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Calgary Flames sign former Coyote Michael Stone a month after buying him out

It appears that the Calgary Flames weren’t ready to move on from Michael Stone just yet.

NHL: Vancouver Canucks at Calgary Flames Sergei Belski-USA TODAY Sports

Here at Five For Howling, we like to keep track of Arizona Coyotes players, both past and present. We previously talked about the Calgary Flames buying out the final year of Michael Stone’s contract. While they didn’t want the cap hit for Stone, they clearly wanted to keep him around, as today it was announced the Flames have signed Stone to a one-year, $700,000 contract.

This is an extremely rare move, so rare that it prompted some people to wonder if it was against the rules. Thankfully CapFriendly stepped in and explained the difference between “Ordinary Course Buy-Outs” and “Compliance Buy-Outs.”

With this signing Stone will get $1.866 million from the Flames this season and $1.167 next season. Stone will make only $466,667 less then he would have if Calgary hadn’t bought out his final year, and the Flames got some extra cap space this season.

This is definitely an unusual move by the Flames, but it’s good to see Stone find a spot on an NHL roster.