There were rumors this week that the Montreal Canadiens could exchange goalkeeper Carey Price to free Cap space and continue with his contract. They did this Friday and the veteran to move to the San Jose Sharks. The full details of the Trade is as follows:
The Canadiens acquire defender Gannon Laroque from the San Jose Sharks in exchange for goalkeeper Carey Price and a fifth round pick in 2026.
The Canadiens acquire defender Gannon Laroque from the San Jose Sharks in exchange for goalkeeper Carey Price and a fifth round pick in 2026.
News item ↓ #Gohabsgohttps://t.co/HNWKBE7FE0
– Montreal Canadians (@Canadiensmtl) September 5, 2025
Laroque, 22, split between the Barracuda of the AHL and Echl’s Wichita Thunder last season, after he was set up in 2021. Price, 38, leaves a Hall of Fame Résumé with 712 NHL matches, 361 victories, several large awards and gold medals with Team Canada. He withdraws as the leader of the Canadiens of all time in victories and games played by a goalkeeper.
Hughes told reporters This week: “We are doing well, we don’t have to exchange a care price. If we can find an exchange to move his contract that makes sense to us and makes sense for another team, we will pursue it. But we don’t have to do that.” The sharks were one of the favorites to acquire the prize.
He will not play this season and spend the campaign on LTIR. The sharks grab a choice as a sweetener for taking the contract of Price and San Jose now has capflexibility if they make transactions throughout the season.
We reported earlier this week:
“The most likely framework that is being discussed includes the price and a concept choice on the way to San Jose in exchange for prospects Artem Guryev and Gannon Laroque.” In the end, Montreal only grabs one contract.
The Canadiens now have cap-flexibility and are looking for a trade to acquire a second-line center. According to Puck Pedia, after the trading price $ 10.5 million, The Canadiens have $ 4.6 million in projected cap space with 23 active players. Without scheduling movements, this fits $ 20.9 million annual CAP -hit on the Handelsdeadline. They add”This means that Montreal cannot work in LTIR. Without the trading prize, their team cap would have been their highest potential cap -hit the season, which means that they would have started with 0 CAP room if they had not traded a price.”
This is the end of an era for Carey Price as a Montreal Canadien.
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