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Trade: Blackhawks get Andrew Shaw back as Canadiens clear cap space

Chicago Blackhawks v Montreal Canadiens

MONTREAL, QC - MARCH 16: Andrew Shaw #65 of the Montreal Canadiens skates against the Chicago Blackhawks in the third period during the NHL game at the Bell Centre on March 16, 2019 in Montreal, Quebec, Canada. The Chicago Blackhawks defeated the Montreal Canadiens 2-0. (Photo by Minas Panagiotakis/Getty Images)

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Chicago Blackhawks general manager Stan Bowman was up to his favorite offseason activity on Sunday afternoon by acquiring another player he previously traded away.

The Blackhawks announced they have acquired forward Andrew Shaw from the Montreal Canadiens in exchange for second-and seventh-round picks in 2020, and a third-round pick in 2021.

The Canadiens are retaining zero salary in the trade, meaning all of Shaw’s $3.9 million salary cap hit over the next three seasons comes off of their books.

That is significant for them as they attempt to be players in free agency (perhaps going after Matt Duchene?) when the signing period begins on Monday. Montreal now has more than $12 million in salary cap space and makes them a contender for any of the top free agents on the market.

The Blackhawks originally traded Shaw to the Canadiens three years ago for two second-round draft picks, one of which was used to select Alex DeBrincat.

In Shaw’s three years with the Canadiens he scored 41 goals and 96 total points in 182 games. That includes a career year this past season when he finished with 19 goals and 47 points in 63 games.

The Canadiens definitely sold high on Shaw this offseason and were able to pick up three more draft picks, giving them 11 selections in the 2020 class.

Ignoring the Blackhawks trend of trying to put the old band back together (in recent years they have re-acquired the likes of Brandon Saad and Patrick Sharp, just to name a few, after previously trading them away in salary cap clearing deals) it is a curious move for them. For one, it eats up a significant portion of their remaining salary cap space and still leaves them with five roster spots to fill and only around $8 million in cap space to do it. It also is a pretty good sign that they intend to compete this season, not only because they are re-acquiring a veteran player but because that is a lot of draft pick assets to give up for a third-line player that may not really move them that much closer to a championship.

The Blackhawks have been extremely active this offseason as they attempt to return to the playoffs after missing in each of the past two years.

Along with the addition of Shaw, they have also traded for defenders Olli Maatta and Calvin de Haan in an effort to improve what was one of the league’s worst defensive teams a year ago.

More Blackhawks Offseason:
Blackhawks defense suddenly looks respectable
Penguins trade Maatta to Blackhawks for Kahun, pick
Blackhawks get de Haan from Hurricanes

Adam Gretz is a writer for Pro Hockey Talk on NBC Sports. Drop him a line at phtblog@nbcsports.com or follow him on Twitter @AGretz.