Joined: Apr 2017
Obviously he isn’t being paid “too much”, or signed for too long but that doesn’t mean it can’t be a bad deal. While the Flames have lots of space still, there is a 50 contract limit that Cant be exceeded (for NHL contracts - 1 or 2 ways). Peluso’s day as an NHLer are over so he will almost certainly be playing for the AHL Moose.
Given this likelihood I feel it would have been better to sign him to an AHL contract @150k give or take (a decent salary at the AHL level, particularly given his skill, but he is a veteran so one has to pay him a bit more). He is being guaranteed $150k this season anyways with this NHL contract (and that’s what he is likely to make. If he is playing in the NHL then things have gone very badly for the Flames. This way they get his locker room leadership and he can contribute to the organization without taking up a contract spot needlessly. Several “former” NHL players are now down in the AHL on AHL contracts (e.g. Colin Greening & Rich Clune in Toronto, which won the Calder Cup). Peluso could play a vital role as a player/(informal) coach for the Jets youngsters playing in the AHL.