DENVER – The Colorado Avalanche Hockey Club announced today that the team has signed goaltender Alexandar Georgiev to a three-year contract through the 2024-25 season. The Avalanche acquired the netminder from the New York Rangers on Thursday in exchange for Colorado’s third-round and fifth-round selections in the 2022 NHL Draft and a third-round pick in the 2023 NHL Draft.

Georgiev, 26, posted a 15-10-2 record this past season, including an 8-1-0 run with two shutouts in his last nine starts of the campaign. He earned his 50th career win on Jan. 8 at Anaheim and finished the season with an .898 save percentage and 2.92 goals-against average.

Signed by the Rangers as an undrafted free agent on July 19, 2017, Georgiev is 58-48-11 with a 2.94 goals-against average, .908 save percentage and eight shutouts in 129 career games, all with the Rangers.

“When he was a starter, he played really well, and he wanted a bigger opportunity, and he’s got that opportunity,” Avalanche Executive Vice President / General Manager Joe Sakic said Thursday night at the NHL Draft in Montreal. “He was looking forward to the challenge. What I like about it, he played in a big market. He was in New York. He can deal with a lot of that stuff. We’re excited for him.”

$3.4M AAV