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Ovechkin Signs New 5-Year $47.5Mln Deal With Washington Capitals

Washington Capitals' Alex Ovechkin (8) during the third period of an NHL hockey game against the New York Islanders Saturday, Jan. 18, 2020, in Uniondale, N.Y. The Capitals won 6-4.
© AP Photo / Frank Franklin II

MOSCOW (Sputnik) - NHL club Washington Capitals has signed a new contract with Russian legend Alexander Ovechkin, the player announced.

Ovechkin took to Twitter to announce the news. 

​The club's website says the five-year contract is worth $47.5 million.

Ovechkin has been playing for Washington since 2005, he could become an unrestricted free agent from 28 July.

In 2018, Ovechkin won the Stanley Cup for the first time with the Capitals. "Ovi" is the sixth-best sniper in the league's history with 730 goals and is just one goal behind fifth-ranked Marcel Dionne, with Wayne Gretzky in the lead (894).

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