Tanguay was unavailable on Saturday and will not play tonight in New Jersey. He likely won't be ready to play on Tuesday either.

Tanguay is listed as day-to-day after tweaking his knee on Thursday. P.A Parenteau will slide back into the lineup with Tanguay out.

Tanguay did not practice on Friday because he tweaked his knee on Thursday. Monitor his status during pre-game warmups, if he is unable to go, expect P.A Parenteau to slide back into the lineup. Tanguay has one goal and one assist in three games since returning to the lineup on January 24.

Tanguay has been out since Nov. 2 with knee and hip injuries. He will play on a line with Paul Stastny and Gabe Landeskog, on the right wing. While Tanguay will play against the Panthers, he will get Saturday's game off against Tampa Bay. "We don't want to overdo it right away with Alex," Avs coach Patrick Roy said. "The plan is to have him take (Saturday) off, then come back Tuesday in Dallas. It's good to have him back. We were playing so well when he got hurt. It's nice to have everybody back. This is kind of the lineup we projected, and we have more depth now."

Tanguay has been out since November 2 which caused him to miss 36 games. The Avalanche assigned Brad Malone to Lake Erie (AHL) this afternoon to clear space for Tanguay to be activated. This move had been foreshadowed throughout the month, Tanguay has been skating furiously lately. At 34-years-old, Tanguay is passed his prime years, but can still be a serviceable fantasy asset. He registered nine points (3G / 6A) with a plus-8 rating in 13 games this season. He finished third on the Flames with 27 points (11G / 16A) in 40 games last season, so if you need depth at either wing position take a look at Tanguay (6% owned in Yahoo!)

Tanguay wants to push things even harder now, to hopefully fully recover from the hip problems that developed while rehabbing an earlier knee injury. He has been out since November 2. Obviously, feeling good after some relatively mild skating is not the same as feeling good skating in game-like conditions, but is is positive news for the Avalanche.

If you can afford the roster spot, Tanguay would be worth a stash as he should play a prominent role in the Avs' offensive attack.

Roy wouldn't elaborate on that, but it's clearly going to be a while. Roy said he doesn't know when he'll be back. Tanguay has been out since November 2.

Tanguay left Saturday's game and did not return and will now miss at least two weeks. This is a tough break for the Avs' veteran who has nine points (3G / 6A) in 13 games. Fortunately for Colorado they will be getting Jamie McGinn back just as Tanguay leaves the lineup.