SAN JOSE, Calif. (AP) — Carey Price’s contract was traded Friday from the Montreal Canadiens to the San Jose Sharks, a move made for salary cap reasons with the goaltender's stellar playing career long over because of a chronic knee injury .

Price, now 38, has not played since 2022, when he got into five games at the end of the season. He still had one year left on his contract at a cap hit of $10.5 million, though the actual money owed is significantly less.

The trade allows the Sharks to be over the cap floor of $70.6 million for the upcoming NHL season and gives Montreal some more flexibility with the upper limit increasing to $95.5 million. They got a 2026 fifth-round pick from the Canadiens and sent them minor-league defenseman Gannon Laroque.

Price backstopped the Habs to the

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