Capitals re-sign Bäckström with five-year deal

By Anthony Caruso III | Publisher

Washington Capitals have re-signed center Nicklas Bäckström to a contract extension on Tuesday. It is a five-year extension.

Bäckström will make $46 million over the lifetime of his contract.

Washington Capitals center Nicklas Bäckström is in action against the Vegas Golden Knights
Nicklas Bäckström is in action against the Vegas Golden Knights (Getty Images)

With this new agreement, Bäckström now has an average salary of $9.2 million. He is now the second-highest-paid player on the team now.

Alex Ovechkin is the team’s highest-paid player with a $10 million base salary.

Bäckström was slated to be a free agent after the 2019-20 season before striking this agreement. He is making $8 million during this season.

According to Spotrac.com, Bäckström will have the highest base salary with this new deal during the 2020-21 season with a $6 million base. He will also receive a $6 million signing bonus for a $12 million salary during the 2020-21 season.

Then, in 2021-22, he will receive a $5 million base salary. He will also receive a $5 million signing bonus for a $10 million salary.

His salary will drop to $6 million in 2022-23. He will receive a $3 million salary and a $3 million signing bonus.

Bäckström will then make $10 million in 2023-24. He will receive a $5 million base salary, along with $5 million in a signing bonus.

The final year of his agreement calls for a $6 million base salary. And an $8 million signing bonus.

This agreement takes up 11.29% of the Capitals cap space, according to NHL Numbers.

The 32-year-old Gävle, Sweden native has spent his entire career with the Capitals. This is his 13th season with the franchise.

This season, he has nine goals and 26 assists for 35 points in 39 games. He also has a – 6 +/- and an 8 PIM.

In his career, he has scored 240 goals in 934 games. He also has 668 assists for 908 points. He also has a 114 +/- and an 456 PIM.

Bäckström has scored 165 goals on even-strength goals. He also has 73 power play goals and two short-handed goals. He has also scored 38 game-winning goals.

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