The Washington Capitals have some upgrades they must make this offseason. At the very least, they have to find Nate Schmidt’s replacement and re-sign their RFAs. One thing the Capitals will no longer have to worry about is finding T.J. Oshie’s replacement. That’s because he has signed an eight-year deal worth $46 million. It works out to a $5.75 million annual cap hit.
As always, the incomparable Mike Vogel has the details. $20 million is designated as a signing bonus, which is relevant because it makes it a bit more expensive to buy out. However, $11 million of it is in the first three years, which makes a buy out more plausible after the first trio of seasons.