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Four Reasons Ovi Will Be Back Next Year

With rampant speculation that Alexander Ovechkin may retire, the Capitals have given him reasons to come back for another shot at the Cup.
Apr 11, 2026; Pittsburgh, Pennsylvania, USA;  Washington Capitals left wing Alex Ovechkin (8) celebrates an empty net goal against the Pittsburgh Penguins with right wing Tom Wilson (43) during the third period at PPG Paints Arena. Mandatory Credit: Philip G. Pavely-Imagn Images
Apr 11, 2026; Pittsburgh, Pennsylvania, USA; Washington Capitals left wing Alex Ovechkin (8) celebrates an empty net goal against the Pittsburgh Penguins with right wing Tom Wilson (43) during the third period at PPG Paints Arena. Mandatory Credit: Philip G. Pavely-Imagn Images | Philip G. Pavely-Imagn Images
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Since the Caps beat the Blue Jackets Tuesday, all anyone seems to want to talk about is if that was Alex Ovechkin’s last game. However, it wasn’t. Do I have inside information? No. Am I dreaming and just want Ovi to get a fairytale ending? Perhaps. But I don’t think that the Great Eight will retire after just missing the playoffs with a team that is on the upswing. There are a lot of reasons he should want to come back.

Here are the top four reasons Ovechkin comes back to play of the Caps for the 2026-27 season.

1. The Capitals Have Plenty of Cap Space Next Season

Chris Patrick
Nov 26, 2025; Washington, District of Columbia, USA; General manager Chris Patrick Mandatory Credit: Geoff Burke-Imagn Images | Geoff Burke-Imagn Images

The Capitals are projected to have an estimated $32 million in cap space. After resigning McMichael and Ovi, the Caps would have about $17 million left to fill out their roster. That leaves more than enough to add a right shot defenseman (John Carlson anyone?) and a top six forward, as well as complimentary pieces to get younger and faster, maybe with an inexpensive signing or prospect promotion.

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