But outside of selecting new prospects for the future, the Flames still have some unfinished business to take care of in the way of reshaping their roster for the 2013-14 season.
It's believed Feaster was close to trading defenseman Cory Sarich prior to the April 3 trade deadline, while several teams had inquired about the likes of forwards Lee Stempniak, Curtis Glencross and Alex Tanguay.
Sarich and Stempniak each have one-year left on his contracts, while Glencross has two more seasons to go and Tanguay is signed through the 2015-16 season.
Feaster could revisit trade talks this off-season, though he's indicated that he isn't entirely interested in moving a player like Glencross.
Forward Roman Cervenka, a big disappointment for the Flames this season, is scheduled to become an unrestricted free agent July 5 and isn't expected to be re-signed, nor is defenseman Anton Babchuk.
A big question for the Flames is their goaltending. If veteran Miikka Kiprusoff does indeed retire, as many expect, Feaster will have to be on the lookout for a new No. 1 goalie.
The Flames signed netminder Joey MacDonald to a one-year extension, but the team will need a steady starter next season if Kiprusoff calls it quits.
Calgary has a few goaltending options in their system, though one league source told TFP he expects the Flames to be "on the hunt for a goalie" this summer.