Avalanche Trade for, Sign G Semyon Varlamov

MONTREAL- APRIL 19: Semyon Varlamov #40 of the Washington Capitals makes a pad save on the puck in Game Three of the Eastern Conference Quarterfinals during the 2010 NHL Stanley Cup Playoffs against the Montreal Canadiens at the Bell Centre on April 19, 2010 in Montreal, Quebec, Canada. (Photo by Richard Wolowicz/Getty Images)

The Avalanche have shocked the hockey world and passed on signing Tomas Vokoun in favor of trading for G Semyon Varlamov. The trade is for a first round pick in 2012 and a second round pick in either 2012 or 2013. The second round pick is Washington's choice.

Varlamov, 23, put up a very impressive line of 2.24 GAA with a .924 SV% but has struggled with injuries (...yaaayyy...) and some inconsistency. Enormous risk, to say the least.

Varlamov reportedly has signed a two-year, $5.5 million contract.

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