Flames Trade Regehr to Buffalo, Re-Sign Tanguay

After a bit of a delay, the Calgary Flames were able to complete a deal Saturday with the Buffalo Sabres that sent longtime Flames defenseman Robyn Regehr, forward Ales Kotalik and a 2012 second round draft pick to the Sabres in exchange for defenseman Chris Butler and center Paul Byron. Regehr needed to waive his no-movement clause in order for this deal to be completed, which is what held up the process as Regehr wanted to find out what other options were available. Apparently, there were none.

This is a tremendous acquisition for the Sabres, who gave up some decent talent to acquire Regehr but nobody that can't be replaced. Regehr is a 31-year old veteran of the game who has long been one of the better defensive talents in the NHL. He will bring a great deal of experience and leadership to a squad that could certainly use him for a boost at the backend - and somebody to influence youngsters like Tyler Myers. In fact, it was exactly Regehr's size and experience that general manager Darcy Regier had in mind when making this deal.

“Not just veteran leadership, but the added size as well. With the history that he has and the age he’s at, with years ahead to play, I think he can really do a lot for our younger defensemen,” Regier said. “We think that he can help and do a lot for someone like Tyler Myers. That combination of the youth and experience, that blend will do well for us.”     
This trade also marks a return to Buffalo for Kotalik, who has failed to be the same kind of offensive asset that he was before leaving the Sabres. Kotalik started his career in Buffalo and spent seven seasons with there, posting multiple 20-goal campaigns. But he was traded to Edmonton at the deadline in 2009 and signed with the New York Rangers via free agency that summer. He was then moved to Calgary in the Olli Jokinen trade and split times last year between the Flames and its AHL affiliate, Abbotsford. Perhaps a return to the team that drafted him in the sixth round (164th overall) back in 1998 will boost his performance.

Regehr is still owed a pretty penny money-wise, set to earn $8 million over the course of the next two seasons with an annual cap hit of $4.02 million. Kotalik will also earn $3 million in the final year of his current deal.



And the ability to dump that salary was a big reason why the Flames elected to deal both players. With the cap relief the Flames gained from the trade, they were able to re-sign winger Alex Tanguay to a five-year deal worth $17.5 million - or $3.5 million in salary and cap hit each season. This represents a $1.8 million raise from what he made on a one year deal with the Flames last year.

"As we looked at the potential [unrestricted free agent] market, we didn't see a player that was going to replace [Tanguay] and be as productive as we believe he can and will be," Flames general manager Jay Feaster told the press during the NHL Entry Draft weekend. "So, we're happy to have him back."

Tanguay, 31, made an impact in his return trip to the Flames last season, scoring 22 goals and 69 points in 79 games. It's production like that which made captain Jarome Iginla push very hard, according to Feaster, for his stay in Calgary to be extended.

"I think that the guy with the biggest smile today in Calgary isn't Alex, it's Jarome Iglina," Feaster said. "That's one guy that Jarome has made very clear that he very much wants back and wants to be able to play. And certaintly our entire organization is thrilled to have him back."