The Calgary Flames have taken a hard turn early in the 2026-27 season, and Connor Zary is now the biggest name caught in the shuffle.
After sitting as a healthy scratch for the second game of the year against the Vancouver Canucks, Zary was placed on waivers Monday morning, leaving the other 31 NHL teams with 24 hours to decide whether to claim him. If nobody steps in, the Flames will be prepared to move on and lose him for nothing.
It’s a stunning fall for a player who once looked like a real piece of Calgary’s future. The Flames drafted Zary 24th overall in 2020, and he flashed that upside in 2023-24 with a rookie season that produced 14 goals and 34 points in 63 games.
Since then, though, the trajectory has gone the wrong way. Zary’s 2024-25 season was derailed by a pair of serious knee injuries that held him to 54 games, and he followed that up with a 2025-26 campaign in which he managed only 12 goals and 25 points.
The fit never really settled under head coach Ryan Huska, either. Zary was bounced around the lineup all season long in 2025-26 and never consistently looked like the same player who had impressed as a rookie.
There had already been signs that Calgary was open to moving him. Reports earlier this offseason said GM Craig Conroy was shopping Zary while seeking a second-round pick in return, but no trade materialized.
Any team that claims him would be taking on the full $3.775-million cap hit, a number that stays in place through the end of the 2027-28 season.
The Flames also placed Brayden Pachal on waivers Monday. The 27-year-old depth defenseman played in just 39 games last season and has not appeared in 2026-27.
Pachal is in the second year of a two-year deal carrying a $1.187-million cap hit, and his chances of being claimed appear slim. Zary, on the other hand, could draw interest from a team with cap space willing to bet that a change of scenery can revive a career that once looked far more promising.
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Oilers Trade Buzz Could Quietly Matter To The Flames Soon
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For Calgary, any movement across the provincial divide is worth watching closely because it can alter the balance of the Battle of Alberta, even if only in a subtle way. The talk so far points to Edmonton weighing depth pieces rather than anything dramatic, and while no move has been announced, the possibility of a swap before the lineup gets healthier again gives the Flames another reason to keep an eye on what their rivals do next. [Read more 🡒]