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Capitals get it right with Nicklas Backstrom extension

One of the biggest storylines entering the season was one year left on the contract of Nicklas Backstrom. It was an alarming sign but many Washington Capitals fans had the faith that a deal will be done. On Tuesday morning, both sides agreed to a five-year extension.

Backstrom’s deal will be worth $46 million which will carry an average annual value (AAV) of $9.2 million. The 32-year old leads the franchise in all-time assists with 668 and is one of two players to record at least 900 points with the Capitals. We all know Alex Ovechkin is the other and the duo recently played their 900th NHL game together.