i think in the new cap economy in the NHL, dynasties will be downright impossible, instead you have that next tier of "elite" where you can maintain cup contender status over the course of 3-5 seasons (like the bostons, pens a few years ago, the hawks fell off a bit but are rounding back to that status and sharks/wings a few years ago).
i would put the canucks in that tier which last about 2 years. they were a pretty big powerhouse, and had the best defense to offense transition in the league in my opinion during that time.
the flames on the otherhand, never hit that cusp even during the 5 year playoff berths in a row years. they were always considered to be in playoff contention but never cup contention.
It's awesome that the canucks got the elite tier in the league but never won it all.
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