Montreal trades Carey Price’s contract and a 2026 draft pick to San Jose, clearing cap space while acquiring defenceman Gannon Laroque.
Major Trade Announcement
The Montreal Canadiens have dealt the contract of longtime goaltender Carey Price to the San Jose Sharks, the clubs confirmed Friday. Montreal also included a 2026 fifth-round draft pick in the transaction, while receiving defenceman Gannon Laroque in return.
Cap Space as Motivation
Price’s contract, now in its final year of an eight-year, $84-million deal, carries a $10.5-million cap hit. The move lowers Montreal’s salary commitments by roughly $4.5 million under the NHL cap, according to PuckPedia, giving the team additional financial flexibility.
Career at a Glance
Although 38-year-old Price has not played since April 2022 due to a career-ending knee injury, his legacy in Montreal remains intact. Drafted fifth overall in 2005, the netminder became the franchise’s all-time wins leader with 361 victories, surpassing Jacques Plante in 2019.
Legacy Beyond the Numbers
Price is remembered not only for his calm presence and highlight-reel saves, but also for his accolades. His 2014–15 season earned him both the Hart Trophy as NHL MVP and the Vezina Trophy as the league’s top goaltender. Internationally, he backstopped Canada to Olympic gold at Sochi 2014 with a dominant .972 save percentage.
Impact on the Sharks and Canadiens
While Price is unlikely to return to the ice, San Jose gains the ability to absorb his contract as part of their rebuild. Montreal, meanwhile, adds Laroque, a 22-year-old defenceman from Edmonton, who was a fourth-round draft pick in 2021 but has yet to establish himself at the NHL level.
Looking Ahead
For the Canadiens, this trade represents both cap relief and a symbolic closing chapter on one of the greatest goaltending careers in franchise history. For Price, who effectively retired in 2022, it marks the final step in a journey defined by resilience, excellence, and a lasting impact on Canadian hockey.
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