Alex Ovechkin has signed a new contract with the Washington Capitals.

He'll need to average 33 goals over those five seasons to beat Gretzky's record.

That is a lot of years

He's playing for the record not the cup.

Honestly I'm mixed about this... it's both bad and good.

He can still put the puck in the net like no one else, but all the other things he stopped doing lowers his on-ice value overall. Poor contract but that was to be expected.

The Great 8 is feasting - not a good contract but understandable

Imagine how many beers he can buy with this money.

I don't think Washington really cares if this is a bad signing or not. He's their franchise.

Might be a bit too much term, but it'll be completely worth it if he breaks the all-time goal record in that time, and it means even more if he does it in a caps jersey.

The only people who think this is a good contract are delusional Capital fans

this is one of the best scorers in NHL history. It isn't great but it makes sense.

It would be impossible to sign him to a good contract with waht he was asking for.

Hopefully he can break Gretzky's record

TBH this is better than i thought it would be so.... im happy

Gretzky in shambles rn

Looking at the contract alone without considering the significance of the player, the term is a year or two long but I mean come on, it's Ovi, how could you not like that contract as a Caps fan

Hell yeah! Longer the term, the longer it’s likely for Ovi to stay in the NHL.

Wow

You think Ovi's contract really matters that much to us though? Yeah it's not great, but he keeps his current cap hit and I could care less tbh if it's good or not, he's staying

Looks like Ovi is dead set on that goals record, only injury can stop him now! The contract is quite rich for a player that’ll be 40 by the time it ends, so hopefully Ovechkin hasn’t lost his anti-aging serum or this could look bad in the last couple years.

The fact that he's staying and the value he's brought to this franchise over the years automatically makes it a good signing.

imagine thinking he will break Gretzky's record for real looooool

It's honestly a no brainer to finish his career in Washington so 5-year deal fine give him the chance to beat Gretzky's record, but 9.5 Million? I'm not so sure i'd give that to him for the next 5 years he's already 35. Who knows It might be a good deal for them.

The value he's brought to this team far outweighs what he's been paid and will be paid. It's basic economics, kid.