NHL Rumor Mill – September 1, 2025
NHL Rumor Mill – September 1, 2025
Will the Canadiens trade Carey Price’s contract soon? Which teams could they send it to? Find out in the Labor Day edition of the NHL Rumor Mill.
RG.ORG: Marco D’Amico reports sources claim the Montreal Canadiens could trade Carey Price’s contract in the coming days.
Price, 38, has been on LTIR since 2022 as a knee injury ended his career. He’s in the final season of his contract, which carries an average annual value of $10.5 million. However, in actual salary, he’s owed $7.5 million, with $5.5 million paid as a signing bonus on Sept. 1.

Montreal Canadiens goaltender Carey Price (NHL Images).
The Canadiens are over the salary cap by $6 million for this season. They can remain above the cap with Price on LTIR, but they won’t be able to accrue cap space during the season. Trading his contract would give them that flexibility, making it easier to acquire talent if necessary before the March trade deadline.
One source told D’Amico that he has heard Price’s contract has been in play for a while, with speculation that things could shake loose on Sept. 1 or soon afterward.
The Canadiens could attempt to peddle Price’s contract to rebuilding clubs. It would enable one of those teams to remain salary-cap compliant if they ship out veteran players by the trade deadline. With Price now only owed $2 million in actual salary, his contract for this season becomes much more affordable.
Sources claim the San Jose Sharks have been mentioned most as a destination. They’re currently sitting just $5 million over the $70.6 million salary-cap minimum for this season.
SPECTOR’S NOTE: Speculation that the Canadiens could trade Price’s contract to a rebuilding club has been percolating in the rumor mill for weeks. Now that his bonus has been paid, we’ll find out soon enough if there is anything to that conjecture.
The Canadiens might have to bundle a mid-range draft pick, perhaps a third-rounder, as a sweetener. Price has a full no-movement clause, but he’s not going to block a move if it happens.
TVA SPORTS: Jean-Charles Lajoie also speculated that Price’s contract could be moved as early as Sept. 1. He also suggested it could be part of a larger deal.
Lajoie claimed Canadiens general manager Kent Hughes could be inclined to part with draft picks, particularly in the first round, to acquire a natural center.
The Canadiens have been linked to Mason McTavish of the Anaheim Ducks and Jared McCann of the Seattle Kraken. So far, nothing has materialized.
SPECTOR’S NOTE: The main thing for the Canadiens is clearing Price’s cap hit from their books this season. It will give them greater cap flexibility to pursue a second-line center at any point in the season, though the longer they wait, the more cap space they’ll have by the trade deadline.
It would be a significant move by Hughes if he could land McTavish, but a recent report by Eric Stephens of The Athletic indicated the Ducks intend to re-sign the 22-year-old center.
As for McCann, the Kraken reportedly aren’t moving him. Besides, he’s played on the wing for most of his tenure in Seattle.
RDS.CA: Rebuilding clubs like the Sharks, Chicago Blackhawks, and Pittsburgh Penguins could use Price’s contract to ensure they remain cap-compliant if they stage a sell-off before the trade deadline.
For example, the Penguins might be tempted to trade players like Bryan Rust or Rickard Rakell. They could also attempt to trade Kris Letang, Evgeni Malkin and Sidney Crosby, but they would have a say if any of them were to leave Pittsburgh.
SPECTOR’S NOTE: The Blackhawks are over the cap floor by roughly $6.2 million. Trade candidates would include pending unrestricted free agents such as Nick Foligno ($4.5 million), Jason Dickinson ($4.5 million), Ilya Mikheyev ($4.03 million), Connor Murphy ($4.4 million), and Laurent Brossoit ($3.3 million).
The Sharks could shop UFA-eligible players such as Alexander Wennberg ($5 million), Jeff Skinner ($3 million), Nick Leddy ($4 million), John Klingberg ($4 million), Mario Ferraro ($3.25 million), Timothy Liljegren ($3 million), and Alex Nedeljkovic ($2.5 million).
As for the Penguins, they’re above the cap floor by over $12 million. They could also try to move Kevin Hayes ($3.571 million), Anthony Mantha ($2.5 million), Matt Dumba ($3.5 million), and Connor Clifton ($3.333 million).
It’s unlikely Letang, Malkin, and Crosby will hit the trade block, especially as this season is Malkin’s last with the Penguins and possibly the last of his playing career.




