The Capitals were a surprise omission from this year’s playoffs after an impressive regular season and a playoff appearance a year ago. The disappointing result wasn’t the biggest news out of D.C., though. Superstar captain Alex Ovechkin has been non-committal about his future, while also implying he hasn’t played his last game.
Ovechkin’s possible departure from the game poses an interesting conundrum for the Capitals after they successfully navigated a retool to remain competitive during the final years of Ovechkin’s NHL career. Washington might need to prepare to welcome him back next season, but they might also need to prepare for life without the face of their franchise.
Even if Ovechkin were to return for his age-41 season, he’s not a long-term fixture on the team and not someone they should really count on to log massive minutes, regardless of whether he’s there. So, what are their options?
The first thing that could happen is that Ovechkin does, in fact, hang up his skates. This would mark the end of an era, creating a massive void both on the ice and in the dressing room.
There would be a leadership void in the Capitals’ room, an identity shift, and a need to rethink their power-play structure, which runs through Ovechkin. In fact, almost everything in the organization runs through him, or has been done with him in mind. That includes the recent retool Washington went through, rather than attempting a full teardown while he was still on the roster.
For those thinking the Capitals will embark on a rebuild without Ovechkin, that doesn’t appear to be the case, given what Washington has done over the past few years. The team is committed long-term to Pierre-Luc Dubois, Matt Roy, Jakob Chychrun, Logan Thompson, and Tom Wilson, and isn’t likely to blow up the roster anytime soon, especially given that they have the 11th-ranked prospect pool in the NHL (as per Scott Wheeler of The Athletic).
There is simply no need for the Capitals to tear the roster down, but how they proceed with the rest of their roster could depend heavily on whether Ovechkin is in the mix.
In any event, Washington needs to add to their offense next season and appears inclined to do so. Pierre LeBrun of The Athletic spoke with Capitals general manager Chris Patrick last week, and they discussed Patrick’s attempts to sign Nikolaj Ehlers last summer prior to him joining the Hurricanes, as well as the team’s pursuit of Artemi Panarin at the trade deadline.
Neither of those attempts bore fruit, but it does indicate that the Caps know they need more scoring, with or without Ovechkin. One thing that will become clear is that Washington can’t run the offense through Ovechkin anymore, and he will need to fill more of a depth-scoring role than an offensive focal point, even as he comes off a team-leading 32-goal, 64-point season.
Realistically, the best thing for the Capitals would be to have Ovechkin return for one more season, while adding secondary scoring options. That would allow the team to transition slowly away from Ovechkin while onboarding additional players who don’t have to be the guy right away.
Just who those players could be is up in the air, but the Capitals do have significant assets in the draft pick catalog and their farm system who could be moved in a trade, which will likely be the path to acquiring a player unless they want to overpay for an Alex Tuch-type player in free agency.
The Capitals could get aggressive there, as they have $36.5MM in cap space with 17 players signed. Even if they extended Ovechkin for one year at market value ($9.068MM, according to AFP Analytics), Washington would still have $27.5MM available to sign five players.
The scenario where Ovechkin returns for another season could be special if the Capitals make strong moves in the summer. It would allow Ovechkin to control his exit, give the team the aforementioned transition year, and, if the team has better depth, they could use Ovechkin situationally to maximize his contributions.
Some folks might say it delays necessary changes or leaves the team stuck in the middle between eras, but given the state of Washington’s depth, that line of thinking seems silly. Ovechkin can still play and lead the Capitals’ younger players into the next era without being a distraction or dominating their development.
Washington was in a gray area this season, but long-term, with their prospect pool and available cap space, they have a chance to move into contender status with or without Ovechkin. It will just take some foresight and some luck to accomplish it.
One thing Ovechkin’s possible departure will force in Washington is some focus on the future. Whether or not he returns next season, his career is almost done, and Washington knows that now.
They don’t have to reset their timeline entirely, but they do need to be realistic about where they’re going when Ovechkin eventually goes. However things play out, the Capitals are approaching a summer that will define the franchise’s next decade.
It’s much more complicated than it has been in the past, because the mission has been simple for two decades: build around Ovechkin. But now the mission has become one of building after Ovechkin.