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Report: Carey Price has waived his no-movement clause ahead of expansion draft

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The move was done in an effort to keep the tandem of Price and Jake Allen intact.

2021 NHL Stanley Cup Final - Game Five Photo by Dave Sandford/NHLI via Getty Images

There was some speculation this season leading up to the Seattle Kraken expansion draft that Carey Price may waive his no-movement clause, either to be an option for the newest NHL franchise, or to use his massive $10.5-million cap hit to shield Jake Allen from eligibility. It seems the latter has happened, and the Kraken will be free to select Price if they want him and his contract.

It’s definitely a gamble for Montreal Canadiens general manager Marc Bergevin, leaving his franchise cornerstone dangling in front of a team looking to get a jumpstart on their competitive window. There will be other goaltenders available, but a Hart Trophy-winner and one of this year’s Stanley Cup finalists is sure to at least lead to a serious discussion in the Kraken front office.

We saw this season how difficult it is to navigate a flat-cap world, and Seattle has a chance to build from scratch with a reduced cap in mind. Their general manager, Ron Francis, said as much today:

Perhaps that mindset will keep them from selecting Price. We won’t know until their 30-player selection list is revealed on July 21.