T.J. Oshie has pretty clearly expressed his desire to remain in Washington, culminating in his most recent statement this Friday where he stated “I’m a Capital, and I feel that’s where I’ll be.” The difficulty for GM Brian McClellan obviously lies in fitting him under the team’s cap ceiling while affording other free agents, notably including RFA Evgeny Kuznetsov. Looking forward to next season, and barring any major trades, the Capitals will likely need to let go of the clutch Justin Williams in light of his impressive outing these playoffs. He will easily command $3 MM or more, and things are tight enough as is. Assuming the Capitals lose a defenseman in expansion, perhaps Dmitry Orlov, and the seemingly inevitable departure of Kevin Shattenkirk, their D-corps will look very different. Because of these losses, they will be pressed to find room for their shutdown defender Karl Alzner, also impending UFA.
If Oshie prices himself out, Alzner is a fantastic consolation prize. The ideal scenario for the team would be re-signing both, but contracts would absolutely need to be moved out. A realistic possibility the Capitals could consider is moving one of Brooks Orpik or Matt Niskanen. Both were signed in the summer of 2014, and both contracts would be difficult to move. Niskanen is undoubtedly the better hockey player at this juncture, but he also is under contract for another 4 seasons. At 30 years old, this is not too great of a risk, but his pricetag of $5.75 MM may prove too steep for a multitude of teams. He also has a limited No-Trade Clause, which would complicate any possible transaction.
The more preferable scenario would be to unload Orpik, but the 36 year old does not look long for the league, especially in this post-season. Although he is only under contract for 2 more seasons, his $5.5 MM would be quite the expense for many teams. Perhaps Vegas or a relatively young bottom dwelling team (Colorado, Buffalo) would be interested in his veteran savvy, but it would be a difficult sell. Orpik should not be considered a core piece, of the defense moving forward, especially with youngsters Dimitri Orlov and Nate Schmidt proving so valuable. His starts in the defensive zone have steadily declined over the past 6 seasons, and for a supposedly shutdown player, his quality of competition has also taken a nosedive. He contributes nearly nothing offensively for a team that thrives off of its offensive creativity, potting only 18 goals in over 1000 games played, including 0 this past season to go with 14 assists. His hitting ability is well-documented, but for a team that employs Tom Wilson, physicality will not be a problem. Finding a way before expansion to unload his contract would be a godsend, but it will take some maneuvering on the part of management.
Assuming the Capitals don’t move a contract out, they still will be left exposing one or both of Orlov and Schmidt. Up front, it’s obvious that Alex Ovechkin, Nicklas Backstrom, Marcus Johansson, Kuznetsov, Wilson, and two of the Oshie (if re-signed), Andre Burakovsky(RFA), Lars Eller trio will be protected. (Eller himself could be an option in a move for cap relief) On the backend, Niskanen and John Carlson look like locks, and a decision will need to be made regarding the third protected player. The wildcard for Washington is that, considering his strong play in very limited action, backup goaltender Philipp Grubauer could instead be claimed by Vegas.
It’s difficult to foresee where the Capitals go from here, realizing there will be bidding wars for the two players they are likely to want to retain in Oshie and Alzner. Even in a best case scenario, this Capitals team will not have the strength it did in 2016-17.