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Report- Ovechkin Signs

via RDS (translated),

Alexander Ovechkin is in Washington to stay. RDS a appris que le jeune attaquant russe vient de signer une prolongation de contrat de six ans d’une valeur de 54 M$ avec les Capitals. RDS has learned that the young Russian striker recently signed a contract extension of six years with a value of $ 54 million with the Capitals.

Update 3:02pm ET: From On Frozen Blog (*sourced at SovetskySport):

Earlier today, Alexander Ovechkin, accompanied by family and an attorney, walked into the Washington Capitals’ team offices in Arlington, Va., reviewed with counsel terms for a new contract with the club, and agreed to a six-year pact that will pay him $54 million.

Update: 3:18pm ET: TSN is citing the same reports.

update 3:31pm, TSN added to their link…

Contract negotiations between the Capitals and leading scorer Alexander Ovechkin continue a deal has yet to be reached.

added 4:04pm, from the AOL Fanhouse,

But hold one one second: TSN is now reporting that no deal has been reached and that negotiations are continuing. The bottom line: Stay tuned as we finally learn the fate of the player who has scored more goals in the NHL over the last three years than any other.

UPDATE: Kurt Kehl, the team’s Vice President of Communications is denying the story. Stay tuned for updates.

Update 4:25pm From Tarik El-Bashir, Capitals Insider:

I checked with one of my sources late last night at Verizon Center and was told that “the atmosphere is right” for a deal to come together, but he stopped short of confirming that terms had been reached or that a deal was imminent.

Update 5:32pm More from Capitals Insider,

Update:I can confirm that talks are going on right now at the Caps headquarters. But I’ve been told by my sources to refrain from going with the numbers that are out there right now.

added 5:52pm, via the Washington Capitals,

The Washington Capitals will announce a new contract with left wing Alex Ovechkin at an 8:30 p.m. news conference at Verizon Center, immediately following the team’s Meet the Team Party for season-ticket holders.

added 6:59pm, 13 years, $124M!!!

Filed in: NHL Teams, Washington Capitals, | KK Hockey | Permalink
  Tags: alexander+ovechkin, contract

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Paul Kukla founded Kukla’s Korner in 2005 and the site has since become the must-read site on the ‘net for all the latest happenings around the NHL.

From breaking news to in-depth stories around the league, KK Hockey is updated with fresh stories all day long and will bring you the latest news as quickly as possible.

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