Avalanche sign notable veteran forward to one-year contract

Shortly before their game Friday against the Los Angeles Kings, the Colorado Avalanche announced they have signed veteran forward Zach Parise to a one-year contract. Frank Seravalli of the DailyFaceoff reports that the one-year contract will be worth a pro-rated $825K for the rest of the season.

Even after seeing the return of Artturi Lehkonen to the lineup, the Avalanche are still without some of their high-level forward depth after Valeri Nichushkin left for the NHLPA Player Assistance Program. In Parise, Colorado will likely not be able to replace the production left by Nichushkin with the 39-year-old fully. Still, it should create a formidable top-nine forward unit upon his return to the organization.

Historically, the story of Parise is known well, being one of the better players in the league for the New Jersey Devils in the late-2000s and early-2010s. Scoring 410 points in 502 games for New Jersey, as well as leading them to the Stanley Cup Final in 2012, Parise famously joined the Minnesota Wild as an unrestricted free agent before the 2012-13 season, signing an identical 13-year, $98M contract as defenseman Ryan Suter.

Much to the dismay of both player and team, some injury-riddled seasons, as well as a dire need for cap space, led the Wild General Manager, Bill Guerin, to buy out the contracts of both Parise and Suter after year nine of the 13-year agreements. It wouldn’t take long for Parise to find a new home, however, Lou Lamoriello would quickly ink him to a one-year contract with the New York Islanders, being the executive that originally drafted Parise into the NHL.

Returning to much better health with the Islanders, over two separate one-year contracts with the organization, Parise would play in all 82 games in both the 2021-22 and 2022-23 NHL seasons. Over the course of those two contracts, Parise became a quality auxiliary scorer for New York, putting up 36 goals and 69 points over 164 games, with 21 of those goals coming last season alone.

Having not played in an NHL game since late April of 2023, it will undoubtedly take some time for Parise to make his return to any NHL contest, especially with the speed at which Colorado plays the game. Nevertheless, as an effective scorer and veteran presence on a recent Stanley Cup Champion team, the marriage between Parise and the Avalanche should prove valuable to both sides.