The Calgary Flames and New Jersey Devils had conversations about a trade involving goaltender Jacob Markstrom, according to TSN's Pierre LeBrun.

However, discussions reportedly did not escalate to the point where Calgary asked Markstrom if he would waive his full no-movement clause to accept a move to New Jersey.

Talks failed to progress over how much money - if any - the Flames would retain on Markstrom's contract, or what compensation the Devils would add to the deal in order to get the goalie's cap hit lowered, LeBrun added. It remains unclear if the trade can be revived.

Markstrom recently stated that he's open to the idea of being traded if the option presents itself but is content staying in Calgary.

"Whatever direction they want to go and what they want to do, I'm not going to force anything," he said.

Markstrom is under contract through 2025-26 with a $6-million cap hit - tied for fifth highest among netminders who have appeared in at least one game this season.

The 34-year-old Swede is enjoying an excellent season for the Flames, sporting a .916 save percentage in 33 appearances. He leads the league with 32.77 goals saved above expected, per Evolving-Hockey.

Markstrom struggled last season, but he was the Vezina Trophy runner-up in 2021-22 with a league-leading nine shutouts. He also finished fourth in voting in 2019-2020 and 10th in 2018-19.

Goaltending has long been an issue for the Devils, and 2023-24 is no exception. The trio of Vitek Vanecek, Akira Schmid, and Nico Daws has combined for a .894 save percentage. The 6-foot-6 Markstrom would undoubtedly be a big boost for a squad currently on the outside of the playoff picture.

The Flames have already begun selling off assets, such as Elias Lindholm. Fellow pending unrestricted free agents Noah Hanifin and Chris Tanev are expected to be dealt as well.

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