Washington Capitals Exceed Cap in Karl Alzner Deal

July 15th, 2011 by Alan Zlotorzynski Leave a reply »
According to Capitals.com, the Washington Capitals have re-signed defenseman Karl Alzner to a two-year contract, vice president and general manager George McPhee announced today.

The deal is good news for Caps fans as Alzner was the only remaining restricted free agent to be signed from last year's roster. Alzner, who is just 22 years old, will make $1.3 million in 2011-12 and $1.27 million the following year.

Following his new deal, Alzner will remain a restricted free agent deal but will have obtained arbitration rights under the current collective bargaining agreement.

However, the current CBA is set to expire following next season, and the NHL could become the third major sports league in less than a year to experience labor strife.

The Caps seemed to be in a salary cap bind after signing Jeff Halpern, Joel Ward, Roman Hamrlik, and goaltender Tomas Vokoun during the first two days of NHL free agency.

The Caps were left with just $400,000 under next year’s salary cap of $64.3 million to re-sign Troy Brouwer, who they obtained by trading their first-round draft pick during this ye ...

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