Nicklas Backstrom has reached a deal with the Washington Capitals: 10 years, $67 million. Fellow Swede Marcus Johansson also signed today, a three-year entry-level deal.
Ted Leonsis emphasized the family aspect of the team: “Alex adopted Nick as a younger brother . . .” Building a young core is the way to ensure the team’s “upside.” Per Coach Boudreau, the Capitals now have “two of the top five players in the league” signed to long-term deals.
Watch the press conference here.
UDPATE: More details on the deal from the Caps’ official site.
UPDATE: Tarik has the year-by-year breakdown of the deal.