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Source: Nicklas Backstrom re-signs with Caps (updated)

The Caps are expected to announce tomorrow morning that they have re-signed Nicklas Backstrom to a long-term extension, according to a source with knowledge of the situation.

I'm still working to get the particulars of the deal -- team officials are not answering their phones -- but Backstrom's salary is expected to be in the high $6 million per year range, I'm told.

Earlier this afternoon, the Caps sent out the following press release: The Washington Capitals will make a significant player-related announcement on Monday, May 17, at 10:30 a.m. at Kettler Capitals Iceplex.

Backstrom is in town and expected to attend the news conference, the source said.

Update:Espn's Pierre LeBrun is also reporting that the Caps are set to re-sign Backstrom to an extension.

The Washington Capitals are set to announce a contract extension for star center Nicklas Backstrom, a source close to the situation told ESPN.com.
Backstrom, slated to become a restricted free agent July 1, had a career-high 101 points (33-68) and a plus-37 rating in 82 regular-season games this season, his third in the NHL.

For LeBrun's item click here.

By Tarik El-Bashir  |  May 16, 2010; 4:02 PM ET
 
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Next: Caps to announce Nicklas Backstrom extension today

Comments

FIRST to congratulate Nicky on a well-deserved extension.

Posted by: cali_snowboarder | May 16, 2010 4:06 PM | Report abuse

Perfect, not too much $.

Posted by: MFepelst | May 16, 2010 4:10 PM | Report abuse

I hope they have come to a deal. And if it's in the high $6M or low $7M range, that would be awesome. I'm hoping long-term deal - with him and Ovie, we'll be set on the 1st line for a long time.

Posted by: timmyv38 | May 16, 2010 4:13 PM | Report abuse

Wow, under $7MM?? That's a steal. If true, I'm guessing he got a lot of years.

Posted by: ThisGuy | May 16, 2010 4:33 PM | Report abuse

The only silver lining to the playoffs: it cost Backstrom some serious coin.

Posted by: ccCapsfan | May 16, 2010 4:34 PM | Report abuse

wow Canada loses again, this time to a backstromless, sedinless, lundquistless Sweden, also reading that Russia apperently has not lost a WC game in 3 years, makes you wonder what happened @ the olympics.

Posted by: OVIwankanOVI | May 16, 2010 4:38 PM | Report abuse

Laich was only one to dent the twine for Canada.

Great news for Backstrom's deal to be done, hopefully it'll average out so Caps will still have flexibility in the Cap to upgrade with the money coming off July 1st.

Posted by: BBDwrestling | May 16, 2010 4:46 PM | Report abuse

Big weight off my shoulders! Congrats to Backstrom! Well deserved...Backie and Ovie are a dangerous combo.

Posted by: capscoach | May 16, 2010 4:50 PM | Report abuse

Nice. Now try and move Semin. Preferably for either Jack Johnson or Ryan Suter.

Posted by: underpants2 | May 16, 2010 4:50 PM | Report abuse

For anyone who hasn't heard, the rumors for the last few days have been for 10 years at $6.9 million per.

Posted by: Hatfield223 | May 16, 2010 5:03 PM | Report abuse

Posted by: BKCaps | May 16, 2010 5:04 PM | Report abuse

Caps flushed the post season away, McPhee has no choice but to win the off season/free agency.

Posted by: underpants2 | May 16, 2010 5:12 PM | Report abuse

So is this the Jose Theodore cap space thats getting used to complete the deal? Still an amazing value at under $7 million a year.

Posted by: CapsXXVI | May 16, 2010 5:23 PM | Report abuse

Best news I've heard all day.

Posted by: Raber | May 16, 2010 5:57 PM | Report abuse

Very nice! Glad to have you for the next several years, Nicky.

It's also the first good news I've heard in sports all day, with the Orioles and Nats both losing.

Posted by: CapsFan75 | May 16, 2010 6:05 PM | Report abuse

First time I smiled since game 4.

Posted by: TheSmurfs | May 16, 2010 6:09 PM | Report abuse

"Caps flushed the post season away, McPhee has no choice but to win the off season/free agency."

Nobody beat the Skins in the offseason standings.

Posted by: capsfan77 | May 16, 2010 6:11 PM | Report abuse

GREAT news!

Little Nicky is awesome, he can't be replaced.

- Ray

Posted by: rmcazz | May 16, 2010 6:13 PM | Report abuse

@capsfan77

Ha Ha!

Never thought that was a department that was worth the trouble to win -- unless it's the "right" free agent that can bring us to the Promised Land.

Posted by: CapsFan75 | May 16, 2010 6:28 PM | Report abuse

Caps fans love Backstrom!!! Glad he's stickin' around.

Posted by: msveasey | May 16, 2010 6:38 PM | Report abuse

@capsfan77

Need to make the right moves. This team was not good enough. Another year isn't gonna matter. Trying it again with the same group is lunacy.

Posted by: underpants2 | May 16, 2010 7:23 PM | Report abuse

Best Hockey news so far in the Caps off season. N.B. is a classy young man and we are very lucky to continue to cheer for him as a Caps player. His skill and love for the game are just a delight to watch. His OT goal in game two was so very very nice. The 2 shorty's and NB's goal were the best!

Posted by: Slammo | May 16, 2010 7:32 PM | Report abuse

how many of you would throw up if the flyers beat the habs in 5 or 6 and made Halak look ordinary in the process??

Posted by: joek443 | May 16, 2010 7:46 PM | Report abuse

I hate philly but they have a much better group of d-men than either pitt or the Caps. so guys like Cammalleri, Gionta and the rest of them probably will not get as many scoring chances.

their D must be great to protect goalies Boucher and now Leighton.

Posted by: joek443 | May 16, 2010 7:53 PM | Report abuse

Wonderful news if true. Backy is sensational and a joy to watch. I hope whatever he gets will be a ceiling for what Semen gets (regardless of his agent's perhaps inflated dreams)--his lack of playoff productivity should have lowered his price tag.

Posted by: jhershb | May 16, 2010 7:56 PM | Report abuse

Two Flyer goals from inside the crease. The Caps need need need to add a player who will crash the net more. Maybe a good second line center who is also a crease crasher. Grit in the playoffs is just as valuable as skill.

Posted by: Aldred15 | May 16, 2010 8:10 PM | Report abuse

hopefully he wont wear a tacky t-shirt to the signing.. Sorry.. I cant get over the horror of that last"girlfriend" shirt. I was going to get a Backstorm jersey too until I saw that t-shirt. It just seemed too silly in the face of how ticked off and disappointed we all were the day after they lost.. oh well, at least he wasnt smoking last night like our other comrades.. yeesh..
anyway, glad this taken care off so I dont have to worry about it for the rest of the summer..

Posted by: kmr2r | May 16, 2010 8:19 PM | Report abuse

ugh typos.. backstrom... (I do that every time)

Posted by: kmr2r | May 16, 2010 8:21 PM | Report abuse

Great news. With Ovechkin and Backstrom signed for long-term deals, we've locked up two of the top five or six players in the league for years to come. The rest of the team was negotiable, but Ovie and Backstrom were not.

Posted by: greggiebaba | May 16, 2010 8:24 PM | Report abuse

@kmr2r

He should have worn a funeral suit instead? I thought the shirt was hilarious, especially after I thought about it a second.

Posted by: trunkenmath | May 16, 2010 9:17 PM | Report abuse

""Sorry.. I cant get over the horror of that last"girlfriend" shirt. I was going to get a Backstorm jersey too until I saw that t-shirt.""

LOL I loved the T-shirt. "the horror"? LOL come on really? You were horrified because he wore a shirt that said what you already knew? That you r girfriend would drop you in a second for young stud pro athlete? Really? I bet nick is very sad to know you won't be sporting his jersey too.

Posted by: dbrine1261 | May 16, 2010 9:18 PM | Report abuse

I honestly believe that this is better news for our town than Strasburg - even if he lives up to the hype he will never have the impact that Nicky can.
Wooo Hooooo!

Posted by: bluejeener1 | May 16, 2010 9:18 PM | Report abuse

I have been guessing since last summer, 11 yrs at $6.5M per year for $71.5M total. If anything, what he did this year ssays he should get more than Kopitar's $6.875M and more then Toews and Kane at $6.3M each.

11 yrs matches the remaining time on Ovi deal, that was reasoning behind that.

I will update and post the cap spreadsheet once numbers are in.

Posted by: tominsocal1 | May 16, 2010 9:30 PM | Report abuse

1.http://www.smalltrade.net
2. Jame shoes $40
3. Air jordan(1-24)shoes $33
4. Jordan Spizike shoes $35
5. Jordan 2010 shoes $40
6. Nike shox(R4,NZ,OZ,TL1,TL2,TL3) $35
7. Handbags(Coach lv fendi d&g) $35
8. Tshirts (ed hardy,lacoste) $16
9. AF tshirt $25
10. Jean(True Religion,VERSACE,coogi) $30
11. Sunglasses(Oakey,coach,gucci,Armaini) $16
12. New era cap $15
13. FREE sHIPPING
14.http://www.smalltrade.net

Posted by: itkonlyyou59 | May 16, 2010 9:32 PM | Report abuse

1.http://www.smalltrade.net
2. Jame shoes $40
3. Air jordan(1-24)shoes $33
4. Jordan Spizike shoes $35
5. Jordan 2010 shoes $40
6. Nike shox(R4,NZ,OZ,TL1,TL2,TL3) $35
7. Handbags(Coach lv fendi d&g) $35
8. Tshirts (ed hardy,lacoste) $16
9. AF tshirt $25
10. Jean(True Religion,VERSACE,coogi) $30
11. Sunglasses(Oakey,coach,gucci,Armaini) $16
12. New era cap $15
13. FREE sHIPPING
14.http://www.smalltrade.net

Posted by: itkonlyyou59 | May 16, 2010 9:33 PM | Report abuse

1. http://www.smalltrade.net
2. Jame shoes $40
3. Air jordan(1-24)shoes $33
4. Jordan Spizike shoes $35
5. Jordan 2010 shoes $40
6. Nike shox(R4,NZ,OZ,TL1,TL2,TL3) $35
7. Handbags(Coach lv fendi d&g) $35
8. Tshirts (ed hardy,lacoste) $16
9. AF tshirt $25
10. Jean(True Religion,VERSACE,coogi) $30
11. Sunglasses(Oakey,coach,gucci,Armaini) $16
12. New era cap $15
13. FREE sHIPPING
14. http://www.smalltrade.net

Posted by: itkonlyyou59 | May 16, 2010 9:36 PM | Report abuse

I honestly believe that this is better news for our town than Strasburg - even if he lives up to the hype he will never have the impact that Nicky can.
Wooo Hooooo!

Posted by: bluejeener1 | May 16, 2010 9:18 PM | Report abuse

IF Strasburg can live up to the hype and becomes a pitcher like Clemens without steroids - that's a big if - he'll have more impact than Backs or even Ovi.

whenever he pitches, he'll be one of the top stories on sportscenter and that's kinda publicity that neither Ovi and Backs can often bring short of making the SC finals.

Posted by: joek443 | May 16, 2010 9:39 PM | Report abuse

itkonlyyou59

They have got to be kidding -- if they were giving away gold I wouldn't take it after they abused this site. Isn't there a moderator for this site? I hate them more than the Penguins.

Posted by: bluejeener1 | May 16, 2010 9:43 PM | Report abuse

@kmr2r

And now, due to the fact our other comrades were caught smoking, Team Russia decided to boycott the press. But since they realized that they'd be fined by the IHC, they sent a couple of rookies to get interviewed.

Posted by: CapsFan75 | May 16, 2010 9:51 PM | Report abuse

To amuse myself, I always like to calculate how much these players get paid for an hour's work. Let's assume a conservative $6 M figure which is quite modest relative to many professional athletes. Assuming an 82 game season and that he plays every game, 20 minutes a game. That means Nicky gets $73,000 a game or about $219,000 per hour! Don't you go taking off shifts now, Nicky...

Posted by: randysbailin | May 16, 2010 9:55 PM | Report abuse

randysbailin:
its possible to calculate a per game salary - but not really fair to try and translate that to an hourly wage. i'd think that if you take into account on ice practice, video sessions, training/workouts, work related travel and medical attention - they would make less per hour than they do for each game.

i'd still trade salaries with laing

Posted by: Capt_Kirk_in_AZ | May 16, 2010 10:27 PM | Report abuse

Next two steps... get a legit #2 center and sign Semin to a longer deal.

Posted by: timmyv38 | May 16, 2010 10:34 PM | Report abuse

i saw nicky out at public bar saturday night, must have been celebrating the new deal!

Posted by: bigo11 | May 16, 2010 11:02 PM | Report abuse

Great that they signed him, hope it's as long as OV is here. Now they will HAVE to trade Semin, they can't afford him, and they probably could get something decent for him at the draft. They need to lock up others, but the team as we have known it the past few season might be fleeting

Posted by: Kegler300 | May 16, 2010 11:11 PM | Report abuse

Capt Kirk:

Would you trade salaries with Laing (for the past two years, that would give you $1M) if that also meant you had to go through the emergency spleen surgery and the 4 weeks with your jaw wired shut due to puck in the mouth?

Look, I'll admit, I like soup and ice cream, but not as the ONLY food I can eat for a month.

The next time someone checks me into the cubicle wall will be the first time.

Imagine if work were like hockey - another estimator staring me down, ready to "drop calculators."

Medics stitching us up in the hallway and then sending us back in the conference room.

20,000 gov't auditor "fans" chanting my name in a sing-song every time I fat finger a key and make a million into a billion.

If Johnny Cochrane were alive and if he made a rhyme about this one, he might say "If you can't skate the time, you don't get the dime."

Posted by: tominsocal1 | May 16, 2010 11:14 PM | Report abuse

timmyv38: I'll post my salary cap tomorrow, but you can clearly see that signing Semin long-term and bringing in a "legitimate" #2 center are mutually-exclusive. The cap room next year is nil, and that's with two goalies making $812.5K each.

No team in hockey I'll bet (haven't researched this one) has such a high % of their cap space devoted to wingers. The tominsocal1 plan trades Semin and Flash and brings back Volchenkov as a UFA (5 yrs/$27.5M), a top-notch checking line forward and promotes Perreault to #2 center for the season (with cap space to get a #2 center vet for next year's playoffs). You also have plenty of money to re-sign Brooks Laich this way. Fehr gets promoted to 2nd line with MP and Laich; Ovi is with Backie and Knuble; Belanger is brought back with that new checking winger and Chimera; and you have Bradley and Steckel for line #4.

Posted by: tominsocal1 | May 16, 2010 11:30 PM | Report abuse

I'd like to see them try to keep Semin and sign him long term. They could try to trade Poti and a pick for Volchenkov. I think they can buyout Nylander $1M and save nearly $3M cap hit.

I'm also up for trading Green if we can get something good in return.

Posted by: CAPSHOCKEY2 | May 16, 2010 11:58 PM | Report abuse

You heard it here first:

Dateline: Toronto, ON, 1 July 2013

by Micheal Wilbon
Sudbury Press

Maple Leafs general manager Brian Burke today announced the signing of UFA center Sidney Crosby to a ten-year, $100M contract. Crosby has been the subject of controvery over the past year as Penguin owner Mario Lemieux tried in vain to extend the contract of the recalcitrant team captain. In the end, a lack of salary cap space in Pittsburgh coupled with the lure to return to Canada was too much for Sid the Kid to pass up.

"I loved my time in the Burgh, living in Mario's basement, but Burkie promised me a dressing room full of used dryers," Crosby said. "Plus the chance to work for Coach McCreary was too much to pass up."

Rumors have it that the city of Pittsburgh would disband and return the land to Native Americans in exchange for "three casinos to be named later."

In a related story, the former city of Cleveland, Ohio, three years after losing LeBron James to the Miami Heat, had finally sold the last of its assets so that the name "Cleveland" will be henceforth removed from all future Rand McNally maps of the United States.

Note: Repeated attempts contact Mario Lemieux for comment were unanswered as all calls went to his answering machine, "Me and Sid are having too much fun to answer now..."

signed,
nostrathomasinsocal1

Posted by: tominsocal1 | May 17, 2010 12:05 AM | Report abuse

CAPSHOCKEY2: You
don't have to trade for Volchenkov - he's a UFA come July 1st if he deosn't re-sign with Ottawa.

And the cap space for next year being almost nil already assumes Nylander is gone and not included.

BTW, we haven't discussed this for awhile, but the Nylander saga will begin to unfold once more when the NTC expires July 1st.

Posted by: tominsocal1 | May 17, 2010 12:10 AM | Report abuse

I wouldn't mind seeing a stright p trade of Mike Green for Jeff Carter! Seems fair and we needa good 2nd line center...I doubt hilly would tade him though.

Posted by: capscoach | May 17, 2010 7:16 AM | Report abuse

@tominsocal1: Does your salary cap scenario include Boyd Gordon?

Great nostradamos prediction, btw.

Posted by: dccitizen1 | May 17, 2010 7:47 AM | Report abuse

I wouldn't mind seeing a stright p trade of Mike Green for Jeff Carter! Seems fair and we needa good 2nd line center...I doubt hilly would tade him though.

Posted by: capscoach | May 17, 2010 7:16 AM | Report abuse

philly is loaded on defense, they don't need Green.

Posted by: joek443 | May 17, 2010 8:19 AM | Report abuse

IF Strasburg can live up to the hype and becomes a pitcher like Clemens without steroids - that's a big if - he'll have more impact than Backs or even Ovi.

whenever he pitches, he'll be one of the top stories on sportscenter and that's kinda publicity that neither Ovi and Backs can often bring short of making the SC finals.

Posted by: joek443 |

No way. A pitcher is hardly a draw to a team. A starting pitcher only participates 1 out of every 5 games. People are not going to be buying tickets because of 1 starting pitcher or even a tremendous position player. Baseball is not a sport that watch because of 1 player as they have less to do with the team's overall success than any other sport. In baseball you are considered extremely successful if you get a hit 3 out of every 10 times at bat. As a pitcher you are extremely successful in you win half of your starts. If you win 20 games you are extremely successful. That is 1/8th of your teams total games played. People may tune in on nights he pitches but that is about it. It is not like football, baseball or basketball when the equivalent player has people tuning for every game to see what they will do next. Baseball is also slow so a dominant player may be intriguing but is hardly must see.

Posted by: srobert1117 | May 17, 2010 8:36 AM | Report abuse

@ srobert1117

I disagree... a pitcher like Clemens can lift a whole pitching staff to another level. that's why they're called the ace and the stopper.

if Strasburg can become that kinda pitcher, he'll create more buzz around the Nats than either Backs or Ovi can for the Caps. I'm not just talking about the contribution on the field. baseball is not what it was 30 years ago but it's still head and shoulders above hockey in this country.

Posted by: joek443 | May 17, 2010 8:55 AM | Report abuse

CAPSHOCKEY2: You
don't have to trade for Volchenkov - he's a UFA come July 1st if he deosn't re-sign with Ottawa.
Posted by: tominsocal1

You're right, that slipped my mind. I guess I'm just anxious to ship out Poti and Green and get Volchenkov. We will have to move somone to sign Volchenkov.

Posted by: CAPSHOCKEY2 | May 17, 2010 10:52 AM | Report abuse

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