Alex Ovechkin Signs One-Year, $4.25 Million Deal to Return to Washington Capitals

Alex Ovechkin signed a one-year contract with the Washington Capitals last Thursday carrying an average annual value of $4.25 million. The 40-year-old forward, who turns 41 in September, will return for his 22nd NHL season in 2026-27. Ovechkin is the NHL's all-time leading goal scorer with 929 goals in 1,573 games.

In the 2025-26 season he recorded 32 goals and 32 assists while playing all 82 games. Ovechkin said he entered the offseason unsure about his future after an emotionally difficult year marked by trades and team changes. "Right now, I'm focusing on coming back to D.C.

And showing that I'm still a good player and I can help the team to win," he said. He added that he carries "lots of pressure on my shoulders" but will concentrate on the game rather than retirement plans. " The Capitals acquired winger Alex Tuch in a sign-and-trade with the Buffalo Sabres.

They also signed forwards Boone Jenner and Jonny Brodzinski along with defensemen Justin Holl and Vincent Desharnais. Owner Ted Leonsis described the offseason as "a rebirth" for the franchise and said the current roster is the strongest, fastest and deepest during his 27 years as primary owner.

General manager Chris Patrick said Ovechkin can move up and down the lineup and gives the team added options.

Ovechkin said the additions created depth that excited him. "Now we have to work for the Stanley Cup," he said. Ovechkin texted GM Chris Patrick on July 1 wanting to talk contract; they had a 10-minute call the next morning at 6:45 a.m.

That sealed the deal.