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Capitals Sign Rasmus Sandin To Five-Year Extension

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The Capitals have re-signed pending RFA defenseman Rasmus Sandin to a five-year extension, the team announced Wednesday. His contract carries an average annual value and cap hit of $4.6MM, earning him $23MM over the life of the deal. Elliotte Friedman of Sportsnet was the first to report Washington and Sandin were nearing an extension.

Sandin, 23, would have been eligible for salary arbitration if he reached restricted free agency this summer. He’ll be a UFA at the end of his new deal, which expires after the 2028-29 season.

The 2018 first-round pick has logged major minutes for Washington since they acquired him from the Maple Leafs for Erik Gustafsson and a first-round pick before last season’s trade deadline. With Martin Fehérváry missing a significant chunk of the season with injuries, Sandin has often slid into a top-pairing role alongside John Carlson and is averaging a career-high 21:19 per game.

That pairing has struggled defensively, conceding 2.97 expected goals against per 60 minutes, according to MoneyPuck. He’s fared considerably better in slightly less usage alongside Trevor van Riemsdyk, who have a 50.4% expected goals share (and only 2.19 expected goals against per 60 minutes) when paired together.

His production is down slightly from last year’s seven-goal, 35-point campaign, but he still has a respectable 20 points in 52 games and has plenty of room to grow as he enters his mid-20s. Dom Luszczyszyn of The Athletic pegs the deal as an immediate slight overpay but a long-term bargain, with Sandin’s average market value projected at $5.3MM per season over the contract’s duration.

The contract does not include any trade protection, per CapFriendly. $7MM of the $23MM total, approximately 30%, will be paid in signing bonuses.

Washington has their blue line set for next season with only Joel Edmundson on an expiring contract. If he’s not dealt by Friday’s trade deadline, he’s unlikely to be re-signed. Carlson, Fehérváry, van Riemsdyk, Alexander Alexeyev, Ethan Bear, and Nick Jensen are all signed to one-way deals through next season, giving the Caps a full complement of seven defensemen.

However, the signing does leave Washington in a cap crunch that GM Brian MacLellan will need to get creative to navigate. With pay bumps for Aliaksei Protas and Tom Wilson kicking in next season, the Capitals are down to $4.17MM in projected cap space with a roster size of 16, per CapFriendly. That figure accounts for buried center Evgeny Kuznetsov, whose cap hit is reduced slightly to $6.65MM while on assignment to AHL Hershey, remaining in the minors.

Sandin was in the final season of a two-year, $2.8MM deal he signed after holding out for most of the 2022 offseason.

Vegas Golden Knights Acquire Anthony Mantha

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The Vegas Golden Knights have acquired Anthony Mantha from the Washington Capitals in exchange for a 2024 second-round pick and a 2026 fourth-round pick, according to a team announcement. Mantha will be an unrestricted free agent this offseason as he is in the last year of a four-year, $22.8MM contract.

Since being acquired in a deadline deal from the Detroit Red Wings three years ago, Mantha has had an up-and-down tenure with the Capitals. Highlighted primarily by the numerous injuries suffered throughout his career, Mantha has been unable to suit up in a full season since 2017-18.

Because of those injuries, Mantha has been unable to procure any sort of sustained success in Washington, failing to score more than 11 goals in each of his first three seasons with the organization. This disappointing stretch of play from Mantha has led to numerous trade rumors surrounding his exit from Washington over the last few years.

However, Mantha has taken his offensive game back up to his previous expectations, already hitting the 20-goal mark through 56 games this season. Even while averaging just over 14 minutes of ice time each night, Mantha currently sits second on the team in goal-scoring.

By placing captain Mark Stone on LTIR, not only did Vegas have the cap space to acquire Mantha, but they also opened up a sizeable need to add scoring at this year’s deadline. Mantha should be able to fit nicely into the team’s top six in Stone’s absence, allowing the Golden Knights to move Michael Amadio down the lineup.

Hanging on by a thread for third place in the Pacific Division, Vegas has struggled with putting the puck in the net nearly all season. Currently, in all situations, the team is sitting 15th in the league with 3.18 GF/G, a far cry from 3.56 GF/G coming from the Vancouver Canucks and Edmonton Oilers this year. Furthermore, the powerplay has not been a benefit to the team at all, as it currently sits 20th in the league with a 19.50% success rate.

If Mantha continues his current pace with the Golden Knights, he should be able to help the team dramatically in both aspects of the game. As another important note, the Capitals will be retaining 50% of Mantha’s salary, indicating that Vegas may not be done adding to their forward core.

Before this trade, Washington did not have a second-round pick in the upcoming 2024 NHL Draft, using it to acquire Connor Brown from the Ottawa Senators nearly two years ago. Now, they will have six total selections in their cupboard for this year, with another eight ready for the 2025 NHL Draft.

TSN’s Darren Dreger was the first to report that Vegas had acquired Mantha. 

Sportsnet’s Elliotte Friedman was the first to report the return going to Washington. 

Washington Capitals Claim Matthew Phillips Off Waivers

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The Washington Capitals have reclaimed forward Matthew Phillips off waivers from the Pittsburgh Penguins according to Sportsnet’s Elliotte Friedman. After spending 18 days with the Penguins organization, Phillips will return to Washington.

Signing a one-year, $775K contract with the Capitals on July 2nd last summer, Phillips was looking for a fresh start with a new organization. Unable to make his way up the depth chart with the Calgary Flames, Phillips was able to crack Washington’s active roster after an impressive preseason performance.

In his first four games with the Capitals, Phillips got off to a quick start, scoring one goal and three points overall. Unfortunately, in his next 23 games for Washington, Phillips was only been able to muster two assists, leading to his placement on waivers by the team only a few weeks ago.

Only suiting up in three games for Pittsburgh, the Capitals will now have the ability to send Phillips down to their AHL affiliate, the Hershey Bears, without having to place him back on waivers. As they attempt to defend their Calder Cup title, the Bears are well positioned to repeat, sitting in first place across the league in the AHL standings by a margin of 13 points.

Capitals Issue Multiple Injury Updates

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The Capitals had multiple injury updates from Tuesday morning’s practice, per Tarik El-Bashir of Monumental Sports Network. Namely, winger T.J. Oshie skated for the first time since sustaining a non-contact upper-body injury on Feb. 22 against the Lightning. The 37-year-old has missed five games and remains week to week, but signs are pointing toward the 2018 Stanley Cup champ coming off injured reserve before the end of the regular season.

Capitals Reassign Pierrick Dube

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The Capitals have returned winger Pierrick Dube to the AHL’s Hershey Bears, per a team release issued Monday. The 23-year-old’s first NHL call-up ends after three games played over the last two weeks.

An undrafted free agent signed by the Caps last summer, Dubé has exploded to lead the league-dominating Bears with 24 goals in 50 games. GM Brian MacLellan nabbed his services with a two-year, entry-level contract worth $1.9MM.

The right-winger played three straight contests to close out February but was a healthy scratch in Washington’s last two games. The French youngster recorded a +1 rating, 2 PIMs, and three shots on goal, averaging 9:20 per game.

Dubé remains waiver-exempt and can be assigned to Hershey at the Capitals’ discretion. Assigning him to the minors leaves them with an open roster spot and $3.74MM in cap space. He’ll likely remain high on the list of call-up options for the Caps down the stretch run should injuries or trades force them to rely on their AHL depth.

He rejoins a Hershey squad that’s torn through the AHL this year with a 41-10-4 record, sitting in first place in the league. However, they’ve dropped their last two games by a score of 1-0 and could sorely use his offense to get back in the win column.

Capitals’ Evgeny Kuznetsov Clears Waivers, Loaned To AHL

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3/3: Kuznetsov has officially cleared waivers and been loaned to the AHL’s Hershey Bears, per Daily Faceoff’s Frank Seravalli, who shares that Kuznetsov is one of the league’s highest-salaried players of all time.

3/2: Earlier today, Capitals center Evgeny Kuznetsov was cleared to resume practicing with the team and has entered the follow-up phase of the NHL/NHLPA Player Assistance Program, per a league announcement.  However, he won’t be getting that opportunity as Sportsnet’s Elliotte Friedman reports (Twitter link) that Washington has placed the veteran on waivers.

Notably, Kuznetsov has not been cleared to return to game action through the program yet which makes the timing of this placement a little surprising.  The 31-year-old entered the Player Assistance Program last month and hadn’t been counting against Washington’s books since then; that will be changing and his $7.8MM AAV will soon be back on their books.

In his prime, Kuznetsov was a legitimate top-line center and even just two years ago, he was hanging around the point-per-game mark.  However, his production dipped from 78 points to 55 points last season and this year, the drop-off has been even sharper.  Despite seeing his average ice time go up from a year ago, Kuznetsov has been limited to just six goals and 11 assists in 43 games with Washington while logging a little under 19 minutes a night.  Those numbers won’t be going up anytime soon as a result of this placement.

Kuznetsov has one year left on his contract after this one at that $7.8MM price tag so it’s hard to envision a scenario where he gets claimed.  Assuming he clears waivers on Sunday at 1 PM CT, he can be assigned to AHL Hershey, a move that would free up a pro-rated $1.15MM in salary cap space.

Speaking with reporters following the placement including Stephen Whyno of the Associated Press (Twitter link), GM Brian MacLellan indicated that this move is about getting Kuznetsov a fresh start.  With a waiver claim being unlikely, that fresh start will either have to come through a trade or buyout.

Washington could look to move Kuznetsov where they could retain up to 50% of his cap hit and salary, a move that might get them some takers as a low-risk flyer.  If that doesn’t happen, buying Kuznetsov out would cost $3.8MM against the cap next season and $2MM in 2025-26.  With the buyout charge and cost at 50% retention being pretty much the same for 2024-25, it wouldn’t be surprising to see MacLellan push to get something done on the trade front with the buyout being a last resort.  Either way, it looks like Kuznetsov’s time with the Capitals is about to be over.

Photo courtesy of USA Today Sports Images.

Dowd Resumes Skating As He Works His Way Back From UBI

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  • Capitals center Nic Dowd skated today in a non-contact jersey as he works his way back from an upper-body injury, relays NHL.com’s Tom Gulitti (Twitter link). The 33-year-old was injured a little less than two weeks ago and while he won’t play tomorrow against Arizona, he could return sometime next week.  Dowd has eight goals and eight assists in 45 games so far this season while ranking second on the team in faceoffs taken.

Tom Wilson, Nick Jensen, Sonny Milano In Lineup Friday

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  • All three of the Capitals’ questionable players for tonight’s practically do-or-die game against the Flyers will be in the lineup, head coach Spencer Carbery said (via Tom Gulitti of NHL.com). Tom Wilson (personal leave), Nick Jensen (lower body), and Sonny Milano (illness) had all missed recent practices or games. Wilson returns to a top-line role alongside Alex Ovechkin while youngster Hendrix Lapierre gets a chance down the middle between them, while Milano, who’s struggled to stay healthy with 11 points in 27 games this year, occupies a second-line role alongside Max Pacioretty and Dylan Strome. Jensen returns to his normal role, anchoring the team’s second pairing behind John Carlson.

Capitals Sign Zac Funk To Entry-Level Contract

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The Capitals have nabbed one of the top undrafted free agents hitting the market today, signing WHL leading goal-scorer Zac Funk to a three-year, entry-level deal. In a team release, the Capitals confirmed the contract will carry a cap hit of $810K, equivalent to his NHL salary, and $82.5K in the AHL.

Funk, 20, has exploded for 56 goals and 99 points in just 58 games with the Prince George Cougars, sitting third in the league in points behind Kraken prospect Jagger Firkus and Wild prospect and Prince George teammate Riley Heidt. The 6-foot, 209-lb Funk can play both wings and has NHL-ready size.

He’s unlikely to crack Washington’s NHL roster next season, but he will join one of the best minor-league franchises in the world in the AHL’s Hershey Bears. The defending Calder Cup champions are on a roll again in 2023-24, boasting a league-best 41-9-3 record.

Their success stems mainly from more veteran minor-leaguers. Still, they will likely continue to be staffed by top Capitals prospects Ivan Miroshnichenko and Vincent Iorio next season, giving Funk a solid core of young players to grow with.

Funk will be an RFA when his deal expires in 2027. He will require waivers after playing three professional seasons or skating in 80 NHL games, whichever comes first.

Washington Capitals Share Multiple Injury Updates

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Washington Capitals team reporter Tarik El-Bashir with the Monumental Sports Network has shared a string of injury updates following the team’s Thursday morning skate. Per El-Bashir, Nick Jensen and Sonny Milano are expected to return to the lineup, recovering from a lower-body injury and illness respectively. The team also saw progress in Nic Dowd’s return from an upper-body injury and Martin Fehervary’s lower-body injury, though both players are set to remain out – as is veteran T.J. Oshie. Finally, Tom Wilson’s return is still undetermined, as he deals to personal matters. Washington’s next game is on Friday when they’ll host the Philadelphia Flyers.

The Capitals are being forced to stay flexible with their forward group while they grapple with the absences of four different players. This has given Michael Sgarbossa an extended look in the lineup, scoring four points in 11 games as a de facto injury fill-in. It’s the most Sgarbossa has played in the NHL since the 2016-17 season when he appeared in 29 games and scored seven points with the Florida Panthers. Sgarbossa has instead spent much of his career as a top AHL option, totaling 436 points in 574 career games. That includes six seasons and 262 games with the Hershey Bears.

Sonny Milano is also benefiting from an open lineup, likely set to take on a notable role quickly after his return. The 27-year-old winger has played in just 27 games this season, scoring 11 points. He missed nearly two months of action with an upper-body injury sustained in early December and has also lost games to being a healthy scratch at multiple points this season. Milano will battle with Aliaksei Protas and Beck Malenstyn for a role in the team’s top six, if they remain without Oshie on Friday.

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