Capitals Re-sign Holtby and Erskine.

The Washington Capitals today announced the re-signings of goaltender Braden Holtby and defensemen John Erskine.

Capitals re-sign Holtby, Erskine to two-year deals.

Capitals re-sign Holtby, Erskine to two-year deals.

Holtby inked a two-year, $3.7 million contract, worth $1.7 million next season and $2 million in 2014-15, for an average cap hit of $1.85 million. Erskine also signed a two-year deal, worth $1.9 million next season and $2 million in 2014-15, for an average annual cap hit of $1.95 million.

SPECTOR’S NOTE: Good, affordable moves here by Capitals GM George McPhee. Holtby, 23, has considerable promise as a starting goalie, and if he reaches expectations over the next couple of seasons, this deal will be a bargain. If not, at least they’re not on the hook for big money over a long term. Erskine’s spent nearly seven seasons with the Capitals and is a reliable depth defenseman. He would’ve been eligible for UFA status if not re-signed by the Caps. He got a slight raise in his next contract above the $1.5 million per on his current deal.