May 17, 2010, 11:00 AM EST
Yesterday, I wondered if the Washington Capitals would extend Nicklas Backstrom to a shorter, Crosby-like deal or lock him up with one of those “lifetime” contracts. It looks like the answer is the lifetime deal; the team announced today that they signed the talented Swede to a 10-year, $67 million contract.
For you non-math majors out there, that means that he’ll net the Capitals a $6.7 million cap hit per year, which is a great value for a player who already hit the 100-point mark.
Later today, I’ll analyze the impact of Backstrom’s contract on the overall salary cap picture for the Washington Capitals. If you want a sneak preview, though, keep in mind that the Caps could be in a really good situation if they make the right moves this summer. So far, so good.
- ‘We did not want to disrespect our fans’: Leafs salute supporters after beating Red Wings 1
- Video: Demers sends Stoll flying with massive open-ice hit 5
- Don Cherry on Leafs not saluting fans: ‘I couldn’t believe these guys would do something like this’ 10
- Report: Dan Hamhuis’ injury is significant, but not season-ending 5
- Been there, done that: Oilers lose five straight for second time this season 10
- Prout drops Lucic: ‘As far as I was concerned we were engaged in a fight’ 81
- Video: Prout drops Lucic with one punch 43
- NHL grants Kings cap relief for Voynov, who’s still suspended indefinitely 31
- Trade: Stars get Demers from Sharks, send Dillon to San Jose 18
- The Leafs didn’t salute their fans last night, so that’s a thing now 78
- Prout drops Lucic: ‘As far as I was concerned we were engaged in a fight’ (81)
- The Leafs didn’t salute their fans last night, so that’s a thing now (78)
- Jack Johnson filed for bankruptcy, parents allegedly took advantage of him (58)
- Wild put Harding on waivers (Updated) (52)
- After Voynov suspension, Lombardi wonders if teams need a ‘cushion’ in case a player is a ‘bank robber, kleptomaniac’ (51)