Free agency is now in full swing for the NHL, but we may have just seen one of the biggest moves we will see this offseason. The league's all-time leading scorer has decided to return for at least one more season. Alex Ovechkin will enter his 22nd professional season at 41 years old with the Washington Capitals, where he played the entirety of his career. He has signed a one-year $4.25 million deal to play at least one more season as the team's captain.
IT'S SO NOT O-VER, BABES‼️The Washington Capitals have re-signed captain Alex Ovechkin to a one-year contract extension. Ovechkin’s contract will carry an average annual value of $4.25 million.#ALLCAPS | #Gr8ness pic.twitter.com/MFudDudbiu— Washington Capitals (@Capitals) July 2, 2026While many expected Ovechkin to retire after last season, he proved last season that he still has plenty left in the tank. It's also no lock that this will be his last season either. We have no reason to believe he won't continue to be a valuable fantasy asset this season.
Fantasy Impact
LW Alex Ovechkin, Washington Capitals
Ovechkin is no longer an elite fantasy option on the wrong side of 40 years old, but while he may not be as great as he once was, he's still great compared to the vast majority of the league. Last season, he played in all 82 games, scoring 32 goals and dishing out 32 assists.
