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Ovechkin Signs One-Year Deal with Capitals

CBS Sports NHL •
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Alex Ovechkin returns to the Washington Capitals for his 22nd season, signing a one-year contract worth $4.25 million. The NHL's all-time leading goal scorer will play through the 2026-27 season, aiming to add to his record 929 goals and pursue a second Stanley Cup.

His deal includes a potential $4.75 million bonus upon playing 10 games, with any remaining cap hit carrying over to the following season. Even at 40, Ovechkin scored 32 goals last season and remains a vital part of the Capitals' power play as the team reshapes its roster.

Drafted first overall in 2004, Ovechkin quickly became a league sensation, winning the Calder Trophy as a rookie. He has since accumulated numerous individual accolades, including multiple Rocket Richard and Hart Trophies, alongside his lone Stanley Cup victory in 2018.

With Washington retooling, Ovechkin's continued presence offers a veteran offensive threat. His ability to still play all 82 games and contribute significantly at his age underscores his enduring impact on the franchise.