Capitals Sign Jeff Schultz to Four-Year Deal

Posted by Dave Nichols | Wednesday, July 07, 2010 | , , , | 0 comments »

The Washington Capitals announced today the re-signing of D Jeff Schultz to a four-year contract.

In keeping with team policy, the terms of the agreement were not announced, but according to Capitals Insider:
The deal is worth $11 million over four years and will pay the defenseman $2.5 million in each of the first two years and $3 million in the final two years for a $2.75 million per season average.
Schultz led the NHL in plus/minus last season with a plus-50 rating. The 24-year-old also racked up three goals and 20 assists in 73 games..

Earlier in the week, the team inked C Boyd Gordon to a one-year deal.  Again, Capitals Insider had the contract at $800,000.

Gordon, limited to 36 games because of a back injury in 2009-10, had four goals and six assists in his sixth season with the Caps.

The two signings leaves just two unsigned restricted free agents, C Tomas Fleischmann and RW Eric Fehr, both of whom have filed for arbitration.

Also, Michael Nylander was waived (again) at noon.  He will count $4.875 million agains the Capitals' salary cap if no team claims him.