Flames GM Jay Feaster has already been shopping defenseman Anton Babchuk, but if the team fails to make any ground, he'll seriously explore trading Jay Bouwmeester.
Bouwmeester, 29, has a no-trade clause and would have to approve any deal the Flames try to make, however two sources have told TFP he would be willing to accept a deal if it meant moving to a contender.
The Detroit Red Wings have expressed an interest in Bouwmeester in the past, and talks could be renewed in the near future, if they haven't been already, as the Wings are in the market for a top-two defenseman.
Bouwmeester's $6.68 million cap hit could be a problem for several teams, though the Wings have the salary cap space to accommodate him. He has one year left on his deal beyond this season.
Feaster would be looking for a young replacement on the blueline and a top prospect as part of a package for Bouwmeester.
In 13 games with the Flames so far this season, Bouwmeester has registered three goals and four assists for seven points.