SAN JOSE – The San Jose Sharks acquired goalie Carey Price and a 2026 fifth-round pick from the Montreal Canadiens on Friday in exchange for defenseman Gannon Laroque in a win-win for both organizations.

Price, 38, has not played since April 2022, as a debilitating knee injury has all but 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, but he has been on long-term injured reserve each of the last three seasons.

Price received a $5.5 million signing bonus on September 1 and is now owed just $2 million in salary, which insurance likely covers, as he enters the final year of his contract.

The Sharks get a small sweetener in the form of a draft pick for taking on the rest of Price’s contract, and the Canadiens create some salary cap space for the upcoming season.

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