Washington Capitals: Top 5 worst contracts in team history

#3 Jeff Schultz

Everyone talks about the first round selection of Alex Ovechkin in the 2004 NHL Draft but there was another pick the Washington Capitals sleeted in the first round at 27th overall. That player was Jeff Schultz.

Schultz made his debut as a 20 year old in the 2006-07 season where he recorded three assists. The next year he had five goals and 13 assists for 18 points. In 2008-09, Schultz recorded 12 points with a goal and 11 assists. The next year he had three goals and 20 assists for 23 posts including a career high plus minus of +50.

In 2010-11 he had one goal and nine assists for 10 points and was even worse the next two seasons. He had one goal and five assists for six points in 2011-12 and just three assists in the lockout shortened 2013 season. Schultz was bought out after the season.

Schultz had just one year remaining on his contract that he signed three summers prior to that buyout. It was worth four years and $11 million. In 2011-12, Schultz appeared in just 54 games. In 2013 he was in just 26 and earlier that season rumors had it that he wanted to be traded. Some fans wanted him gone as well.

Schultz would end up signing with the Los Angeles Kings and although he played just 10 regular season games over the next three seasons, he appeared in seven games during the team’s run to the Stanley Cup in 2014 and his name is on the Cup.