The Calgary Flames had so much cap space heading into 2013-14 they were actively looking for ways to acquire other club's bad deals in return for assets. This coming year, even with raises to a bunch of pending RFA's and a free agent signing or two, the org will still be south of the cap ceiling.
The sense is that the Flames have a lot of budget to work with, but the truth is more complicated than that if we look two years down the road. We're reading tea leaves a bit, but it's possible for the Calgary's cap situation goes from casual to dire in the space of a couple of the seasons.