Bill Peters will be named head coach of the Calgary Flames at a press conference on Monday afternoon, according to Sportsnet's John Shannon.

The 51-year-old looks likely to join the team after exercising his option to opt out of the coaching job with the Carolina Hurricanes on Friday, and would become the Flames' 17th head coach.

Peters had been with Carolina for the past four seasons, where he accumulated a record of 137-138-53 in 328 games. He never finished higher than sixth in the Hurricanes' division, while also failing to make the playoffs in all four years.

This year, the Hurricanes finished 10th in the Eastern Conference with 83 points, 14 points out of the final wild-card spot. Meanwhile, the Flames finished 11th in the West, 11 points off the final playoff spot.

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