Washington Capitals: 3 contract extensions that should happen in 2020
#1 Alex Ovechkin
Number one is the biggest priority. Alex Ovechkin needs to finish his career as a Capital and he’ll need a contract extension at the end of this upcoming season. Talks started between Ovechkin and General Manager Brian MacLellan but those talks are now put on hold until training camp. My prediction is they figure it out before the season.
Ovechkin asking price is likely to be Connor McDavid money per this article from ian Oland of Russian Machine Never Breaks. Ovechkin enters the final year of his 13 year, $124 million dollar contract that he signed in 2008.
A report on Russian sports websites suggested that the Caps offered Ovechkin a contract with an average annual value of $9.5 to $10 million a season. Oland writes that his source said that Ovechkin may seek around $12 million per season.
Ovechkin also apparently lost money during the 2012 lockout which is another factor in him seeking an asking price as steep as that. It is unknown whether it’ll be Ovechkin and his agent or just Ovechkin helping construct the deal on his own. When Nicklas Backstrom’s contract got extended, the process was fully involved by Backstrom. He negotiated it himself.
More. Washington Capitals: Making the case to not re-sign Radko Gudas. light
Those are our three contract extensions that should happen in 2020. Hopefully, the Caps make it happen and extend all three contracts.