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 202

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