Avalanche Trade Alexandar Georgiev To Sharks For Mackenzie Blackwood

The Colorado Avalanche traded goaltender Alexandar Georgiev, forward Nikolai Kovalenko, a 2026 second-round pick, and a fifth-rounder in 2025 to the San Jose Sharks for goalie Mackenzie Blackwood, forward Givani Smith, and a 2027 fifth-round pick.

San Jose Sharks trade goaltender Mackenzie Blackwood to the Colorado Avalanche (NHL Images).

SPECTOR’S NOTE: The Avalanche agreed to retain 14 percent of Georgiev’s $3.4 million cap hit. He’s in the final season of a three-year contract.

This is the second trade the Avalanche have made in just over a week involving goaltenders. On Nov. 30, they shipped Justus Annunen to the Nashville Predators for Scott Wedgewood.

Georgiev’s inconsistency prompted this move. His .872 save percentage and 3.38 goals-against average were among the worst for goalies with at least 15 games played this season. The Avalanche are clinging to a wild-card berth in the Western Conference and need a more reliable starter between the pipes. Rumors had linked them to Blackwood since last season.

Blackwood resurrected his career with the rebuilding Sharks after several injury-shortened seasons with the New Jersey Devils. The 28-year-old netminder has a 3.00 goals-against average and a .911 save percentage this season. He’s in the final season of a two-year deal with an AAV of $2.35 million.