Jul 7, 2010, 12:47 PM EDT
The Capitals continue to take care of their in-house business today by signing defenseman Jeff Schultz to a long-term contract. Tarik El-Bashir spreads the word from Washington.
The Caps have re-signed restricted free agent Jeff Schultz, I’m told, and thus will avoid salary arbitration.
TSN.ca is reporting the deal is worth $11 million over four years for a $2.75 million per season average.
The team is expected to make a formal announcement this afternoon.
Schultz led the NHL in plus/minus last season with a plus-50 rating. The 24-year-old also racked up three goals and 20 assists in 73 games while skating alongside Mike Green.
In other news, Michael Nylander was placed on waivers at noon.
Ah, the curious case of Jeff Schultz and his incredible plus/minus rating. Playing on the same pairing with Mike Green and also, presumably, getting lots of ice time with the Caps first line of Alex Ovechkin, Nick Backstrom and Mike Knuble can lead to a player being on the ice for a lot of goals scored by his own team. Does this actually make Jeff Schultz a great defenseman worth nearly $3 million a year? That’s debatable.
That price tag certainly isn’t a big deal, however, but the length of the deal is what vexes me. After all, Schultz has been a mostly pedestrian defenseman through his NHL career and playing mostly with that offensive flying circus last year did him wonders in just one statistical column. Fortunately for him it’s the one most people focus on when it comes to defensemen. Schultz’s previous three seasons saw him put up plus/minus ratings of +5, +12 and +13. Getting such a big raise and commitment based on one big season is a big statement from the Caps. Whether it’s one that’s held up as a genius example or a bad example of investing in the future remains to be seen.
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- Devils sign Greene to five-year, $25M extension 16
- Subban seeking $8.5 million in arbitration, versus the Habs at $5.25 million 44
- Marchand on Plekanec: ‘I hate him. I can’t stand him’ 55
- Gettin’ paid: Gardiner inks five-year, $20.25M extension with Leafs 15
- Report: Trottier to join Sabres’ coaching staff 21
- Blues sign former eighth overall pick Mueller 31
- Trotz plans to let Johansson, Kuznetsov, and Burakovsky compete for time at center 45
- Eric Staal has surgery to repair ‘core muscle injury’ 6
- After not seeing ‘eye-to-eye’ with Carlyle, Reimer will compete for No. 1 gig 16
- Cashing in: Rangers sign Brassard to five-year, $25 million deal (63)
- Marchand on Plekanec: ‘I hate him. I can’t stand him’ (55)
- Subban seeking $8.5 million in arbitration, versus the Habs at $5.25 million (45)
- Trotz plans to let Johansson, Kuznetsov, and Burakovsky compete for time at center (45)
- Richards: If not for the cap, half the league would want to play for Hawks (36)