Calgary Flames veteran Tyler Toffoli doesn't intend to sign an extension, reports Daily Faceoff's Frank Seravalli.

Toffoli is entering the final year of his contract, which carries a $4.25-million cap hit, and will hit unrestricted free agency in the summer of 2024. The Flames are likely to make the 31-year-old available for trade, according to Sportsnet's Elliotte Friedman.

The Flames have a glut of 2024 free agents whose decisions will likely shape the path of the organization. Elias Lindholm, Mikael Backlund, Noah Hanifin, Chris Tanev, and Nikita Zadorov are all also one year from hitting the open market.