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Caps send Mike Green a $5 million qualifying offer

Jun 15, 2012, 8:07 AM EDT

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).

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