The Colorado Avalanche has made another significant shakeup to its goaltending depth chart. Colorado traded starting goaltender Alexandar Georgiev, forward Nikolai Kovalenko, a 2026 second-round pick and a 2025 fifth-rounder Monday to the San Jose Sharks for goalie MacKenzie Blackwood,

Colorado will retain 14% of Georgiev’s contract, which equates to approximately $476,000. He is in the last season of a three-year, $10.2 million deal.

General Manager Mike Grier announced today that the club has acquired goaltender Alexandar Georgiev, Nikolai Kovalenko, Colorado’s 2026 second-round selection, and a conditional fifth-round draft selection in 2025 in exchange for goaltender Mackenzie Blackwood,