Latest on Mark Giordano, Canadiens re-sign Brian Flynn and updates on the Maple Leafs, Senators, Oilers and Canucks. 

Flames will now focus on re-signing Mark Giordano.

Flames will now focus on re-signing Mark Giordano.

CALGARY SUN: Having re-signed recently-acquired defenseman Dougie Hamilton to a lucrative contract extension, the Flames management now turns toward re-signing team captain Mark Giordano. He’s eligible for UFA status next July.

SPECTOR’S NOTE: The good news for the Flames is they have considerable cap space starting in 2016-17 to re-sign Giordano. The bad news is he’s going to be very expensive (perhaps $7.5 million per season), plus they’ve got rising stars Sean Monahan and Johnny Gaudreau due significant raises, plus they must also re-sign or replace Jiri Hudler, Jonas Hiller and Kris Russell, who are also eligible next summer for UFA status.

MONTREAL GAZETTE: The Canadiens re-signed restricted free agent forward Brian Flynn to a two-year deal worth an annual cap hit of $950K.

THE GLOBE & MAIL: The Toronto Maple Leafs are once again preaching patience as they continue their roster rebuild. So far, there’s been little of the expected roster turnover. Expensive core players Phil Kessel, Dion Phaneuf, Joffrey Lupul and Tyler Bozak are still with the Leafs. The club intends on being cautious in this year’s thin free-agent market.

SPECTOR’S NOTE: It’s possible one of those core players could get moved later this summer once this shallow free-agent market is picked clean, but their expensive contracts still makes them difficult to trade. 

OTTAWA SUN: The Senators are expected to be quiet in this year’s UFA market, putting their immediate focus upon re-signing pending UFA forward Erik Condra.

EDMONTON SUN: Oilers GM Peter Chiarelli is downplaying expectations moving into this summer’s UFA period.

SPECTOR’S NOTE: Chiarelli might dip a toe into the shallow UFA pool for defensive depth. Otherwise, any other significant moves (like landing a top-two defenseman) could come via trade. 

THE PROVINCE: The Vancouver Canucks trading Kevin Bieksa will open the door for young blueliners Frank Corrado and Adam Clendening.