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Sharks Acquire Carey Price’s Contract From Canadiens

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The Montreal Canadiens have traded Carey Price’s contract and a 2026 fifth-round pick to the San Jose Sharks in exchange for minor-league defenseman Gannon Laroque. Price has not played since 2021, after undergoing surgery to repair a serious meniscus injury. He carries a $10.5MM cap hit through the end of this season.

Price has received a $5.5MM signing bonus on September 1st of each year of his contract. The Canadiens paid that tab earlier this week, opening the door for his lofty cap hit to be moved out. With no bonuses to worry about, San Jose will only have to pay Price $2MM in base salary, while reaping the benefits of a $10.5MM cap hit. That mark brings San Jose’s cap utilization up to $86.23MM – still $9.24MM below the cap ceiling. Montreal, meanwhile, will move forward with roughly $4.57MM in cap space.

The trade makes sense financially for both sides. The Sharks now distance themselves from the cap floor, while Montreal will be able to enter the season without utilizing long-term injured reserve. That latter point will prove particularly beneficial for Montreal, as they’ll now have the flexibility to bring in almost $5MM in lineup talent – rather than being forced to enter the season at the cap ceiling, since they exceeded the ceiling with Price’s contract on the books.

Montreal is planning to take full advantage of that newfound flexibility, per Marco D’Amico of Responsible Gaming. D’Amico shares that – whether it’s before the season or closer to December – the Habs have expressed interest in building out their roster. The team is noticeably lacking depth at the center position, with little to offer behind clear-cut, top center Nick Suzuki. That could make the Canadiens a strong candidate for a player like Jack Roslovic, who surprisingly remains on the free agent market despite scoring 22 goals and 39 points in his ninth NHL season last year.

The Canadiens will also receive an interesting prospect in this swap. Laroque has fallen victim to substantial injuries throughout each of the last few seasons. He had to undergo surgery on both hips in 2022, forcing him to sit out of all but four games of his final WHL season. He scored five points in those games. Recovery from the hip surgery continued through the 2023-24 season, though Laroque was able to play nine games, and record two points and eight penalty minutes, in both the AHL and ECHL. He seemed well-set to formally begin his pro career, before being pulled out of the 2024-25 season entirely by an undisclosed injury. It wasn’t revealed if this new injury was related to his previous hip surgeries. He was a productive, right-shot defender when he appeared at the junior level. Spending the better parts of two seasons with the WHL’s Victoria Royals, Laroque was able to record 59 points in 84 games.

Meanwhile, San Jose will move forward with balanced books and a clearer outlook of their expenses this season. This move drops San Jose from having the second-most cap space in the league, to the ninth-most. They also now carry 49 contracts, out of a possible 50. Sharks fans will zero in on how the team chooses to move forward with superstar prospect Michael Misa – the second-overall selection in this year’s NHL Draft. Misa scored an incredible 62 goals and 134 points in 65 OHL games this season, but still remains unsigned despite seemingly accomplishing everything he could at the junior flight. He’ll be a name to watch closely, and could even find his way onto the Sharks’ opening night roster, now that the team has a bit more financial security.

Photo courtesy of Kim Klement-USA TODAY Sports.

Assessing The Options For Marc-Edouard Vlasic

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There was a time, a decade ago, when former San Jose Sharks defenseman Marc-Édouard Vlasic was considered the most reliable and underpaid player in the NHL. Vlasic was earning $4.25MM in each year at the end of his five-year contract with the Sharks and had significantly outperformed his salary throughout his career.

That was until he signed a massive eight-year, $56MM contract in the summer of 2017, which completely altered the perception of the respected stay-at-home defender. The 38-year-old was bought out earlier this summer and hasn’t been much talked about in free agency, which isn’t surprising given his age and limited success in recent years. Vlasic has been playing below replacement level lately and struggled to stay in the lineup last year, being a healthy scratch at times and dealing with some injuries. All of this raises the question: what’s next for Vlasic?

Vlasic has publicly stated that he plans to play in the NHL this season, which is the goal of any professional hockey player. However, for him, that aspiration might not be realized given that he hasn’t been a consistent contributor since the 2017-18 season. Unfortunately, for both Vlasic and especially for the Sharks, his $7MM cap hit began during the 2018-19 season, coinciding with his decline. Vlasic’s performance significantly dropped from 2018 to 2020 and never recovered afterward. In fact, his poor play negatively affected star defensemen Brent Burns and Erik Karlsson, who both saw their numbers decline considerably when paired with Vlasic.

Vlasic’s salary, combined with his decline, played a significant role in the Sharks’ window of contention closing, as the flat salary cap worsened their cap struggles, along with Vlasic carrying arguably the worst contract in the league. Remarkably, Vlasic earned his contract extension after being one of, if not the top, defensive contributors in the NHL, while being vastly underpaid. However, for the Sharks, they signed the contract extension with Vlasic at precisely the wrong time.

So why does all of that matter if Vlasic no longer earns a big salary and can be signed for league minimum? Firstly, there are better defensive options still available in free agency who could have a more positive impact than Vlasic. Calvin de Haan could be signed cheaply, and he is four years younger and much more productive. Matt Grzelcyk is another player with a different style of game who posted 40 points last year. There are plenty of better options still available who haven’t signed with a team yet, including T.J. Brodie, and Ryan Suter. Even Brendan Smith and Oliver Kylington are better options at this point than Vlasic, and they’ve had to accept PTOs.

The second reason it matters is that if you are a contender, you wouldn’t be signing a player like Vlasic, with his current ability, to play NHL minutes for your team. Even as a seventh defenseman, you have more talented players available at this stage. On the other hand, if you are a rebuilding team like the Pittsburgh Penguins, you have young, gifted players you want to get ice time for and can’t afford to bring in a veteran who is no longer effective. The Penguins are an interesting case because they arguably have the worst defensive core in the NHL, and some might say that if they signed Vlasic, he would be their 15th-best option. That shows how far Vlasic’s game has declined over the past seven years; he could barely make the AHL on a team that is $13MM under the salary cap and has a weak defensive unit.

Vlasic’s chances of signing an NHL deal are slim, but it’s not impossible. NHL general managers often like to give a shot to an aging veteran who has had a solid career, and that would describe Vlasic perfectly. Older defensemen received multi-year contracts worth over $4MM this summer, so an NHL deal for Vlasic would be surprising but not entirely out of the question. The more probable scenario is that Vlasic gets an opportunity to demonstrate what he still has in the tank through a PTO. This would provide him with some practice time and potentially a chance to showcase himself in a few exhibition games, with the hope of securing an NHL contract or at least a two-way deal. It’s uncertain whether Vlasic would want that at this stage of his career, as some NHL players prefer not to ride the AHL buses anymore after a long NHL career, given family commitments. But only Vlasic knows what he truly desires.

Apart from a PTO or a two-way deal, there are plenty of options to find a job. He could explore the KHL, SHL, or other European leagues that might offer the chance to play every game. Still, family matters and lifestyle preferences will influence whether Vlasic chooses to take his game overseas. It’s rare to see a North American-born player who has earned the kind of money Vlasic has, make the move overseas after the age of 35, but it’s not unheard of.

Finally, there’s the final consideration: retiring and starting his post-hockey career, which is always challenging for any player, especially those who feel they have more to give. Vlasic may believe he can still contribute at the NHL level and might get a chance to prove it if he signs a PTO. However, at this stage, it could be the end of the line for a player who was once arguably the best stay-at-home defenseman in the league. Vlasic should have financial stability in his post-playing career, but he could no doubt find other ways to build a career in the game, thanks to his leadership experience and hockey IQ.

Photo by Jeff Curry-USA TODAY Sports

Aaron Dell Announces Retirement

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Goaltender Aaron Dell announced his retirement late last night. The 36-year-old wrote on his Instagram page that he’s hanging up his skates after a lengthy professional career that included seven NHL seasons.

“After 13 seasons of professional hockey the time has come for me to hang up the skates and leave my playing days behind me,” Dell wrote. “I wanted to thank all of the people that believed in me and supported me throughout my career. Lots of ups and downs. An undrafted 6 foot tall goalie that was given a chance by the San Jose Sharks organization. When I look at some of the names I had the privilege of working with like Nabokov, Thornton, Pavelski, Marleau, Couture, Karlsson, Burns and so many great players that I will always consider friends, I feel very fortunate.”

The Alberta native began his pro career with the Central Hockey League’s Allen Americans in 2012 after a three-year stint at the University of North Dakota. He split the following season with ECHL Utah before formally joining the Sharks organization in 2014-15, landing a deal with their AHL affiliate at the time in Worcester. After he exploded for a .927 SV% in 26 games for the Woo Sharks down the stretch, Dell landed his first NHL contract and signed a two-way deal with San Jose.

He spent the following year back in the AHL, this time with the San Jose Barracuda, but won a spot on their opening night roster for 2016-17 as Martin Jones’ backup. That began a four-year run for Dell as the Sharks’ primary No. 2 option, including a standout rookie season. He only made 17 starts and three relief appearances behind the workhorse Jones but was excellent when relied upon, posting a .931 SV% and 2.00 GAA with an 11-6-1 record in his first taste of NHL action.

That would end up being the peak for Dell, who was already 27 when he burst onto the scene. He remained a serviceable backup for the coming years and even cracked 30 starts in 2019-20, but by the time he hit free agency that fall amid the pandemic, his averages over his four years in San Jose were a .908 SV% and 2.76 GAA – right around league average for that period.

Dell’s play dipped after that. He signed with the Maple Leafs in 2020 but was claimed by the Devils off waivers before ever playing a game for them. In seven games as New Jersey’s No. 3 option in the shortened 2021 season, he only managed a .857 SV% and 4.14 GAA. From that point forward, he spent most of his time back in the AHL, although he did have brief stints back in the NHL with the Sabres in 2021-22 and a second go-around with the Sharks in 2022-23 as a call-up option. He spent most of 2023-24 on an AHL contract with the Ontario Reign but got an NHL deal from the Kings at the trade deadline to serve as an emergency recall option in the postseason.

Last season, Dell returned to the Sharks organization for a third time on an AHL deal with the Barracuda. He had an .890 SV% and a 3-3-3 record in 10 games for them and a .914 SV% and a 6-6-1 record in 13 games for their ECHL affiliate, the Wichita Thunder.

Dell put a pin in his playing career after recording a .905 SV%, 2.92 GAA, five shutouts, and a 50-50-13 record in 130 NHL appearances. He also had a .912 mark and 11 shutouts with a 70-57-20 record in 155 AHL games in parts of eight seasons.

We at Pro Hockey Rumors congratulate Dell on his career and wish him the best in his post-playing endeavors.

Carey Price Trade Not A Necessity For Canadiens

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Trade attention has once again zoned in on Montreal Canadiens goaltender Carey Price as the league announces changes to the use of long-term injured reserve and salary cap in the postseason. The future Hall-of-Fame goaltender hasn’t played since 2021, after undergoing meniscus surgery to address a severe knee injury. Montreal has kept him on LTIR, and thus received full relief from his $10.5MM cap hit, in each of the three seasons since. That cap hit and LTIR relief could each be beneficial for teams across the league, but Canadiens’ general manager Kent Hughes told Sportsnet’s Eric Engels that he’s in no rush to find a deal. Hughes said:

We don’t have to trade Carey Price… If we can find a trade to move his contract that makes sense for us and makes sense for another team, we’ll pursue it. But we don’t have to.

The Canadiens are currently $5.93MM over the salary cap, per PuckPedia. Placing Price back on LTIR at the start of the season will bring them up to roughly $4.57MM in cap space, more than enough for next season. That cap relief underlines Hughes’ sentiment of not needing a deal, and would likely force Montreal to bring back another long-term injury in any Price trade. They could balance their budget by swapping Price for a player like Logan Couture from the San Jose Sharks, or even by acquiring Shea Weber’s contract from the Chicago Blackhawks. Both teams sit roughly $6MM over the salary cap floor as things stand, and could get a hardier budget by paying up for Price’s contract.

As for what Montreal could expect in return, the list of comparable IR moves has run a bit thin. Montreal used Weber’s contract to acquire NHL winger Evgenii Dadonov from the Vegas Golden Knights in 2022. He’s moved multiple times since – most recently in a trade to Chicago alongside minor-leaguer Aku Raty and the rights to Victor Soderstrom in exchange for a fifth-round draft pick.

In the year prior to Weber’s original move to Vegas, Chicago used Brent Seabrook’s contract to acquire NHL forward Tyler Johnson and a second-round pick. That could be a better structure to hope for – though it’s hard to gauge if the market remains the same four years later, and with the changes to LTIR. With no rush to make a deal, Montreal will have the luxury of sitting back until a strong offer comes through.

Snapshots: Price, Prokhorov, PHR Chat

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The Canadiens are reportedly intent on moving the contract of LTIR-bound goaltender Carey Price as it enters its final season, a feat that becomes astronomically more achievable after they pay out a $5.5MM signing bonus today. Today, Marco D’Amico of RG confirms that the Sharks are the most likely trade partner for Montreal, but that a move would require some maneuvering on San Jose’s behalf since they’re one contract shy of the 50-player limit. Given that, the framework of any deal would involve the Sharks sending a few AHL depth pieces back to the Canadiens to free up some flexibility, while taking on Price’s deal to ensure they stay above the salary cap floor throughout the season. Montreal still has seven open contract slots, per PuckPedia, so it’s a non-issue for them to take some two-way deals on in a Price trade.

More things to keep an eye on throughout the hockey world:

  • Late last month, Islanders 2025 second-rounder Daniil Prokhorov signed a two-year contract with Dynamo Moscow in his native Russia to continue his development. Unlike with other Russian players, though, that won’t necessarily delay his North American arrival until 2027, Stefen Rosner writes for The Elmonters. His deal has a formal out-clause that could allow him to report to the Islanders or their AHL affiliate in Bridgeport if he’s offered an entry-level contract before his KHL obligation ends. The gargantuan 6’6″, 218-lb power winger scored 20 goals in 43 junior games for Dynamo St. Petersburg’s MHL club last year.
  • With preseason looming, PHR’s Josh Erickson will host a holiday edition live chat today at 1pm CT. You can click here to ask a question in advance, join in live when the chat begins, or stick around to read the transcript when it’s finished.

City Council Ratifies Arena Plan; Sharks To Stay In San Jose For Another 25 Years

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  • Earlier this month, the Sharks and the City of San Jose reached a tentative agreement on a plan that would see their arena undergo a seven-year upgrade with the team committing to stay through 2050-51, pending ratification from City Council. Curtis Pashelka of The Mercury News relays that the approval was made official earlier this week, ensuring that the team won’t be going anywhere for a long time.

Poll: Who Is The Early Favorite To Win The 2026 Calder Trophy?

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The hockey world was treated to a true gift by the race for the 2025 Calder Trophy, awarded annually to the NHL’s top rookie. The class lived up to years of expectations, headlined by Montreal Canadiens defenseman Lane Hutson tying Larry Murphy for the most assists by a rookie defender. He took home the Calder ahead of San Jose Sharks top center Macklin Celebrini and Calgary Flames starting goaltender Dustin Wolf – who both managed star-studded and historic performances of their own. The heap of talent left players who could have won the trophy outright in seemingly any other year – options like 26-goal-scorer Matvei Michkov. A rookie class so strong will be impossible to follow up, but the group in 2025-26 seem to have a great chance to come close.

Early predictions will have the Calder Trophy staying put through in 2026. The Canadiens are set to award star rookie Ivan Demidov with his first NHL season, after he led KHL super-club SKA St. Petersburg with in scoring with 49 points in 62 games last season. He was a sheer force at Russia’s top level, showing a pace, strength, and finesse that was unmatched by his competition. Demidov finished the year with five points in six Gagarin Cup Playoff matchups, before scoring four points in his first seven games with Montreal.

Demidov is now set to assume a key role in the Canadiens’ lineup. It’s hard to imagine he won’t play true top-line minutes. He offers the in-tight skill and low-zone grit to perfectly complement spot-shooter Cole Caufield and playmaking, two-way center Nick Suzuki. The stars will be Demidov’s ceiling if he gets a full year to such talented players. He nearly recorded a 20-30-50 season in the KHL – a league often lauded as near-equal to the NHL. That standing could set him up for 60, or even 70, points in his first year with Montreal.

It will be a tight race to catch up to, and overcome, Demidov. A slew of star collegiate players signed their entry-level contracts at the end of the season, and could easily be set for major minutes of their own. Sam Rinzel fills a need for right-shot defense for the Blackhawks and Oliver Moore seemed to bring his slick-passing to Chicago, Gabe Perreault looked like a strong utility player with the New York Rangers, and Ryan Leonard showed an ability to match the Washington Capitals’ pace.

And yet, all four could be outdone by Minnesota Wild defenseman Zeev Buium, who managed an impressive 98 points in 83 games at the University of Denver. He appeared in four Stanley Cup Playoff games, but only managed one assist. Also atop the defense charts is top KHL defender Alexander Nikishin, who ended a stalemate when he finally joined the Carolina Hurricanes for the playoffs. Nikishin ranked second on SKA St. Petersburg with 46 points in 61 games, and matched Buium’s postseason statline.

Even still, the OHL could emerge. Sam Dickinson served as the star of the 2025 Memorial Cup-winning London Knights, and seems well-primed for a big role with the desolate San Jose Sharks. He could be joined by the reigning ’OHL Player of the Year’ Michael Misa, who managed an incredible 62 goals and 134 points in 65 OHL games last season. Misa was drafted second in this year’s class, with New York Islanders defenseman Matthew Schaefer the only selection before him. The smooth-moving, sharp-eyed Schaefer could be another Calder candidate, though he hasn’t played a season-game since sustaining a broken collarbone during the World Junior Championships last December.

It will be hard for any player to rival the record-breaking heights that Hutson reached last season, but the list of candidates looking to follow him up seems endless. Any one of the aforementioned players could find their way into a star role, or the award could go to someone entirely different – like 2025 Hobey Baker Award-winner and Edmonton Oilers winger Isaac Howard.

With so much talent on the board, who do you think will win the 2026 Calder Trophy? If you choose ’Other’, comment your pick below!

Who Is The Early Favorite To Win The 2026 Calder Trophy?
Ivan Demidov, Canadiens 57.40% (477 votes)
Alexander Nikishin, Hurricanes 15.88% (132 votes)
Zeev Buium, Wild 14.68% (122 votes)
Matthew Schaefer, Islanders 12.03% (100 votes)
Total Votes: 831

Mobile users click here to vote.

Sharks And City Of San Jose Have Tentative Agreement To Keep Sharks Around Through 2050-51

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  • The City of San Jose and the Sharks have released a Memorandum of Understanding that could keep the Sharks in town for many more years. Pending ratification from City Council later this month, the deal would see the arena undergo a $425MM renovation over a seven-year span with the city funding $325MM of that and the team $100MM.  In return, the Sharks would agree to extend their stay in San Jose through at least the 2050-51 season.  Their current arena is now more than 30 years old and has yet to undergo a significant renovation.  Notably, it’s mentioned in the document that it is not feasible for the Sharks to stay at the renovated facility for the entire term of that agreement and that both sides will work to find a prospective location for a new arena district.

Marc-Edouard Vlasic Intends To Play This Season, Comments On San Jose Buyout

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With training camps now around a month away, there should start to be an uptick in signings relatively soon as veterans look to find places to play for the upcoming season.  Veteran blueliner Marc-Edouard Vlasic was a late entrant to the free agent market and indicated to Stephane Cadorette of Le Journal de Quebec that he fully intends to play in the NHL in 2025-26.

The 38-year-old was a core piece on San Jose’s back end for the better part of a decade and a half before his role started to diminish significantly in recent years.  Last season, he spent time both on injured reserve and as a healthy scratch, limiting him to just a goal and two assists in 27 games with his average ice time dropping to 14:38, the lowest of his career.

In his prime, Vlasic was one of the top defensive blueliners in the NHL.  In particular, he has been quite adept at blocking shots as he’s the all-time league leader in that regard, per QuantHockey although it should be noted that the statistic has only been tracked for around the last two decades.

Vlasic had one year left on his deal before free agency opened up with the Sharks apparently deciding very last minute to execute the buyout.  The veteran voiced some frustration about how that came about, noting that in the exit interview back in April that they wanted him to continue to provide the veteran leadership they were seeking.  Then, a few days before the end of June, they informed him that they’d be buying out the final year of his deal after 19 seasons.

From the outside, the move could have been reasonably foreseeable given his $7MM AAV and the very limited role he had been filling.  Rather than string along a player who was once a franchise pillar with minimal ice time for yet another year, they opted to pay his $2MM signing bonus plus two-thirds of his $3.5MM salary over the next two seasons to move on.

GM Mike Grier wasted little time filling Vlasic’s spot on the roster.  He brought in Dmitry Orlov in free agency while claiming fellow lefty Nick Leddy off waivers while John Klingberg adds some depth to their group of right-shot options as well.  With what they had planned, there was clearly no room to keep Vlasic around.

As for Vlasic, given how limited his role was last season, it would be surprising to see him land a contract of any significance on the open market as it’s likely teams will envision him as a depth option similar to how he was deployed in San Jose rather than a full-time player.  Several of those players will be signing tryout agreement in the weeks to come and it wouldn’t be shocking to see Vlasic need to go that route as well as he looks to extend his NHL career to a 20th season.

Celebrini Focused On Olympic Team

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  • Though limited in experience and facing stiff competition, San Jose Sharks center Macklin Celebrini is taking steps to make Team Canada’s Olympic roster, reports Max Miller of Sharks Hockey Digest. Named unanimously to the 2024-25 All-Rookie Team, Celebrini was named as one of the 42 invitees (and 26 forwards) to Team Canada’s Olympic Orientation Camp, which is set to run August 26-28. Celebrini, 19, posted 25 goals and 63 points in 70 games during his rookie season, which propelled him to a third-place finish in Calder Trophy voting. Being chosen to represent his country in the Olympics and play alongside stars like Sidney Crosby, Nathan MacKinnon, and Connor McDavid would be a tremendous opportunity for Celebrini’s development, and a welcome sight for the Sharks.

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