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Sabres, Alexandar Georgiev Terminate Contract

November 24, 2025 at 1:05 pm CDT | by Bradley Keith 8 Comments

Nov. 24: Georgiev cleared unconditional waivers, per Friedman, meaning he’s had his contract with Buffalo terminated and is free to sign with Spartak.

Nov. 23: Insider Elliotte Friedman of Sportsnet shared this afternoon that Sabres goaltender Alexander Georgiev has been waived with the intent of contract termination. Georgiev is set to move on to Russia and join Spartak of the KHL.

Georgiev was waived last month, then cleared and joined the AHL’s Rochester Americans. There, the Sabres affiliate had a wealth of goaltending, arguably at a legitimate NHL level, with Devon Levi alongside Georgiev, as well as prospect Topias Leinonen. Before the season, Buffalo had significant question marks in net with Ukko-Pekka Luukkonen banged up, and the respectable but not exactly standout Alex Lyon tasked with holding things down.

As it has turned out, Lyon has performed steadily, and waiver pickup Colten Ellis has also exceeded expectations. There was no real path forward for Georgiev in the organization. The Bulgarian native played in two games for Rochester, both ending in losses with a 3.57 GAA. He now seems to be in greener pastures, joining a solid Spartak club, which has needed help in net, where he will be a star at the KHL level.

Originally undrafted out of the Finnish Liiga, an unusual path for most Russian players, Georgiev made an impression with the Rangers, who signed him in 2017. Making his NHL debut in 2018, Georgiev has the distinction of serving as backup for franchise icon Hendrik Lundqvist in his final season as a Ranger, gradually taking a higher workload. With the emergence of star Igor Shesterkin, though, Georgiev’s future in New York became uncertain.

After the 2021-22 season, Georgiev was dealt to the freshly minted Stanley Cup Champion Colorado Avalanche for draft picks in order to replace Darcy Kuemper. Georgiev emerged as a low-stakes, affordable option for a team strong enough up front to make up for any shortcomings in net. Sure enough, Georgiev posted his best season as a pro, leading the NHL with 40 wins and becoming an NHL All-Star.

Unfortunately for Georgiev, despite twice leading the league in wins, all while still remaining under 30 years old, Colorado quickly pulled the plug in 2024-25 amidst his shaky play. While unusual for a team to do so with a former All-Star, it appeared the success was largely driven due to the team in front of him. Georgiev was dealt to the hardcore rebuilding San Jose Sharks, where Colorado brought back Mackenzie Blackwood in return.

In the thick of an aggressive rebuild, getting heavily outshot most nights, Georgiev naturally did not have as much success in San Jose in a role that is especially tough on any goaltender. GM Mike Grier let his contract expire after 2024-25.

Georgiev was signed in September by Buffalo, with an opportunity to re-establish himself as an NHLer; however, with the emergence of other netminders in the organization, doors shut quickly. Still just 29, it is not impossible he could make an NHL return, but for now, Georgiev will likely be eager to return closer to home as a major standout player in the KHL.

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AHL| Buffalo Sabres| Colorado Avalanche| KHL| Liiga| NHL| New York Rangers| Players| SHL| San Jose Sharks| Waivers Alexander Georgiev

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View Comments (8)

Comments

  1. uvmfiji

    2 weeks ago

    Tony Deangelo says byeeeee

    1
    Reply
  2. MacJablonski--NotVegasLegend

    2 weeks ago

    Don’t let the doorknob hit you on the way out, GeorgieDog!

    1
    Reply
  3. Nha Trang

    2 weeks ago

    … so why are you presuming he’s going to automatically be a star in the KHL? Wouldn’t he have to play some games and perform well *before* he’s anointed?

    2
    Reply
    • layventsky

      1 week ago

      He’ll be facing lesser competition in the KHL than in the NHL, so it’s an opportunity for him to re-gain some confidence and re-establish himself.

      1
      Reply
    • Nha Trang

      1 week ago

      Oh, sure. But there’s a difference between “He’s likely to do better” and “he will be a star.”

      1
      Reply
  4. fightcitymayor

    1 week ago

    One of the stranger goalie declines I’ve seen in a while. Guy was a 40-game winner with Vezina votes and All-Star status three seasons ago. Now banished to Russki-land before he hits age 30.

    1
    Reply
    • 66TheNumberOfTheBest

      1 week ago

      Bad goalies can look good on a good team.

      Same thing happened with Grubauer.

      3
      Reply
  5. Goggles Pizano

    1 week ago

    This KHL move allows AG to ‘play in the snow’ with new Spartak teammate Adam Ruzicka, while Lindy and the Sabres work their way toward missing the Playoffs by a few points (again).

    2
    Reply

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