Devin Cooley has quickly become a valuable asset for the Calgary Flames, and his recent two-year contract extension is a testament to his contributions. The deal, worth US$2.7 million, with an average annual value of $1.35 million, reflects the organization's confidence in the 28-year-old goaltender. Several factors likely contributed to Cooley's decision to jump at the Flames' offer.

Firstly, the opportunity to establish himself as a reliable NHL backup was a significant draw. Cooley's journey to the NHL wasn't straightforward. Undrafted, he worked his way through the minor leagues, making his NHL debut with the San Jose Sharks in the 2023-24 season. Joining the Flames organization in 2024, he spent a year with the AHL's Calgary Wranglers, where he posted a team-high 21 wins and earned an AHL All-Star selection. This performance demonstrated his potential and convinced Flames General Manager Craig Conroy to entrust him with the backup role behind Dustin Wolf. Now, with a solid performance this season, holding a 4-4-2 record with a 2.40 goals-against average and a .914 save percentage in 13 games, Cooley has solidified his position. The contract extension offers him stability and the chance to further prove himself at the highest level.

Secondly, the strong goaltending tandem formed with Dustin Wolf likely played a crucial role in Cooley's decision. The Flames have invested heavily in Wolf, signing him to a seven-year, $52.5 million contract extension. Cooley's presence provides Wolf with a dependable partner, allowing for a balanced workload and healthy competition. Together, they have achieved the second-best team goals-against average (2.20) and save percentage (.922) on home ice this season. This collaborative environment, where both goalies push each other to improve, is an ideal situation for Cooley. Knowing that he has the support of the organization and a strong relationship with his fellow goaltender undoubtedly made the Flames' offer more appealing.

Finally, the financial security of a two-year, one-way contract is a significant factor. The contract guarantees that Cooley will be paid his NHL salary regardless of whether he plays in the NHL or AHL. This provides a level of comfort and stability that is particularly valuable for a player who has worked hard to establish himself in the league. The $1.35 million average annual value represents a considerable increase from his previous contract, acknowledging his value to the team. This financial commitment from the Flames demonstrates their belief in Cooley's abilities and their desire to keep him as part of their long-term plans.

In conclusion, Devin Cooley's decision to sign a contract extension with the Calgary Flames was likely influenced by the opportunity to solidify his role as an NHL backup, the positive dynamic within the team's goaltending tandem, and the financial security offered by the contract. His performance this season has justified the Flames' faith in him, and he appears poised to be a key contributor to the team's success for the next two years.