The Montreal Canadiens have filled for arbitration with Carey Price. Don’t let any panic or hyperventilation from the internet over this confuse you, it was the smart move and doesn’t mean they’re having difficulty with negotiations.
This is purely a defensive move to ward off the potential for other teams to send an offer sheet Price’s way, largely similar to the same move Nashville pulled last off-season with Shea Weber. A team can file for arbitration only once with a player which will lead to an arbitration hearing for a one year contract if the two sides cannot come to an agreement before hand. It also disallows any other team from submitting an offer sheet during that time.
Carey Price only has two more seasons as an RFA left so its expected he’ll be signing a multi-year deal to take him into UFA years this summer. Therefore it is unlikely Montreal will need arbitration at any future point with Price and they can use their arbitration this season to prevent any other team from interfering with their negotiations with the star netminder.