Flames re-sign Michael Stone after buying him out
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A familiar face is reuniting with the Calgary Flames at a discounted rate.
The club signed defenseman Michael Stone to a one-year, $700,000 contract Wednesday, about five weeks after buying out the final year of his previous deal.
In addition to his new salary, Stone will earn $3.5 million in 2019-20. He inked a three-year, $10.5-million pact with Calgary in June 2017.
He'll now count for $1,866,667 against the cap, which includes the original buyout hit of $1,166,667 plus his new cap hit.
The 29-year-old was limited to 14 games in 2018-19, collecting five points.
Calgary is in need of blue-line depth with Juuso Valimaki out indefinitely due to a torn ACL.