Washington Capitals sign Alex Ovechkin to one-year deal for 2026-27 season
The Capitals announced a one-year contract with veteran forward Alex Ovechkin, worth $4.25 million in base salary plus bonuses, for the 2026-27 NHL season.
Washington announced on Tuesday that veteran forward Alex Ovechkin has agreed to a one-year contract for the 2026-27 season. The deal includes a base salary of $4.25 million, a $1 million salary for the season, a $4.75 million bonus triggered after ten games, and a $3.25 million signing bonus, bringing total potential earnings to about $9 million.
"I’m back. Thank you to everyone for giving me & my family the time to make this decision. I’m healthy. I love playing hockey and competing to win. I’m excited to come back & join my teammates so we can fight for a playoff spot and have a chance to win. See you in September, DC!"
The contract marks Ovechkin’s 22nd NHL season and is expected to be his final year as a player. He currently sits within ten goals of Wayne Gretzky’s all-time regular-season goal record. The Capitals also added forwards Alex Tuch, Jordan Kyrou and Boone Jenner during the offseason as part of a broader roster refresh aimed at improving depth and competitiveness.
The team’s management indicated that the additions, together with Ovechkin’s return, are intended to strengthen the squad’s chances of qualifying for the playoffs.