TRADE AND FREE AGENT ACQUISITION
Colorado Avalanche sign G Semyon Varlamov to a three-year, $8.5 million deal ($2,833,333 cap hit)
Colorado Avalanche sign G Jean-Sebastien Giguere to a two-year, $2.5 million deal ($1.25M cap hit)
In one day, the Avalanche went from having two goalies hitting the market to having their potential top two goalies for the next two years locked up.
The first step was trading for the rights to Semyon Varlamov. It was a steep price as the Avalanche gave up their first-round selection in 2012 as well as a conditional second-round pick, also in 2012 .
The work was not done yet as the Avalanche still had to sign the Russian goaltender, who was next to ready to play in the KHL. The Avalanche got the deal done on July 1, and soon after, they got another goaltender.
Jean-Sebastien Giguere is the perfect compliment to a young goalie. He has the experience, a Cup ring, a Conn Smythe Trophy and when healthy, he can take the net and be a solid backup.
Both of these moves were positive for a Colorado team that has not had great consistent goaltending since Patrick Roy retired a number of years back.
If Varlamov plays the way Colorado is looking for him to, the price paid to get his rights will be long forgotten.