According to reports, the San Jose Sharks are among the possible trade destinations for Montreal Canadiens’ goalie Cary Price.
Marco D’Amico of RG Media reports that the Canadiens are looking to move the unofficially retired goalie’s contract in “the coming days.”
Price is headed into the final year of his eight-year $84 million deal. Price is an LTIR candidate, like Logan Couture of the Sharks. Price’s final signing bonus of $5.5 million was paid by Montreal on Sunday, giving potential more actual cash flexibility.
“I’ve heard the Canadiens would move Price to line up another trade, It’s simply a question of when.”
With his signing bonus paid, sources expect the Habs to move Carey Price’s contract, freeing cap space for potential in-season trades.
Via @mndamicohttps://t.co/5HK1GvPfiA— RG (@TheRGMedia) August 31, 2025
After making the Stanley Cup Playoffs for the first time since 2021, D’Amico reports the Canadiens are looking for “more roster flexibility.” Moving Price’s hefty contract, albeit on LTIR, would give ownership more actual dollars to an active player with a high cap hit.
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The Sharks aren’t the only trade destination, according to a source who told D’Amico.
“As of the writing of this article, Price is expected to be traded at some point in the week,” D’Amico writes. “Sources have heard the most amount of noise around the San Jose Sharks, who are just $5M over the salary cap floor, with nine unrestricted free agents — five of which are defensemen — that could be prime trade candidates.”
Other potential trade destinations for the former NHL MVP goaltender include the Chicago Blackhawks and Pittsburgh Penguins.
The Sharks have cap space for Price, not contract space
While the Sharks sit just $5 million over the NHL’s salary cap floor, there are more hoops to jump through if they want to acquire Price.
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As it stands, the Sharks have 49 active contracts signed. Top prospects Sam Dickinson and Leo Sahlin Wallenius are contract slide eligible due to their age.
Another top prospect, Michael Misa, remains unsigned at the time of writing this article. The same problem of total contracts signed surrounds the Sharks when Misa signs his ELC. If the Sharks want to stay under the 50-contract threshold, the three prospects above all would need to play either in Europe (Wallenius) or have fewer than 10 NHL games (all three).
Depending on whether Misa and or Dickinson make the NHL club out of camp and Price’s contract is acquired, both would need to be sent back to the OHL following their ninth game played to stay under the 50 contract maximum.
Misa has arrived in the San Jose area in preparation for Sharks training camp. A source told SHD that Sam Dickinson is expected to arrive in SJ on Monday (9/1).
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If the Sharks acquire Price’s contract, not only will GM Mike Grier want something in return from the Montreal Canadiens, but he will also likely want to move a contract out to maintain roster flexibility on his end.
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