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.
- Leafs captain Phaneuf suspended two games for boarding 6
- Rangers confirm Staal suffered concussion 5
- Winnipeg to get outdoor game; Phoenix wants one 8
- Neal suspended five games for kneeing Marchand in the head 156
- Report: Dion Phaneuf will face hearing for hit on Kevan Miller 101
- Bruins coach admits Thornton crossed the line, slams Pens for not being ‘truthful’ 128
- Lecavalier out 3-4 weeks with non-displaced fracture in back 8
- Islanders players hold closed-door meeting after ninth straight loss 15
- Penguins’ Neal has phone hearing for knee on Bruins’ Marchand 90
- Shawn Thornton confirms hearing with NHL Department of Player Safety (Updated) 88
- Video: Penguins’ Orpik stretchered off ice; Bruins’ Thornton given match penalty (182)
- Neal suspended five games for kneeing Marchand in the head (156)
- Bruins coach admits Thornton crossed the line, slams Pens for not being ‘truthful’ (129)
- Pens put Orpik on IR (128)
- Orpik suffers from concussion, including memory loss (106)