Calgary Flames coach Craig MacTavish’s contract extension with the team is official

Calgary Flames General Manager Craig MacLean announced Wednesday that he has agreed to a new four-year contract extension that will pay him $5.3 million annually, effective immediately.

The extension also includes a buyout clause, which will pay MacLean $6.5 million in 2017-18 and $8.3 in 2018-19.

The agreement comes just days after the Flames hired Craig MacLeod as his first head coach, replacing Bob Hartley.

MacLeod was named the Calgary Flames general manager on Aug. 1 and was given a mandate to rebuild the team’s roster.

MacLean will continue to be paid for his work on the Flames front office, which includes his role in the drafting and signing of free agents, the development of new talent and assisting in the construction of a new arena.

“I want to thank all the players and the coaching staff for all the hard work and dedication over the past year and I’m looking forward to a great season in 2017,” MacLean said in a release.

“Our hockey club is in great hands.

We are extremely proud of the progress we have made in the last three seasons and look forward to bringing that success to our fans this season.”

MacLeod is the second of two coaches to lead the Flames.

The Flames fired Ken Hitchcock on March 6, 2018.

MacLeary will replace Glen Gulutzan, who was hired in January 2018 to replace Hartley and took over for Hartley at the end of the season.

The Flames finished with the NHL’s worst record last season and had a .906 save percentage.