The Washington Capitals have re-signed defenseman Mike Green to a three-year, $18.25 million contract. He’ll earn $6 million per season in the first two years, $6.25 million in the final year. The average cap hit will be just over $6.08 million.
SPECTOR’S NOTE: Green had previously rejected a one-year, $5 million offer from the Capitals. Considering his injury history, the Capitals are taking a chance with this raise. If Green can avoid any further serious injuries and return to his stellar offensive form, Capitals GM George McPhee will be praised for this deal. If, however, Green continues to be hampered by injury, McPhee will face the same criticism former Montreal Canadiens GM Pierre Gauthier received for re-signing a banged-up Andrei Markov last summer.