"Price, 38, has not played since April 2022, as a debilitating knee injury has ended his remarkable career, which could culminate in his election to the Hockey Hall of Fame as soon as next year. Price is entering the final year of an eight-year, $84 million deal he signed in July 2017 and carries a $10.5 million cap hit. But he has been on long-term injured reserve each of the last three seasons and will remain on LTIR for the 2025-26 season."
"The Sharks, per PuckPedia, now have a projected cap hit of roughly $86.3 million, and $9.2 million in projected cap space, for the upcoming season with 23 active players and Price and Logan Couture going on LTIR. The Canadiens now have $4.6 million in projected cap space with 23 active players. Price's cap hit should allow the Sharks to stay above this season's salary cap floor of $70.6 million even if they trade any number of their pending unrestricted free agents."
San Jose acquired goalie Carey Price and a 2026 fifth-round pick from Montreal in exchange for defenseman Gannon Laroque. Carey Price has not played since April 2022 due to a debilitating knee injury and will remain on long-term injured reserve for the 2025-26 season. Price is entering the final year of an eight-year, $84 million contract with a $10.5 million cap hit; he received a $5.5 million signing bonus and is owed $2 million in salary likely covered by insurance. The Sharks receive a draft pick and cap-floor support, while the Canadiens gain salary cap space for the upcoming season. The Sharks project roughly $86.3 million in cap hit and $9.2 million in space; the Canadiens project $4.6 million in space. Several Sharks players face upcoming UFA status with notable cap hits.
Read at Chico Enterprise-Record
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