The Washington Capitals have re-signed one of their top unrestricted free agents as the team announced that it has inked forward Carl Hagelin to a four-year, $11MM extension. The deal will give him a $2.75MM AAV.
According to TSN’s Pierre LeBrun, the contract is as follows:
2019-20: $2.5MM salary, $1MM signing bonus
2020-21: $2.7MM salary, $2MM signing bonus
2021-22: $2MM salary, $1MM signing bonus
2022-23: $1.8MM salary
“We are pleased to have signed Carl to a new four year contract,” said Washington general manager Brian MacLellan. “Carl is a versatile player who can play on any line and is an excellent penalty killer. He is a proven winner and provides great leadership to our team.” Hagelin came over to Washington at the trade deadline when the team acquired the speedy forward in exchange for a 2019 third-round pick to give the team some added depth for a playoff run. While they were eventually eliminated in the first round of the playoffs to the Carolina Hurricanes, the team was real happy with his production as he scored three goals and 11 points in 20 regular season games and proved to be a good fit in the team’s middle-six as the veteran is a two-time Stanley Cup Champion when he was with the Pittsburgh Penguins. The trade to Washington seemed to renewed the 30-year-old forward as he struggled with Pittsburgh to start the season, then was traded to Los Angeles in November for Tanner Pearson, but did little to impress them. He finished the season with a combined five goals and 19 points between the three teams. However, in Washington, he fared much better and also played a big role on the Capitals’ penalty kill, averaging 2:21 per game on that unit, first on the team.
One issue was whether the Capitals would have the cap space available to sign Hagelin as the team was very tight against the cap. However, after Saturday’s trade that sent defenseman Matt Niskanen to Philadelphia for Radko Gudas, Washington freed up $3.4MM in cap space, which allowed the team to lock up Hagelin. That won’t be it for changes with Washington as the Capitals still must find some money to lock up restricted free agents Jakub Vrana and Andre Burakovsky. It also suggests the team is likely to allow forward Brett Connolly, who is an unrestricted free agent, to walk away.