Jul 2, 2012, 8:27 PM EDT
The Washington Capitals have plenty of cap space, but the Washington Post is reporting that Capitals GM George McPhee doesn’t want to spend it all on the 2012 unrestricted free agent market.
“It’s a very inflated market this summer. There aren’t very many players and there are a lot of teams pursuing the players,” McPhee said. “At some point you start inventing players, making them out to be better than they are and paying more than you should. It’s sometimes best to sit back and stay out of it.”
That’s certainly a fair point, although some of that inflation is probably due to the cap rising and not just because the market wasn’t particularly impressive to begin with.
Either way, the Capitals have parted ways with Dennis Wideman and they’re expected to watch Alexander Semin walk away. Still, they should re-sign restricted free agent defensemen Mike Green and John Carlson. On top of that, the Capitals acquired Mike Ribeiro from the Dallas Stars on June 22.
- Agent: Subban hasn’t told me to make him NHL’s highest-paid D 23
- 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)