect that these 6 players in 2008/09 will be paid a combined total of 27.5 million, this total could be as high as 30 million. Your are the Flames GM, who do you trade at the deadline? Do you trade Iginla, or Kiprusoff, or Regher, or Phaneuf, or Huselius, or Langkow? My suspicions are that Regher and Langkow are dealt, two players that all teams would gladly have on their team and would be considered top line players on all but a handful of teams. What must not be lost is that Yelle, Conroy and Zyuzin are UFAs as well in the summer of '08. The Flames could very well let all three of these players walk because they have no choice but to. When the 2008/09 season opens, you could see a team that looks similar to that of Tampa Bay where 4 or 5 players make up over 1/2 of the available payroll.
So in conclusion, Smyth and the Oilers were the first of what will be many sleepless nights for GMs and disappointed fans around the league. For those who laughed at Edmonton's misery this past week, your time will come.