The decision is one which many expected, as it was widely reported that the 36-year-old goaltender intended to conclude his career after 2013. In fact, Kiprusoff's decision to retire this summer might have occurred many years ago. His former coach, Mike Keenan, stated in March that the goaltender negotiated his six-year, $35 million contract under the guise of retiring before the 2013-14 season. This is evidenced by the dramatic decline in annual payment in the framework of his contract, specifically in the final year where he is scheduled to earn $1.5 million, according to CapGeek.com.
Kiprusoff appeared in 623 career regular season games and recorded a cumulative goals against average of 2.49, a save percentage of .912 and 44 shutouts. Originally selected with the No. 116 overall pick in the 1995 NHL Entry Draft by the San Jose Sharks, Kiprusoff was acquired by the Flames in 2003 for a second-round draft selection that ultimately became Marc-Edouard Vlasic.
Kiprusoff would go on to backstop the Flames to the Stanley Cup Final later that season and won the Vezina Trophy as the league's best goaltender in 2005-06. His retirement is another sign that Calgary is in store for an extended rebuild that spans the entire scope of the roster.