The only time I think high profile UFA signings work out is when a player really wants to play for a specific team and doesn't take the UFA premium. Dan Hamhuis signings with the Canucks is the best example I can think of. He was targeted by several teams in free agency but it was clear that he wanted to go to Vancouver. He signed a 6 year deal at $4.5M per.
If for some reason Alzner really wants to play in Calgary and takes a deal under $4M per then it is a win. If he wants to play in Calgary but the Flames need to be the highest bidder the result is not going to turn out well for the Flames if they feel the need to get him my any means necessary
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