At first glance it seems that the Calgary Flames did nothing to improve their team during the Canada Day long weekend. They were in the final four for Brad Richards, but that's about it. However, they did manage to sign Tanguay to a 3.5million/year -5 year deal and Babchuck to a 2.5 million/year - 2 year deal.
This years Free Agent Frenzy will forever be looked back as the Free Agent Bum Frenzy. All the players except Chuck Kobasew are shit and GMs with Free Agent Bum Frenzy Goggles on went on a spending spree. How else did Tim Connolly (a known injury case) get signed for 4+million a year, and Eric Cole got 4 million a year even though a)he can only play decently in Carolina b)He is injury prone. From Ehrhoff and Wizard of Noozki and Ville Leino and Joel Ward, everyone got overpaid.
Looking back, Tanguays deal is a steal.
Sometimes staying put isn't the worst thing you can do.