Skip to content

Caps send Mike Green a $5 million qualifying offer

Jun 15, 2012, 8:07 AM EST

Mike Green AP

Mike Green is scheduled to become a restricted free agent after completing his four-year/$21 million contract, but it wasn’t a foregone conclusion that the Washington Capitals would give him a qualifying offer.

Green’s stock has fallen significantly after back-to-back injury-riddled seasons. All the same, the size of a qualifying offer is determined by your previous salary. In Green’s case, that meant the Capitals had to present Green with a $5 million offer in order to retain his rights.

In the end, they opted to give Green a qualifying offer. It wouldn’t be surprising if he simply accepted it and used the one-year contract to prove himself before seeking a long-term deal.

From Washington’s perspective, it certainly helps that they’re projected to have quite a bit of cap flexibility anyways. According to Cap Geek, they currently have $45,032,349 committed to 17 players. In other words, they can afford to add Green at $5 million and still have room to make a significant addition this summer.

They also sent qualifying offers to John Carlson, Jay Beagle, and Mathieu Perreault. Of the three, Carlson’s $826,875 was the richest.

  1. ravenscaps48 - Jun 15, 2012 at 8:39 AM

    I just have a feeling that this is a mistake…

    • stakex - Jun 15, 2012 at 11:58 AM

      Look at the bright side…. he really can’t be worse then he was last year.

  2. caps247 - Jun 15, 2012 at 11:39 AM

    As long as we dump Wideman and Shultz, this wouldn’t be too bad. Maybe.

    • ravenscaps48 - Jun 15, 2012 at 12:12 PM

      I pray to Jeebus that we can those two….. I would trade Jeff Schultz for a 10lb bag of dog s***

  3. watermelon1 - Jun 15, 2012 at 2:22 PM

    Did he suddenly learn how to play defense? Or at least stop faking a slap shot every single time the puck comes to him in the offensive zone?

  4. letangusespertplus - Jun 15, 2012 at 2:26 PM

    this is just to keep the fans happy. this guy is not worth 5 million, but they have green’s gang in the corner of the verizon center. he will bring in revenue in jersey sales and tickets cause caps fans are stupid.

    • ravenscaps48 - Jun 15, 2012 at 4:21 PM

      Green’s Gang is a row with 6 seats in section 117 that gives tickets to the underpriveliged youth in Washington…. Go be a troll somewhere where the other people have the same IQ as you do!

  5. bethgoesglobal - Jun 15, 2012 at 5:33 PM

    Hey, if Mike can return to his form of last fall, signing him to a 1yr-5million contract seems like a great deal for the Caps. Mike Green playing like the Mike of “yester-year” ( i.e pre-injuries) is absolutely worth the money, and with a one-yr deal they have the chance to see if can make a comeback w/out the risk of a multi-year contract bust.
    Hell, I’d take that deal over a long-term Crosby package any day (they may not even insure that guy).

Featured video

More than a Stanley Cup hangover?
Top 10 NHL Player Searches
  1. S. Crosby (3648)
  2. B. Bishop (3445)
  3. D. Krejci (2296)
  4. C. Kunitz (2208)
  5. C. Crawford (2172)
  1. C. Perry (2049)
  2. O. Palat (1968)
  3. B. Elliott (1963)
  4. T. Hall (1622)
  5. J. Schwartz (1585)