The Calgary Flames have traded Sean Monahan and a 2025 conditional first-round pick to the Montreal Canadiens in exchange for future considerations, it was announced Thursday.

TSN Hockey Insider Chris Johnston reports the move helps clear cap space for Nazem Kadri, who signed a seven-year, $49 million deal Thursday evening.

Monahan has one season remaining on a seven-year, $44.62 million contract he signed in 2016. His cap hit for the 2022-23 season is $6.375 million.

“On behalf of the entire Flames organization, I sincerely thank Sean for his nine years of selfless dedication and perseverance,” said general manager Brad Treliving in a news release. “Sean was a great Flame, a first class individual who exemplified the definition of respect. Our team and city were fortunate to have him as a player, ambassador and member of our community. We wish Sean and his wife Brittany every success in this new chapter of their lives and once again say thank you.”

Monahan, 27, played 65 games last season, scoring eight goals and adding 15 assists. The Brampton, Ont. native has scored 212 goals and 462 points in 656 career NHL games, all with the Flames. Calgary initially selected Monahan sixth overall in the 2013 NHL Draft.

Monahan underwent right hip surgery in early April, ending the lowest-scoring season of his career early. Monahan has missed 39 games over the past two seasons due to surgeries on both the right and left sides of his hip.

The 31-year-old Kadri, who will turn 32 in October, scored 28 goals and had a career-high 87 points in 71 games with the Colorado Avalanche last season. He was a key contributor in the team's Stanley Cup run, scoring seven goals and adding eight assists in 16 playoff contests.