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Arbitration ruling awards Marcus Johansson one-year, $3.75 million contract

As the business day ended and the weekend began, still no decision had been announced in the arbitration case of Washington Capitals forward Marcus Johansson, his prolonged saga stretching some seven hours past Friday afternoon’s deadline. All the while, both sides waited for the binding ruling, which finally — mercifully — arrived around 8 p.m.: a one-year contract for Johansson, worth $3.75 million.

The value of the new deal falls roughly between the $3 million requested by Washington and the $4.75 million filed by Johansson in the pre-arbitration briefs, which set the parameters argued during Wednesday morning’s hearing in Toronto.