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Arbitration numbers set for Holtby vs. Capitals


Arbitration numbers set for Holtby vs. Capitals

Two days before goaltender Braden Holtby and the Capitals are scheduled to go to arbitration, their asking prices have been set it. According to CBC Sports’ Tim Wharnsby, Holtby is seeking an annual award of $8 million, while the Capitals are seeking an annual award of $5.1 million.

Holtby’s agent, David Kaye, did not immediately return a message left for him on Tuesday.

If the two sides can come to an agreement somewhere in the middle they’ll avoid arbitration, which is scheduled for Thursday in Toronto. But the Caps aren’t likely to agree to a $7 million annual salary for their 25-year-old goalie, which means an arbitrator likely will decide how much Holtby will make for the next one or two seasons.

Because Holtby filed for arbitration the Capitals can decide on an award of one year or two years. If the Caps decide on a one-year award, they will be right back where they are next summer, with Holtby retaining his status as a restricted free agent. If the Caps decide on a two-year award, Holtby would become an unrestricted free agent at the age of 27 at the end of that term.

With that in mind, the Caps might choose a one-year arbitration award, presumably with the hope of getting Holtby at a lower cap hit for one season. That way, if Holtby proves he deserves a long-term deal, his reward would come next summer. 

It should be noted that the $8 million Holtby is seeking in arbitration, and the $5.1 million the Capitals are proposing to an arbitrator are not necessarily the numbers that have been used in their negotiations. Players always shoot high and teams always shoot low with their arbitration numbers.

The Capitals’ offer to Holtby, which general manager Brian MacLellan described as “huge” in terms of overall dollars and “competitive” with other NHL goalies, likely was in the five-year, $28 million range, putting his average salary at around $5.6 million.

However, if Holtby was willing to agree to a five-year deal, he likely set the bar closer to $34 million, putting his cap hit in the $6.8 million range.

By going to arbitration, Holtby would be sacrificing long-term security for a chance at a bigger payday in two years. He addressed that topic on breakup day following the Caps’ second-round elimination from the Stanley Cup playoffs.

“Job security is something that doesn’t come around very often in this profession,” Holtby said, “so if you can find some it’s great.

“If you don’t have any ties it’s a lot different. But with family [he has two children] you’d like to stay and get to know the community and get involved. So the longer term the better.

“But at the same time, I expect if it’s a one-year deal I want to earn it for the next year. If it’s longer term I want to earn every single year of it. I’m just happy to be here and happy to be a part moving forward.”  

Clearly, Holtby’s asking price through arbitration suggests he believes he should be one of the highest-paid goalies in the NHL. The current list of highest-paid goalies (with cap hits) reads like this, via

Henrik Lundqvist $8.5 million

Sergei Bobrovsky  $7.425 million

Tuukka Rask $7 million

Pekka Rinne $7 million

Carey Price $6.5 million

Cam Ward $6.3 million

Cory Schneider $6 million

Ryan Miller $6 million

Cory Crawford $6 million

Aside from Schneider and Rinne, every goalie who is making $6 million or more has won a Vezina Trophy (Lundqvist, Bobrovsky, Rask, Price, Miller) or a Stanley Cup (Rask, Ward, Crawford).

Holtby, who earned $2 million last season, finished fourth in Vezina Trophy voting last season, matching franchise records in games played (73) and wins (41). Among goalies with 50 or more starts last season, he finished fourth in goals-against average (2.22), seventh in save percentage (.923) and tied for second in shutouts (9).

MORE CAPITALS: Backstrom aiming for season opener

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Braden Holtby saved his best performance of the season for when the Caps needed it most

Braden Holtby saved his best performance of the season for when the Caps needed it most

Braden Holtby has been largely overshadowed in the headlines of the Eastern Conference Final by Tampa Bay Lightning goalie Andrei Vasilevskiy.

After two games, Vasilevskiy was one of the bigger storylines for how poorly he played in giving up 10 goals in just five periods. The next three games after that, the storyline changed to how well he was suddenly playing and how he had helped the Lightning steal two wins in Washington and take a 3-2 series lead after Game 5.

Holtby was not mentioned much. His play was not the reason the Caps went up 2-0 or the reason they went down 3-2.

But if the Caps hoped to force a Game 7, they needed him to at least be a reason why they won Game 6.

Holtby responded in a big way. With his team facing elimination, Holtby registered his first shutout of both the regular season and the playoffs.

"It's a perfect time," Devante Smith-Pelly said after the game. "He's been great all year. Obviously an up-and-down year for him personally, but the way he's bounced back, he's been amazing all throughout the playoffs."

Holtby is now just the seventh goalie in NHL history to record his first shutout of the season in a game in which his team faced elimination.

Holtby, however, was not concerned with the stats or the shutout.

"The only reason it’s good is we won," Holtby said of his shutout performance. "Aside from that, it’s just good for [the media], I guess you can write about it. But for us it’s just that W."

Vasilevskiy made a number of jaw-dropping saves, especially in the first period, but Holtby matched him save for save as both teams battled for the first goal. With the score knotted at zero, Holtby made a toe save on Anthony Cirelli on a 2-on-1 opportunity to keep the Lightning off the board. He really upped his game in the third period as Tampa Bay made a late push to tie it. He turned aside 10 shots that frame including a nifty snag on Nikita Kucherov and a glorious glove save on Ondrej Palat.

Holtby's performance ensured the Caps would live to fight another day...for now.

As the series shifts back to Tampa Bay, Washington will again be facing elimination. This time, however, so will their opponents.

Anything can happen in a Game 7. In a winner-take-all game, it may come down to who has the better goalie on Wednesday and Holtby seems to be picking a good time to up his game.

"Braden has been the backbone of our hockey club," Barry Trotz said. "You can’t go anywhere without goaltending and he’s been solid. ... Braden is a true pro, he works on his game, he finds ways to make a difference and he does."


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5 reasons the Caps beat the Lightning in Game 6

5 reasons the Caps beat the Lightning in Game 6

After losing three straight, the Capitals battled back in Game 6 on Monday. With their 3-0 win, Washington forced the Eastern Conference Final into a decisive Game 7 on Wednesday.

Here is how the Caps did it.

1. Braden Holtby matched Andrei Vasilevskiy save for save

Andrei Vasilevskiy was just as great in this game as he was in the three previous, but one of the major differences in this one was that Holtby was just as good. He may not have been tested as much (Vasilevskiy made 32 saves, Holtby 24), but he was big when the team needed.

In the second period with the scored tied at 0, Holtby made one of the most critical saves perhaps of the entire season when he denied Anthony Cirelli with the toe on a 2-on-1. When the Caps took the lead, Holtby really shut the door in the third period with 10 saves to cap off what was his fifth career playoff shutout and first shutout of the entire season.

2. T.J. Oshie’s timely goal

Over halfway into the game, it looked like it was just going to be one of those nights. Caps fans know it well by now. Washington outplays their opponent, they get chance after chance and develop a whopping advantage in shots, but they run into a hot goalie and a random play suddenly turns into a goal for the other team, game and season over.

Vasilevskiy was on his way to having perhaps his best performance of the series. Considering how he played in the three games prior to Game 6, that’s saying something. The Caps were doing everything right, but he continued to make save after save. Then on the power play in the second period, John Carlson struck the inside of the post, the horn went off and the roar of the crowd gave way to dismay as the referee waved his arms to indicate there was no goal and play continued. Just seconds later, T.J. Oshie gave the Caps the 1-0 lead.

You have to wonder if doubt was starting to creep into the back of the minds of the players when that puck struck the post as they wondered what else they had to do to beat Vasilevskiy. Luckily, that feeling didn’t last long.

3. Special teams

Braydon Coburn’s tripping penalty in the second period gave Washington its only power play of the night and its first since the second period of Game 4. They had to make it count given how well Vasilveskiy was playing and they did.

Washington now has a power play goal in each of their three wins against the Lightning and no power play goals in their three losses. So yeah, it’s significant.

Tampa Bay had two opportunities of their own, but Washington managed to kill off both power plays in the penalty kill’s best performance of the series.

4. Washington’s physical game plan

On paper, the Lightning are better than the Caps in most categories. One area in which Washington has the edge, however, is physical play and it was clear very early that they intended to use that to their advantage in Game 6. Tampa Bay was pushed around and they seemed to struggle to recover.

Ovechkin was a one-man wrecking ball out there hitting everything that moved. The energy he brought with every hit was palpable and both the team and the crowd fed on it.

Washington was credited with 39 hits on the night compared to Tampa Bay’s 19. Ovechkin had four of those as did Nicklas Backstrom while Devante Smith-Pelly contributed five and Tom Wilson and Brooks Orpik each led the team with six.

5. Fourth line dagger

Tampa Bay’s fourth line was the story of Game 5, but Washington’s fourth line sealed the deal on Monday with its third period goal.

Chandler Stephenson beat out an icing call, forcing Braydon Coburn to play the puck along the wall. Jay Beagle picked it up, fed back to Stephenson who backhanded a pass for the perfect setup for Devante Smith-Pelly.

Smith-Pelly scored seven goals in the regular season. He now has four in the playoffs.