Exploring the Washington Capitals Salary Cap Situation

The text provides a detailed analysis of the Washington Capitals’ salary cap situation for the 2023-24 NHL season, evaluating contracts, player performance, and potential future moves to manage the team’s financials while aiming to remain competitive.

Navigating the salary cap? It’s a big deal for any GM. Teams that get it right stay successful. Those that don’t? Well, they often see big changes in the front office. PHR is diving deep into every NHL team’s cap situation for the 2023-24 season. We’re focusing on the regulars, not the AHL-NHL shuttle players. All the numbers? They’re from CapFriendly.

Washington Capitals

The current cap hit? A whopping $85,054,827. That’s over the $83.5M limit. Let’s talk entry-level contracts. Connor McMichael and Aliaksei Protas are on the list, with Protas eligible for some bonuses. McMichael’s had a rough go, and Protas? He’s doing alright, with a new deal already signed.

Signed through 2023-24, we’ve got a mix. Nicolas Aube-Kubel, Joel Edmundson, and a few others are on that list. Edmundson’s deal includes a bit extra from Montreal. Mantha’s been inconsistent, and Pacioretty? He’s been quiet since his return from surgery.

Aube-Kubel started the season on waivers but has found his place. Malenstyn’s secured a spot on the third line, and Edmundson? Injuries have limited him. Sandin is still seen as part of the future, despite a drop in production.

Looking ahead to 2024-25, there’s a bunch signed on. Backstrom’s return from surgery was a highlight, but he’s struggled this season. Kuznetsov’s had his own challenges, and Oshie’s contract might become a bit heavy in the coming years. Dowd and Sgarbossa? They’ve found their roles, with Dowd potentially seeing a pay rise.

Bear’s looking to bounce back after an injury. Alexeyev’s struggling to find his spot. Lindgren, on the other hand, has made a significant leap from third-string to a strong platoon option. His performance could lead to a big payday.

Through 2025-26, Ovechkin’s contract is a legacy deal as he chases records. Carlson, despite a dip in production, still plays crucial minutes. Jensen and van Riemsdyk? Their contracts might be a bit high considering their current performance. Fehervary’s physical play keeps him valuable, though.

Long-term signings include Kuemper, Protas, Strome, and Wilson. Wilson’s deal set a benchmark, but its length could be risky. Strome’s found stability, and there’s hope Protas will grow into his contract.

No buyouts or retained salary transactions to report. Lindgren’s the best value, while Kuznetsov presents a challenge. Looking ahead, the Capitals might sell to manage bonuses, but they also have wiggle room if they decide to add pieces. The goal? Maintain a balance while keeping an eye on the future. They’re in the middle of the pack for now, but planning for significant additions down the road.

Alex Thompson
Alex Thompson
Alex Thompson is a Senior Writer for HockeyMonitor. With a background in Sports Media, Alex joined the team in 2022. He focuses on providing the latest hockey news, game scores, and fresh NHL trade rumors.

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