The salary cap is expected to fall somewhere between $81 and 83 million next season, but that figure is still very much a projection until the GM's formally meet here in Vancouver on Thursday.
Until then, the trade activity around the league is heating up, with several teams already pressed against the cap clearing space to accommodate younger, more cost-effective players in the system.
The Winnipeg Jets trading 24-year-old defenceman Jacob Trouba to the New York Rangers and the San Jose acquiring a pair of draft picks for stay-at-home veteran blueliner Justin Braun are the two most recent examples.
And, with Erik Karlsson signing a monstrous eight-year, $92-million extension to remain with those very same Sharks, there appears to be a market off the blueline.
"There's no question we've been at the front of the news the past few drafts," Pascall said, "but, I can tell you, that in itself is not a priority for Brad.
"For everyone in the management group - and Brad, especially - we're always talking about how we can get better. If there's something that pops up over the next few days where we can, we'll definitely look at that.
"We're happy with the team we have. We had a really good season last year - a really, really good season - but there isn't a single one of us in our organization that doesn't feel that we have to be a lot better next year.
"And we're going to takes all the right steps to ensure that, starting here at the draft."
That doesn't necessarily mean a trade - let alone the kind of blockbuster move that sent shockwaves around the draft floor one year ago - but it certainly does open the possibility.
Meantime, the Flames enter Friday's first round with five picks to work with, including a first (26th), third, fourth, fifth and seventh-round selection over the two-day event.