It’s quite possible the first summer Caps casualty may be Sergei Fedorov. According to the Russian newspaper Sport Express, the 39-year-old center will be signing a two-year contract worth over $7 million with Metallurg Magnitogorsk of the Continental Hockey League (KHL).
However, Fedorov’s agent has told the Washington Post that nothing is decided yet, other than that the Caps’ veteran center has had multiple offers from KHL teams. It’s possible Fedorov might return to the Caps next year as well, but nothing is set in stone. Any money sunk into a declining forward will surely take away prime salary cap space better used elsewhere.
The Caps have his rights until June 30th, when he becomes an unrestricted free agent. Fedorov scored 11 goals and 33 points this season but scored only one goal and eight points in this year’s playoffs. His goal was the Game 7 winner against the Rangers that got the Caps to the second round before losing to the Penguins in seven.