After a longer than anticipated wait, the Washington Capitals re-signed Marcus Johansson on Friday to a one-year, $3.75 million contract based on the award set by an arbitrator.
Johansson, 24, set career highs in goals (20) and points (47) last season and sought $4.75 million in arbitration while the Caps filed for $3 million. The amount of $3.75 million awarded represents a sizable raise from the $2.175 million he made last season. It is also significant because it comes just under the cutoff point in which teams have the option of walking away. Had the arbitrator awarded Johansson $3.8 million or greater, the Caps could have chosen not to re-sign him thus making the Landskrona, Sweden native a free agent.
With Johansson signed, the Caps now have less than $500,000 of cap space remaining. That number, however, includes all three of the team's goalies. When one is reassigned to AHL Hershey prior to the start of the season, most likely Justin Peters, the team will have a healthy cushion of about $1.4 million remaining. With other players likely to be sent down as well, the Caps look well positioned for the upcoming season.
Drafted by the Caps in the first round of the 2009 draft, Johansson has recorded 186 points (61 goals, 125 assists) in 345 regular-season games and 15 points (five goals, 10 assists) in 44 career playoff games. He will again be a restricted free agent when his contract expires at the end of the 2015-16 season.