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Ovechkin Contract Completed

I just watched from outside of an office at Kettler Capitals Iceplex as Alex Ovechkin, Ted Leonsis, Dick Patrick and the Ovechkin family all shook hands, completing a new long-term contract extension for the star winger. Yes, I was standing in the rain.

Anyway, I also just spoke to Ted, who told me he would share the terms of the deal shortly. But he did want to say that previous reports of six years, $9 million per are NOT right.

I'll have more from Verizon Center in about an hour.

By Tarik El-Bashir  |  January 10, 2008; 5:41 PM ET
 
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Comments

Oooooooooooooooh! :D

Posted by: Joe | January 10, 2008 5:47 PM | Report abuse

After a crappy day at work I can honestly say this is the best news I've heard all day!!! Way to go Ted and the rest of the Washington organization for locking Ovie up. We have the two Alex's taken care of, now lets take care of Mr. Green and really turn this team into the powerhouse it has the potential to be!

Posted by: Mitch | January 10, 2008 5:48 PM | Report abuse

The last hurdle in negotiations was Segway insurance.

Posted by: Tom | January 10, 2008 5:50 PM | Report abuse

I'm actually a bit embarrassed with how happy the news that Ovie will be a Cap for the next several years made me...

-d

Posted by: D | January 10, 2008 5:52 PM | Report abuse

Here's hoping for 8 years, $8 mil per.

Posted by: OvechkinFTW! | January 10, 2008 5:54 PM | Report abuse

Me, too, D.

Me, too.

Posted by: DrinkingPartner | January 10, 2008 5:57 PM | Report abuse

YES YES YES YES YES YES YES YES YES YES YES YES YES YES YES YES YES YES YES YES YES YES YES YES YES YES YES YES YES YES YES YES YES YES YES YES YES YES YES YES YES YES YES YES YES YES YES YES YES YES YES YES YES YES YES YES YES YES YES YES YES YES YES YES YES YES YES YES YES YES YES YES YES YES YES YES YES YES YES YES YES YES YES YES YES YES YES YES YES YES YES YES YES YES YES YES YES YES YES YES YES YES YES YES YES YES YES YES YES YES YES YES YES .......what's the word i'm looking for....oh yeah! YES!!!!!!!!!!!!

Posted by: DC FURY | January 10, 2008 5:58 PM | Report abuse

GREAT NEWS!!!!!!!

Posted by: ChiCaps | January 10, 2008 6:00 PM | Report abuse

now we'll finally be free from idiotic trade rumors from brain dead Montreal jurnalists.

Posted by: DC FURY | January 10, 2008 6:01 PM | Report abuse

Sweet!!

Posted by: jak | January 10, 2008 6:04 PM | Report abuse

I knew I shouldnt have got too excited when I heard the first report. Oh well if Tarik says its done, I can believe that.

Posted by: captnclark | January 10, 2008 6:06 PM | Report abuse

FWIW, TSN is still reporting the 6/54 number.

Posted by: old time hockey | January 10, 2008 6:06 PM | Report abuse

Time to finally invest in that new jersey...

Posted by: JB | January 10, 2008 6:07 PM | Report abuse

Next up, Mike Green?

Please?

Posted by: Jordan | January 10, 2008 6:08 PM | Report abuse

Comcast sportsnight show says Caps to hold press conference @ 8:30 tonight

Posted by: PC Caps | January 10, 2008 6:08 PM | Report abuse

Yes!!!! Great News!!! Ted always steps up!

Posted by: Capaholic | January 10, 2008 6:09 PM | Report abuse

You stood outside the window in the rain? There's some journalism for ya.
Do they call you 'the stalker'?

Posted by: : ) | January 10, 2008 6:14 PM | Report abuse

I don't care so much about the money, but it had better not be for LESS than six years. That would make me mad.

Posted by: norske | January 10, 2008 6:15 PM | Report abuse

You stood outside in the rain?! That's commitement.

Excellent news. Now if we could just do something about Mike Green...

Posted by: K | January 10, 2008 6:17 PM | Report abuse

woo hoo! that is the greatest news! now only if the Caps will visit California. thanks Gary Bettman.

Posted by: CapsFanInHollywood | January 10, 2008 6:20 PM | Report abuse

This is the first time I've put this in writing, but I yesterday I heard "10 years". I wasn't sure what to think of it, but I guess we'll see.

Posted by: Jay | January 10, 2008 6:21 PM | Report abuse

Woohoo!!!!!!!!! Thanks, Tarik, it was worth getting wet.

Posted by: fred | January 10, 2008 6:21 PM | Report abuse

Good job, Tarik. Not to be an arse to other media sources - but it reaffirms the trust I have in you. Way to be patient and be right with your info!!!!!!!!

And here's to Ovy staying in DC!!!!!! Screw everyone who said he belonged elsewhere.

One night to celebrate. Then we lock up Greener!!!!!!!!!!!!!

Posted by: Mike | January 10, 2008 6:23 PM | Report abuse

TSN.ca reporting $9.5/10yr contract

Posted by: mike B | January 10, 2008 6:25 PM | Report abuse

Well, Thats good news, however, it would be nice to see the Caps / ownership actually, finally step up and surround him with players who can truly play at his level. Until that happens, I dont see this team doing any better than they have the past couple seasons.

Posted by: DCF | January 10, 2008 6:26 PM | Report abuse

AO the new $100million man per TSN.ca

Posted by: mike B | January 10, 2008 6:27 PM | Report abuse

originally i was thinking 8 million for 8 years... but now i'm hoping 8 million for 10... it could be 10 million per 10 years... i really don't care how much we pay i just want him in DC!!!!

Posted by: capthis! | January 10, 2008 6:27 PM | Report abuse

THANK YOU TED!!!!

I like some other am a bit ashamed at what this news does to me emotionally, but in a good way. YESSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSS

Posted by: Jason F | January 10, 2008 6:30 PM | Report abuse

WHEEEEEEEEE!

Posted by: kevbpgc | January 10, 2008 6:30 PM | Report abuse

it seems the Caps Message boards have overloaded ...I haven't been able to get on there in about 2hours

Posted by: mike B | January 10, 2008 6:31 PM | Report abuse

XM reporting 13 year/$124 mil

wow

Posted by: Anonymous | January 10, 2008 6:34 PM | Report abuse

So much for the nay-sayers who thought mom and dad weren't good negotiators. Hell, I'd get her signed tomorrow as an agent's agent!

And now the question is: How much is left for Greenie?

Posted by: dogdaze | January 10, 2008 6:35 PM | Report abuse

the news gets better and better with each new report...nice to see Ovey a CAP till he's 35years old. Nice job Ted and GMGM

Posted by: mike B | January 10, 2008 6:38 PM | Report abuse

13 years $125 million...... XM Radio just reported that...

Posted by: Chris | January 10, 2008 6:39 PM | Report abuse

Hallelujah!

Posted by: Just make a save | January 10, 2008 6:48 PM | Report abuse

13 years confirmed at the STH party by Ted. He's a Cap for life.

Posted by: Right Winger | January 10, 2008 6:50 PM | Report abuse

Awesome! what a great way to end a total crap day.

1 down 2 to go, i.e. sign Green, and hope Jagr doesnt make his scoring incentives...

Posted by: pch49 | January 10, 2008 7:16 PM | Report abuse

Tarik,
I hope you weren't watching from the bushes in a black jump-suit, with a set of binoculars.

Posted by: livinit | January 10, 2008 7:20 PM | Report abuse

Tarik,
I hope you weren't watching from the bushes in a black jump-suit, with a set of binoculars.

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