Flames 'picking away' at contract extensions for Gaudreau, Monahan

As the calendar gets set to turn to August, Calgary Flames general manager Brad Treliving still has two massive items to check off his summer to-do list.

Both Johnny Gaudreau and Sean Monahan - who ranked first and second in team scoring last season - remain without new contracts as restricted free agents, and Treliving stated Wednesday there's no real update to offer.

"We've obviously got Sean and Johnny's contracts and we continue to work away at that," the GM said after formally introducing goalie Brian Elliott, according to Kristen Odland of the Calgary Herald.

"We'll keep picking away at that ... It's just term and money, right?" he joked.

The young stars are no doubt looking for long-term, big-money deals, and have expressed a desire to play together for years to come.

With 11 weeks to go before the start of the regular season, the Flames have close to $15 million in available cap space, much of which could be taken up by these two extensions.