Alex Tanguay, a key member of the Avalanche's 2001 Stanley Cup championship team, is heading back to Colorado.
The Avalanche acquired the 33-year-old left wing on Thursday in a four-player trade with the Calgary Flames.
Colorado received Tanguay and defenseman Cory Sarich in exchange for defenseman Shane O'Brien and right wing David Jones.
"I haven't had my best year yet in the NHL, I really feel that," Tanguay told the Denver Post. "I have a big chip on my shoulder about that, I realize. I feel I can still perform, and I'm so happy to be back in Denver where I have so many great memories."
Tanguay played his first seven NHL seasons with Colorado, 1999-2000 to 2005-06. He had two goals and an assist in the Avalanche's 3-1 win over the New Jersey Devils in Game 7 of the 2001 Stanley Cup finals.
Since leaving the Avalanche, he's had two stints with Calgary, 2006-07 to 2007-08 and the past three seasons. In between, he played one season apiece for the Montreal Canadiens and the Tampa Bay Lightning.
Last season, Tanguay had 11 goals and 16 assists in 40 games, but he posted a career-worst minus-13 plus-minus rating.
His four highest goal-scoring years came in Colorado, topped by a 29-goal season in 2005-06.
Jones, 28, had three goals and six assists in 33 games for the Avalanche last season after scoring at least 20 goals in each of the two previous campaigns. O'Brien, 29, had no goals and four assists in 28 games.
Sarich, 34, produced no goals and two assists in 29 games for the Flames in 2012-13.
"This trade adds needed size up front and grit on the back end while also allowing us to get younger." Flames general manager Jay Feaster said. "We like the fact that Jones plays a north-south game, drives hard to the net, kills penalties and is a right hand shot. O'Brien is a hard guy to play against, knows how to get under the skin of the opposition and stands up for his teammates. We are pleased to add both of these players to our organization."
The trade was the first made by the new Avalanche brass, executive vice president of hockey operations Joe Sakic and coach Patrick Roy.