Capitals Keep $4.375 Million Open for Alex Ovechkin as 929-Goal Star Weighs 22nd Season
Updated
Updated · ESPN · Jul 2
Capitals Keep $4.375 Million Open for Alex Ovechkin as 929-Goal Star Weighs 22nd Season
3 articles · Updated · ESPN · Jul 2
Summary
Washington still has roster room and just over $4.375 million in projected cap space to re-sign Alex Ovechkin, GM Chris Patrick said after the club's offseason spending spree.
Patrick said the Capitals can structure a one-year, 35-plus contract with bonuses to fit Ovechkin, citing Evgeni Malkin's deal as a model with a $5.5 million cap hit and $9 million potential payout.
Ovechkin, 40 and an unrestricted free agent, has not decided on a 22nd season; Patrick said the winger wants to gauge both his health and whether Washington looks like a contender again.
Ovechkin led the Capitals with 32 goals and 64 points last season, and Patrick said the team's upgrades should help shape the 929-goal captain's decision in talks expected soon.