I would prefer to be in the current situation, if I were the GM (as long as I was confident that I would have at least 3 years to turn it around).
Lindholm, Tanev, Zadorov, and Hanifin are all valuable pieces and they should provide a boatload of draft picks. If Conroy is able to convince ownership to retain on 3 of them and wait until the deadline or take on a bad contract on the other, then they should be able to fit on any team in the league creating a solid market for each.
Zary, Coronato, and Pelletier are surefire top 9 players and one or two of them may even prove to be top line calibre. They are under team control for log enough that the franchise should be heading back towards competitiveness before we lose any of them. Honzek is too much of a question mark at the moment since he has been hurt all year. Hopefully he is another top 6 player that they can count on in a few seasons.
Defence: with Weegar and Andersson locked in for a few more seasons, the D core is a bit similar to the 2013 rebuild. I like Solovyov, Poirier, and Morin a lot as prospects and think there is probably another top 4 guy amongst them.
Goalies: Wolf is an elite goalie prospect, so you have to hope that he's going to carry the load as a franchise goalie in the future. As many here have pointed out, goaltending is the hardest position to project for with prospects. However, he is the best up and coming goalie I can remember them ever having.
In two seasons the foundation will possibly be:
Zary Kadri Coronato
Huberdeau Backlund Mangiapane
Pelletier Dube Coleman
Honzek Sharangovich Pospisil
Now, the possibility of trading Backlund, Dube, Mangiapane, Coleman, Sharangovich, and Kadri seems realistic to different degrees and could bring in more assets to create a new core as well.
If the Flames bottom out this year and pick in the top 5 there are some C and D prospects that could lead a team in the future. There are really good wingers too, but my hope is that they can get an elite player at C or D. Imagine Celebrini being the new star of the Flames... It'd be awesome to see.
Wolf is as good of a goalie prospect as there is, so that is one spot that they have already done a fine job of setting up for.
Now we are a couple years into the future. The cupboards are stocked with first and second rounders. The new arena is about to open and the city will be buzzing. With all of that capital and cap space there should be opportunity to trade prospects and surplus picks to get some high end talent from teams facing a crunch and hopefully the new arena and core will be appealing enough to get good UFA players to fill any gaps.
All in all, I'm pretty optimistic about the future of the organization of they are going to embrace this situation as an opportunity to remake the team.
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