It makes more sense for the Flames to sign someone now, rather than waiting till the trade deadline. Either way, they'll likely need to acquire a top 6 RW for depth (the need may be emphasized by injuries).
So of the two options:
1. Sign a veteran depth RW now, for nothing but a (probably reasonable) contract. The player will be able to make an impact all year and add competition to training camp. The Flames likely have the cap space, and there is almost no risk on 1 year contracts.
2. Trade for a winger at the deadline. This would cost valuable assets that the Flames don't have. They cannot/should not trade away anymore picks. A defence prospect can be traded, but would you really want to give up any of the blue chip prospects for a rental? With Mike Smith as the starting goalie, can the Flames really be top contenders? Finally, the sellers would likely be teams within the division. They'd want a premium from the Flames.
To me, the first option makes a lot more sense. Don't both leaving any cap space for the trade deadline. Just use it now. As long as it's only for this year.
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