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Capitals Await Ovechkin’s Decision as Front Office Plans for Both Paths

A return would fit under a roomy cap with clarity preferred before the late‑June draft.

Overview

  • Team leaders said at their year-end availability that Alex Ovechkin will set his own timeline and that they have parallel offseason plans for either outcome.
  • The club said it hopes to know his plans before the June 26–27 NHL Draft, and he would hit unrestricted free agency on July 1 if unsigned.
  • Washington projects about $36.5 million in cap space, enough to offer a one-year deal near his market value and still pursue added scoring.
  • Former teammate T.J. Oshie, recounting a private conversation in Columbus, said he believes Ovechkin will return for a one-year farewell season.
  • Insider Elliotte Friedman reported that strong late-season showings from 19-year-olds Cole Hutson and Ilya Protas have encouraged Ovechkin to consider another year.