Flames Place Connor Zary on Waivers; Claim Unlikely Given Contract and Injury History

The Calgary Flames stunned observers Monday by placing forward Connor Zary on waivers. The move follows a dismal start to the season in which Calgary has dropped its first three games while being outscored 16‑3.

This campaign was always expected to be a developmental year for the rebuilding Flames, with the primary goal of giving young players a chance to establish themselves. At 25, Zary no longer fits that profile, signaling that the organization no longer views him as part of its long‑term core regardless of whether he is claimed.

The surprise stems from Zary’s recent reputation. He debuted in the NHL early in the 2023‑24 season and made an immediate impact, posting 13 goals and 34 points in just 63 games.

Despite that promising start, Zary’s trade value has evaporated. The Flames reportedly sought a second‑round pick for him this past offseason but found no takers, suggesting his chances of being claimed off waivers are slim.

Zary Faces Multiple Obstacles

Since his NHL debut, Zary has appeared in 193 games, recording 39 goals and 87 points. The 2025‑26 season was particularly difficult for the 2020 first‑round selection, as he managed only 12 goals and 25 points.

A lack of consistent opportunity has contributed to his struggles. Over the past two seasons, the Flames have shuffled him between wing and center, preventing him from building chemistry with linemates.

Given his draft pedigree and age, several NHL clubs could benefit from adding Zary. He possesses high skill and compete level and still projects as a potential top‑nine forward. However, many interested teams may be deterred by his contract.

Before the 2025‑26 season, Calgary re‑signed Zary to a three‑year, $11.325 million deal carrying a $3.775 million cap hit through 2027‑28. While not exorbitant, the term and salary are more than teams want to commit to a player who has yet to solidify his NHL role.

Injury history further complicates matters. Zary suffered two significant knee injuries during the 2024‑25 campaign and has not regained his prior form. He was never considered an elite skater, making those injuries an even greater concern for potential suitors.

Flames Have Clearly Moved On

The most telling aspect of Monday’s decision may not be whether Zary is claimed, but what it reveals about the Flames’ evaluation of him. A rebuilding team rarely waives a 25‑year‑old former first‑round pick unless it has serious doubts about his ability to become the player they once projected.

That reality makes this a disappointing turn for both player and franchise. Just over two years ago, Zary looked like a cornerstone of Calgary’s next competitive roster. Now, the organization appears willing to part with him for nothing.

If Zary clears waivers, the Flames could retain him and explore trade options later. A change of scenery might also reignite the form that made him such an intriguing prospect. His talent has not vanished, and at 25 it is premature to write off his career definitively.

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