May 17, 2010, 11:00 AM EDT
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.
- Duchene slams Russian players for storming off after Canada’s 2015 WHC win 0
- DeBoer predicts ‘big bounce-back’ in San Jose 8
- Sabres name Bylsma head coach 38
- Lundqvist on Game 7: ‘You’re definitely nervous, but it comes down to teamwork’ 16
- Report: Bylsma to Sabres being held up by compensation issue 56
- Stanley Cup Final to begin June 3 7
- Caps’ Backstrom undergoes arthroscopic hip surgery 5
- Report: Sens’ Murray to retire after next season 0
- Of course: ‘Hawks, Ducks’ back-and-forth series is going to Game 7 49
- WATCH LIVE: Ducks at Blackhawks, Western Conference Final Game 6 1
- Kesler on wearing down Chicago: ‘No human can withstand that many hits’ (75)
- From healthy scratch to hero: Vermette scores OT winner for Blackhawks (66)
- Report: Bylsma to Sabres being held up by compensation issue (56)
- On Kreider, and trying ‘to turn the other cheek’ (54)
- Fetisov wants to restrict young Russians from playing in the NHL (53)