Andre Burakovsky is officially no longer a Washington Capital.
After he was traded to the Colorado Avalanche in June for second and third-round picks in the 2020 NHL Draft, Burakovsky inked a new deal with the squad for one year and $3.25 million.
Burakovsky posted 25 points last season in 76 games and had been the subject of trade rumors for the better part of two seasons. The Capitals offered him a qualifying offer but would have had to match his previous cap hit of $3 million per year.
The Capitals, after signing Garnet Hathaway, Richard Panik and Brendan Leipsic, have a touch over $4 million left to sign restricted free agents Jakub Vrana and Chandler Stephenson, and Burakovsky's departure gave them the cap space to sign those deals.
Colorado meanwhile has $19.9 million in remaining cap space and need to sign a host of restricted free agents to new deals, including Mikko Rantanen, J.T. Compher and Vlaidslav Kamenev.
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