Blues trade Jake Allen to Canadiens in cost cutting move to retain Alex Pietrangelo

The St. Louis Blues have begun their moves to shed cap space and re-up their captain, Alex Pietrangelo. In a trade that was recently announced, Jake Allen has been sent to the Montreal Canadiens.

Blues clearing cap space for Pietrangelo

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Will Alex Pietrangelo leaves the Blues in Free Agency? (NHLI/Getty Images)

Montreal send over two picks in the 2020 draft in exchange for Jake Allen and their seventh round pick. St. Louis adds a third and an upgraded seventh round selection from the Habs.

The real reason for the move is the shedding of Allen’s salary. St. Louis now has an extra $4.35 million in cap space to play with it, which is still short of being able to retain Alex Pietrangelo. Blues now have $6.4 million available.

The expectation is that Alexander Steen and his $5.75 million hit is next. If they do that, St. Louis will be in much better shape to not only retain Pietrangelo but also RFA, Vince Dunn.

Blues thank Allen

In a press release the Blues thanked Jake Allen for his time with the organization:

“I want to personally thank Jake for his dedication to the St. Louis Blues organization during his entire time as a Blue. He has always been a top-tier professional who has done everything we have asked of him. We wish Jake and his wife Shannon nothing but the best in Montreal.”