The deal announced by the Avalanche on Monday will keep Giguere with the team through the 2013-14 season.
The 35-year-old Montreal native appeared in 32 games last season, his first with the Avalanche. He had the lowest goals-against average, 2.27, of any Colorado goaltender since David Aebischer in the 2003-4 season.
I'm just excited about the opportunity. I've been on the ice earlier than usual and in the weight room, pushing around a little more weights than usual. Every day I go into a workout with a smile on my face and ready to go. When you do have a little more responsibility, you want to take your lunch pail and get ready to work.
— Brian Elliott to Jeremy Rutherford of the Post-Dispatch on being the Blues' No. 1 goalie