Forums/NHL Signings

Washington Capitals signed Alex Ovechkin (5 Years / $9,500,000 AAV)

Was this a good signing?
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Jul 27 at 1:10
#1
Alex Ovechkin has signed a new contract with the Washington Capitals.
35+ CONTRACT (EXTENSION)
Comparable ContractsCOMPARE THIS CONTRACT
LENGTH: 5 YEARS
EXPIRY STATUS: UFA
SIGNING TEAM: Washington CapitalsWashington Capitals
VALUE: $47,500,000
C.H.% : 11.66
SIGNING DATE: July 27, 2021
SOURCE: CapFriendly
SEASONCLAUSECAP HIT AAV P. BONUSES S. BONUSES BASE SALARY TOTAL SALARY MINORS SALARY
2021-22M-NTC, NMC$9,500,000$9,500,000$0$4,000,000$1,000,000$5,000,000$5,000,000
2022-23M-NTC, NMC$9,500,000$9,500,000$0$9,000,000$1,000,000$10,000,000$10,000,000
2023-24M-NTC, NMC$9,500,000$9,500,000$0$11,500,000$1,000,000$12,500,000$12,500,000
2024-25M-NTC, NMC$9,500,000$9,500,000$0$6,000,000$5,000,000$11,000,000$11,000,000
2025-26M-NTC, NMC$9,500,000$9,500,000$0$4,000,000$5,000,000$9,000,000$9,000,000
TOTAL$47,500,000$47,500,000$0$34,500,000$13,000,000$47,500,000$47,500,000
CLAUSE DETAILS: 10 team no trade list
CLAUSE SOURCE: CapFriendly
Jul 27 at 1:10
#2
Joined: Jun 2017
Posts: 188
Likes: 450
He'll need to average 33 goals over those five seasons to beat Gretzky's record.
AndrewLadd, leeham, Devil1122 and 22 others liked this.
Jul 27 at 1:10
#3
Cregg Button is dumb
Joined: Mar 2019
Posts: 9,123
Likes: 7,721
That is a lot of years
Cyloo, rangersandislesfan, Boubou79 and 14 others liked this.
Jul 27 at 1:11
#4
Lets go bolts!
Joined: Feb 2017
Posts: 728
Likes: 258
He's playing for the record not the cup.
IconicHawk, leafsFan1996, rangersandislesfan and 13 others liked this.
Jul 27 at 1:11
#5
Josh
Joined: Jun 2020
Posts: 330
Likes: 157
Honestly I'm mixed about this... it's both bad and good.
rangersandislesfan, Boubou79, Missouri and 5 others liked this.
Jul 27 at 1:11
#6
Joined: Feb 2019
Posts: 10,332
Likes: 8,295
He can still put the puck in the net like no one else, but all the other things he stopped doing lowers his on-ice value overall. Poor contract but that was to be expected.
Boubou79, Missouri, Remus and 7 others liked this.
Jul 27 at 1:12
#7
Atleast SJ isnt BUF
Joined: Sep 2019
Posts: 6,062
Likes: 5,571
The Great 8 is feasting - not a good contract but understandable
Boubou79, Missouri, KubaH and 3 others liked this.
Jul 27 at 1:12
#8
Jinx lord
Joined: Sep 2019
Posts: 6,060
Likes: 5,875
Imagine how many beers he can buy with this money.
KubaH, capfriendlyaccount, TheFlamesFanatic25 and 3 others liked this.
Jul 27 at 1:12
#9
best poster
Joined: Jul 2019
Posts: 6,116
Likes: 5,549
I don't think Washington really cares if this is a bad signing or not. He's their franchise.
EsoYeezus69, leeham, Willwin9 and 23 others liked this.
Jul 27 at 1:13
#10
Joined: Jul 2019
Posts: 357
Likes: 258
Might be a bit too much term, but it'll be completely worth it if he breaks the all-time goal record in that time, and it means even more if he does it in a caps jersey.
Boubou79, Kylonetic8, Roux and 3 others liked this.
Jul 27 at 1:13
#11
Joined: May 2016
Posts: 151
Likes: 142
The only people who think this is a good contract are delusional Capital fans
grodziQ, SoFlaSooner, CEO and 2 others liked this.
Jul 27 at 1:13
#12
Patient Sharks Fan
Joined: Jul 2021
Posts: 926
Likes: 518
this is one of the best scorers in NHL history. It isn't great but it makes sense.
Boubou79, Kylonetic8, capfriendlyaccount and 2 others liked this.
Jul 27 at 1:14
#13
Joined: Jul 2021
Posts: 31
Likes: 2
It would be impossible to sign him to a good contract with waht he was asking for.
SoFlaSooner liked this.
Jul 27 at 1:15
#14
Jack Hughes is Elite
Joined: Nov 2017
Posts: 14,679
Likes: 10,058
Hopefully he can break Gretzky's record
DogDayCaps2, NARC311, Tarlam01 and 7 others liked this.
Jul 27 at 1:15
#15
down bad
Joined: May 2021
Posts: 1,201
Likes: 496
TBH this is better than i thought it would be so.... im happy
NARC311, Kylonetic8, TheFlamesFanatic25 and 2 others liked this.
Jul 27 at 1:16
#16
Joined: Jun 2021
Posts: 20
Likes: 9
Gretzky in shambles rn
NARC311 and CEO liked this.
Jul 27 at 1:17
#17
Joined: Nov 2017
Posts: 333
Likes: 150
Looking at the contract alone without considering the significance of the player, the term is a year or two long but I mean come on, it's Ovi, how could you not like that contract as a Caps fan
NARC311, RawDeal, Kylonetic8 and 1 other person liked this.
Jul 27 at 1:17
#18
AKA Pezzetta23
Joined: Jun 2017
Posts: 12,092
Likes: 8,956
Hell yeah! Longer the term, the longer it’s likely for Ovi to stay in the NHL.
Jul 27 at 1:18
#19
Black Lives Matter
Joined: Mar 2017
Posts: 29,577
Likes: 4,318
Wow
Jul 27 at 1:19
#20
Joined: Nov 2017
Posts: 333
Likes: 150
Quoting: GeraltofRivia
The only people who think this is a good contract are delusional Capital fans


You think Ovi's contract really matters that much to us though? Yeah it's not great, but he keeps his current cap hit and I could care less tbh if it's good or not, he's staying
NARC311, lilfimpen, Kylonetic8 and 4 others liked this.
Jul 27 at 1:20
#21
Drank the Seider
Joined: Jul 2021
Posts: 567
Likes: 454
Looks like Ovi is dead set on that goals record, only injury can stop him now! The contract is quite rich for a player that’ll be 40 by the time it ends, so hopefully Ovechkin hasn’t lost his anti-aging serum or this could look bad in the last couple years.
TheFlamesFanatic25 liked this.
Jul 27 at 1:20
#22
Joined: Aug 2016
Posts: 1,014
Likes: 268
Quoting: theBeer_Leaguer
You think Ovi's contract really matters that much to us though? Yeah it's not great, but he keeps his current cap hit and I could care less tbh if it's good or not, he's staying


The fact that he's staying and the value he's brought to this franchise over the years automatically makes it a good signing.
theBeer_Leaguer, Kylonetic8, TheFlamesFanatic25 and 1 other person liked this.
Jul 27 at 1:20
#23
a Jerk
Joined: Feb 2018
Posts: 585
Likes: 142
imagine thinking he will break Gretzky's record for real looooool
Jul 27 at 1:21
#24
Joined: Mar 2018
Posts: 8,699
Likes: 2,499
It's honestly a no brainer to finish his career in Washington so 5-year deal fine give him the chance to beat Gretzky's record, but 9.5 Million? I'm not so sure i'd give that to him for the next 5 years he's already 35. Who knows It might be a good deal for them.
TheFlamesFanatic25 liked this.
Jul 27 at 1:21
#25
Joined: Aug 2016
Posts: 1,014
Likes: 268
Quoting: grodziQ
said Caps homer looool of course only Caps fans think this is a good contract


The value he's brought to this team far outweighs what he's been paid and will be paid. It's basic economics, kid.
 
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