16 Oct ovechkin contract details
Keeping Ovechkin was a big part of creating the new culture of the Capitals, and Leonsis believes keeping that talent and nurturing is even more important in the NBA. For now though, Ovechkin and the Caps as a whole can focus on winning another Stanley Cup. Playing in the final season of his rookie contract, in 2007–08, Ovechkin signed a 13-year contract extension worth $124 million with the Capitals on 10 January 2008.The contract, which averages $9.5 million per year, was the richest in NHL history. All parties can focus solely on the second half of the season, with the Capitals leading the Metropolitan Division with 67 points ahead of Thursday’s game against New Jersey. This contract has an AAV of $9,538,462. “Why not?” Backstrom said when asked whether he would recommend negotiating their own deals to other players. As previously mentioned, Ovechkin is in the final year of his 13-year, $124 million contract. Leonsis recalls the former commissioner saying.
Last night, Ovechkin … I’m happy that it’s done.”. Attention now turns in part to Ovechkin’s own contract situation, knowing that Backstrom’s extension will carry him through the 2024-25 season. Gary A. Vasquez/USA TODAY Sports Alex Ovechkin, Washington Capitals (January 2008) Contract details… I’m good. They can talk money later.
When asked jokingly whether Ovechkin would think about hiring Backstrom as his agent, Ovechkin quipped: “No. “I couldn’t imagine that guy being anywhere else. Ovechkin’s 13-year, $124 million contract is set to expire after next season.
Since entering the league in 2010-11, Hall ranks 23rd among NHL players in points (563) and 32nd in goals (218). And I say 'yes, I wish it was 15 years!'
You will regret this decision for the rest of your life!" Ovechkin now can stop his regular checking in on how Backstrom’s contract talks were going. 1 center,” Ovechkin said. Agent fees typically can range from 3 to 5 percent. When this deal was signed, Ovechkin had 130 goals in 2 1/2 seasons. "And so if you're gifted, and you're gonna get paid in the NBA, why go play and be the third wheel?
“And for us you don’t want to move because it became a second home. With Ovechkin and John Carlson, they joined the franchise when they were young, single and still learning the ins and outs of the game. "I said, 'thank you Mr. Commissioner, I appreciate it' and he hung up on me.". Capitals management has offered the team captain a contract with a term of three to five years with an average salary of $9.5-10 million per season. A new deal for Ovechkin is a high priority for a Capitals franchise looking to make another Stanley Cup run with its captain before he retires. Holtby, 30, and Backstrom, 32, were close very early in their Capitals careers and have continued to bond through the years with their growing families. Typically when you think Tom Haberstroh and Ted Leonsis, you'd think they'd talk strictly about the Washington Wizards. “Yeah, I was obviously happy for him, for [his] family, for this organization, for fans,” Ovechkin said. “You got all the statistics on paper, and if you are a person that you are comfortable with yourself and you know where you are at in the game, I think there is no downside to it. It makes you real happy when guys you’ve been around with and that truly deserve the best things get rewarded. At the same time, agents are doing a great job as well. “That’s awesome,” Holtby said. They can maybe push some other buttons that players can’t, but at the same time, it is not going to be that big of a difference.”.
Ovechkin’s 13-year, $124 million contract …
Alex Ovechkin was always going to be eligible for a contract extension on July 13, but current circumstances have created an unprecedented situation. I don't think anybody could have predicted. "Alex Ovechkin would've been the most coveted free agent of all time, right, in the NHL," Leonsis said of why he gave Ovi a monster deal. It doesn't appear Ovechkin's future with the team is in jeopardy, as neither side has shown any intentions of not coming together on a deal. “That makes it easier to, you know, still focus on hockey when you know what everyone else is going through trying to figure out actually how to have responsibilities. He knew his close friend and linemate was too crucial for the franchise to let go, so Backstrom’s five-year, $46 million deal announced Tuesday came as no surprise. The 28-year-old tallied 52 points (16+36) in 65 games with New Jersey and Arizona last season.
They navigated the playoff losses together, never splintering despite the frustrations. Until the playoffs conclude, the team won't be discussing an extension with their franchise player. If Ovechkin wants a long-term deal for big money, the flat cap will make it difficult for the Caps to realistically make that happen. Attention now turns in part to Ovechkin’s own contract situation, knowing that Backstrom’s extension will carry him through the 2024-25 season. … I was just interested in what was happening. “It’s important that he will stay here for a long time and how he said he wanted to make sure he stay here in Washington, and it’s just great. Stern called Leonsis and gave him a piece of his mind on the deal.
PLAYING IN EMPTY ARENA WON'T BE A PROBLEM FOR HOLTBY.
CLICK HERE TO SUBSCRIBE TO THE CAPITALS TALK PODCAST. "Now people say, 'Do you have any regrets on Alex Ovechkin's 13-year deal?' Alex Ovechkin was always going to be eligible for a contract extension on July 13, but current circumstances have created an unprecedented situation. Proud for all of us and for him. The most important news stories of the day, curated by Post editors and delivered every morning. The Capitals will begin Round Robin play Monday and if everything goes well, will play into late September.
And I think for [Backstrom], he knows everybody here, he knows this area, and he grew up here, and basically the same happen with me and with the other players.”. He wants to remain a Capital, and that is only reaffirmed with the re-signing of Backstrom. Happy for him, and he deserves it.”. Leonsis and the Caps had the last laugh, as Ovechkin is one of the greatest goal scorers of all time and has a Stanley Cup win under his belt. I knew what’s going on, and he told me some stuff that’s happening. “I think as a player you want to stay in one spot because your family here, you have lots of friends, you have a very good relationship with the city, with the organization,” Ovechkin said.
"We're waiting until after the playoffs to see how everything pans out here," Capitals general manager Brian MacLellan said, per NHL.com's Tracey Myers.
“I think that was kind of nice that we all kind of went through that at the same time,” Holtby said in September of his bond with Backstrom.
We are now down that road, and no one in Washington is second-guessing any part of this contract.
I stick with myself.” Ovechkin negotiated his 13-year extension without an agent and talked directly with owner Ted Leonsis and former Capitals general manager George McPhee.
Deals like Ovechkin's are now illegal in the NHL due to the reworked collective bargaining agreement, but before that deal was signed, Ovechkin could've signed anywhere after his rookie contract was up. Ovechkin is coming off a historic 13-year, $124 million contract that netted him $9.538 million per season. Ovechkin, 34, said Wednesday that he is in no rush to sign with the organization, and he believes Leonsis and General Manager Brian MacLellan think the same. He’s well deserving.”. Working without an agent, Ovechkin negotiated with Capitals owner Ted Leonsis and former general manager George McPhee. This accounts for 18.96% of Washington’s salary cap. He cannot sign an extension with the Capitals until July 1. The Buffalo Sabres have signed forward Taylor Hall to a one-year contract worth $8 million, the team announced Sunday. Of course, you make things work for a player of Ovechkin's caliber, but the challenges still remain. There's also an issue fo the salary cap. So it’s very exciting.
"If you get a young player and they're a part of building your culture, and the team and the culture really becomes theirs, right, that's the … Leonsis had just signed Alex Ovechkin to a 13-year extension worth $124 million. While they did cover everything bastketball in the District, Leonsis's attention turned to an anecdote about former NBA Commissioner David Stern. Until the playoffs conclude, the team won't be discussing an extension with their franchise player.
It just seems like a timing issue during a year where everything was thrown off completely by a global pandemic. Alex Ovechkin's contract in 2008 was the first $100 million deal in NHL history. Stay connected to the Capitals with the MyTeams app. This echoes Ovechkin's sentiments on the day he became eligible for a new deal, where he said was "not even thinking" about it.
"If you get a young player and they're a part of building your culture, and the team and the culture really becomes theirs, right, that's the key thing," Leonsis said. We're going to wait and assess where we're at at the end of the year and make decisions then.". Just real life stuff.”, Capitals’ T.J. Oshie voted into first NHL All-Star Game, Alex Ovechkin reminisces on 10 years as Capitals’ captain, Alex Ovechkin reaches another milestone in Capitals’ win over Hurricanes. By signing up you agree to our Terms of Use and Privacy Policy, Reporter covering the Washington Capitals. Keeping Ovechkin was a big part of creating the new culture of the Capitals, and Leonsis believes keeping that talent and nurturing is even more important in the NBA. However, he was happy Backstrom re-signed.
RELATED: PLAYING IN EMPTY ARENA WON'T BE A PROBLEM FOR HOLTBY. Holtby, who is on the final year of his five-year, $30.5 million deal, said his situation has not changed and that any contract talks with the Capitals are on hold until after the season. Washington Capitals captain Alex Ovechkin never had a doubt Nicklas Backstrom would re-sign with the organization. "I think it's constantly been changing the whole year. Nicklas Backstrom re-signs with Capitals for five years, $46 million, “I was pretty comfortable because I knew 100 percent that he will sign because he’s our No.
“He’s a top guy in the league, and the organization don’t let him go.
Leonsis noted. "That's the dumbest thing I've ever heard. ".
Alex Ovechkin's 13-year, $124 million contract will end after the 2020-21 season. Ovechkin, 34, has been eligible to sign a contract extension since July 13, 2020 -- three days… Everyone thought after his rookie deal and his first deal when he was gonna be an unrestricted free agent, he'd go play in Montreal, a Toronto, a New York.". Leonsis, owner of the Washington Capitals, had just signed superstar winger Alex Ovechkin to a 13-year, $124 million contract extension, a deal that’s not … Brian MacLellan provided updates on several issues facing the Capitals, including additional details on Ilya Samsonov’s injury, a timeframe for extending Alex Ovechkin’s contract… He’s been our heart and soul here for a lot of years. The Capitals will begin Round Robin play Monday and if everything goes well, will play into late September.
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