The NHL’s all-time leading goal scorer re-signed with the Washington Capitals on a one-year, incentive-laden deal, the team announced on Thursday.
Ovechkin will make a $1 million base salary and earn another $4.75 million if he reaches 10 games played. He will also receive a $3.25 million signing bonus while costing the Capitals $4.25 million against the cap.
The 40-year-old Ovechkin played all 82 games last season, registering 32 goals and 32 assists.
Now sitting at 929 career goals and 1,006 including playoffs, Ovechkin returns to Washington just 10 markers shy of Wayne Gretzky’s record combined mark of 1,016 regular-season and playoff goals.
If Ovechkin surpasses Gretzky’s record, he’ll likely do it in the only jersey he’s ever known as he returns to the Capitals for a 22nd season. The Russian was drafted by the club first overall in 2004 and led it to the Stanley Cup in 2018.
Along the way, Ovechkin has also won the Calder Trophy, nine Rocket Richard Trophies, three Hart Trophies and a Conn Smythe.
Now, the accolades are set to keep piling up.