Dustin Wolf signed a seven-year, $52.5 million contract with the Calgary Flames on Tuesday. The contract, which starts in 2026-27, has an average annual value of $7.5 million.

The 24-year-old goalie is entering the final season of a two-year contract he signed July 30, 2024, and could have been a restricted free agent after this season.

“I’ve been looking to hopefully get something done,” Wolf told Flames TV. “There was no timeline, but kind of sooner the better. I’ll be here the next eight years and really excited to call this place my home.

“To have their belief and faith that I can help this team win hockey games and we can make a run for a championship one day, it’s an exciting time.”

In 53 games last season, Wolf was 29-16-8 with three shutouts, a 2.64 goals-against average and .910 save percentage that ranked second among United States-born goalies (minimum 40 games) behind Connor Hellebuyck of the Winnipeg Jets. He was second in voting for the Calder Trophy, given annually to the top rookie in the NHL, won by Montreal Canadiens defenseman Lane Hutson.

Wolf, also a member of the NHL All-Rookie Team last season, was not invited to attend the United States Men’s Olympic Orientation Camp for the Olympic Winter Games Milano Cortina 2026.