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Ovechkin Re-Signs $9M Deal, Capitals Target Playoffs

7/3/2026

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Summary

Story summary

Alex Ovechkin re-signed with Washington for 2026-27.
The contract, worth $9 M with a $1 M base, $3.25 M signing and $4.75 M games bonus, sees Alex Ovechkin, 40, start his 22nd season as the longest-tenured player after 32 goals and 64 points in 2025-26.
After missing the playoffs, Washington added Jordan Kyrou, Alex Tuch, Boone Jenner and Vincent Desharnais, giving 1.37 odds from TonyBet to make the 2027 playoffs versus 3.11 to miss.

History

Historical Context

In 2004 the Capitals selected 19-year-old Alex Ovechkin first overall after he debuted with Dynamo Moscow in the Russian Superleague. He helped Washington capture its first Stanley Cup in 2018 and signed a record-setting 13-year, $124 million extension in 2008. At age 40, Ovechkin re-signed for 2026-27 on a $9 million deal, underscoring his longevity and the franchise’s reliance on his historic scoring.

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Story summary

Alex Ovechkin re-signed with Washington for 2026-27.
The contract, worth $9 M with a $1 M base, $3.25 M signing and $4.75 M games bonus, sees Alex Ovechkin, 40, start his 22nd season as the longest-tenured player after 32 goals and 64 points in 2025-26.
After missing the playoffs, Washington added Jordan Kyrou, Alex Tuch, Boone Jenner and Vincent Desharnais, giving 1.37 odds from TonyBet to make the 2027 playoffs versus 3.11 to miss.

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