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By Michael Gallagher
Sports Content Coordinator
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The biggest question of the Washington Capitals’ offseason has finally been answered.
After months of speculation about the future of star forward Alex Ovechkin, the team and its fans finally have some clarity.
The Capitals revealed on Thursday morning that Ovechkin was pushing off retirement for at least one more year after the two sides agreed to a new contract.
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“IT'S SO NOT O-VER, BABES‼️ The Washington Capitals have re-signed captain Alex Ovechkin to a one-year contract extension. Ovechkin’s contract will carry an average annual value of $4.25 million,” the Capital announced on X.
With Ovechkin returning for season No. 22, the aggressive offseason moves Washington made this offseason should position the team to make some noise in the playoffs in 2026.
The Capitals traded for 28-year-old Jordan Kyrou, who scored 30 goals in three of his last four seasons and topped 65 or more points in four of the last five, plus forward Alex Tuch, who’s coming off back-to-back 30-goal seasons and totaled 30 or more goals in three of the last four years. They also signed four-time 20-goal center Boone Jenner.
Even at 40, Ovechkin is still one of the top scorers in the NHL.

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The former No. 1 overall pick totaled 32 goals and 64 points last season, ranking in the top 25 of the league’s best goal scorers. It also marked the 20th time in 21 seasons Ovechkin had hit the 30-goal plateau, and it was the 19th time he reached 60 or more points.
He also led the Capitals in goals, points, and shots (244).
Ovechkin recently surpassed Hall of Famer Wayne Gretzky for the most regular-season goals scored in NHL history (929), and he holds multiple NHL records including most career points by a left winger (1,623), most career game-winning goals (140), most career power-play goals (325), most career 30-goal seasons (20), most career 40-goal seasons (14), and most career 50-goal seasons (nine).
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