On July 1, 2001, Blake re-signed with the Avalanche in the off-season to a five-year contract with an optional sixth year. As the Avalanche's top defenceman, Blake recorded his highest total with the Avalanche in recording 56 points in 75 games, third amongst NHL defenceman, in the 2001–02 season, before falling in their defence of the Stanley Cup in the Western Conference finals to the Detroit Red Wings. For his third successive season, Blake was selected to the NHL Second All-Star Team.