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How much should the Flames pay Johnny Hockey?

Johnny Gaudreau is a wizard with the puck. How much is that wizardry worth to the Flames on an annual basis? Sergei Belski-USA TODAY Sports

From a contracts standpoint, Calgary Flames general manager Brad Treliving has taken care of business this summer -- with one notable exception.

He replaced the coaching staff, freed up $5 million with the team's new goaltending tandem, and locked down Sean Monahan long term, but he still hasn't completed the most important item on his to-do list: re-signing restricted free agent Johnny Gaudreau.

What will it take to keep Johnny Hockey in a Flames uniform? Based on his underlying numbers, it could take a lot more money than most fans and pundits realize, and possibly in excess of $7.5 million annually, depending on the term. In fact, it could be more than another recent RFA drew with his current deal.