The Colorado Avalanche on Monday traded forward PA Parenteau and a fifth-round pick in the 2015 draft to the Montreal Canadiens in exchange for forward Daniel Briere.

Briere waived his no-move clause in order for the trade to be completed.

"Daniel is a veteran who brings experience to our hockey club," Avalanche executive vice president Joe Sakic said in a statement. "We're looking forward to him joining our team."

Briere, 36, had 13 goals and 25 points in 69 regular-season games and three goals and seven points in 16 playoff games in his only season with the Canadiens.

Briere was the 24th pick in the 1996 draft by the Phoenix Coyotes and has career totals of 299 goals and 684 points in 916 regular-season games for the Coyotes, Buffalo Sabres, Philadelphia Flyers and Canadiens. Briere also has averaged nearly a point per game in the playoffs, with 53 goals and 116 points in 124 games.

Parenteau, 31, had 32 goals and 76 points in 103 games over two seasons in Colorado. He was limited to 55 games last season due to knee injuries and had 14 goals and 33 points.

A ninth-round pick (No. 264) of the Anaheim Ducks in the 2001 draft, Parenteau has 73 goals and 205 points in 291 regular-season games for the Chicago Blackhawks, New York Rangers, New York Islanders and Avalanche. He also had one goal and three points in seven Stanley Cup playoff games for the Avalanche in 2014.