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NHL salary cap rises to $75 million, will that be enough for Caps to keep Oshie?

NHL salary cap rises to $75 million, will that be enough for Caps to keep Oshie?

The NHL's salary cap will increase by $2 million next season to $75 million with a floor of $55.4 million, the NHL and NHLPA announced Sunday.

The Players' Association has the option each season of increasing the cap with a 5-percent escalator clause. If they use it, however, it means a higher escrow payment from the players to the league. Had the NHLPA used its full escalator clause, it would have raised the cap to over $77 million. They instead elected to use a smaller percentage, thus the smaller increase to only $75 million.

An increase is good news for the cash-strapped Capitals who need all the money they can get to re-sign their restricted free agents. The biggest question on fans' minds, however, will be whether it is enough of an increase for the team to re-sign forward T.J. Oshie.

RELATED: Which players did the Caps leave unprotected?

Oshie was tied for the team lead in goals last season with 33. As an unrestricted free agent, he is expected to be one of the most highly sought after forwards this summer which means he will command a significant raise, somewhere in the range of $6 to 7 million per year. For a Washington team that still needs to re-sign restricted free agents Evgeny Kuznetsov, Andre Burakovsky and Dmitry Orlov, that just may be too much money.

Had the salary cap increased to $77 million, there was a realistic chance the team could have re-signed Oshie. At $75 million, that may not be enough.

Plus, time is not on Washington's side. Kuznetsov is expected to get a sizable contract and how high his cap hit is will likely determine what moves the Caps' can make. That means that once the expansion draft is over, general manager Brian MacLellan will need to re-sign Kuznetsov and then re-sign Oshie all before July 1 when free agency opens. And that's only if they have enough money to re-sign their other RFAs, which they may not anyway.

The reality the Caps find themselves in is that their young free agents are their top priority. That means they just may not have enough money left for a 30-year-old winger even with the $2 million salary cap increase.

MORE CAPITALS: Ovechkin meets soccer great Pele

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3 reasons the Caps beat the Stars

3 reasons the Caps beat the Stars

The Washington Capitals had not beaten the Dallas Stars at home since 2006, Alex Ovechkin's second season in the NHL. That streak ended on Tuesday in a 4-3 Caps win.

Here's how the Caps were finally able to down Dallas in Washington.

Oshie still hot

After going 19 straight games without a goal, T.J. Oshie has been red-hot of late with four goals in his last four games. He scored Washington’s first goal in what would become a three-goal period for the Caps as they battled back from a 1-0 deficit into a 3-3 tie through 40 minutes. Oshie also added an assist as he won a power play faceoff that John Carlson fed to Alex Ovechkin for the goal.


Ovechkin victimizing his favorite target

You knew Ovechkin would score given he was playing against one of his favorite targets. With his second period goal, Ovechkin now has 22 goals against Kari Lehtonen in his career, tied with Henrik Lundqvist for the most goals he has scored on any netminder. Lehtonen has not been in the Eastern Conference since the 2008-09 season. When he goes to sleep at night, Ovechkin is who he sees in his nightmares.

The Carlson-Klingberg duel

Carlson and John Klingberg entered Tuesday’s game each with 59 points, tied for the league lead in points among defensemen. Carlson downplayed the matchup both before and after the game, but it was clear that both players were playing at another level all game long. While both players tallied two points on the night, you have to give the win to Carlson as he had the most significant point, a game-winning goal in the third period.


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Tarik's 3 Stars: Ovechkin further cements his place in history

Tarik's 3 Stars: Ovechkin further cements his place in history

Alex Ovechkin further cemented his place in NHL history, John Carlson stayed hot and Braden Holtby was good when called upon as the Caps downed the Stars, 4-3, at Capital One Arena on Tuesday night.

The victory was Washington’s fifth in the past six games. It also marked the Caps’ first win over Dallas in D.C. since 2006.

Tarik’s three stars of the game:

1-Alex Ovechkin, Capitals

Ovechkin scored his 44th goal of the season and the 602nd of his career in the second period to give the Caps a short-lived 3-2 edge in the second period.

The goal put Ovi back atop the league as he seeks a seventh Maurice “Rocket” Richard Trophy. It also pushed him past Jari Karri and into sole possession of 19th place on the NHL’s all-time list. Ovechkin has now victimized Kari Lehtonen 22 times, which is tied for the most goals he’s scored against a single netminder. (Henrik Lundqvist has also given up 22 goals to No. 8). Ovi also had a couple of secondary helpers.

2-John Carlson, Capitals

Carlson scored the game-winner 4:59 with left to play, blasting a one-timer past Lehtonen to put the Caps ahead 4-3.

Carlson also notched an assist, which allowed him to stay even with Dallas’ John Klingberg. Klingberg had two assists. Both players ended the game with 61 points—tied for the most among all NHL defensemen.    

3-Alexander Radulov, Stars

From his first shift, it was apparent that Radulov was determined to leave his mark on the game. And he did just that, recording a goal, an assist and boarding minor that bloodied Caps defenseman Michal Kempny. Radulov’s goal—a redirection of a John Klingberg shot—was his 26th and it evened the score, 2-2, in the second period.

Agree? Disagree? Let us know what you think in the comments.