Contracts | Career Earnings: $150,713,348
35+ Contract (Extension)
Signed By: Brian MacLellan
Length: 5 years
Value: $47,500,000
Expiry Status: UFA
Cap %: 10.8
Signing Team: Washington Capitals
Signing Date: Jul. 27, 2021
Alex Ovechkin signed a 5 year, $47,500,000 contract with the Washington Capitals on Jul. 27, 2021. The contract has a cap hit of $9,500,000.
| Season | Clause | Cap Hit | AAV | P. Bonuses | S. Bonuses | Base Salary | Total Salary |
|---|---|---|---|---|---|---|---|
| 2021-22 | M-NTC, NMC | $9,500,000 | $9,500,000 | $0 | $4,000,000 | $1,000,000 | $5,000,000 |
| 2022-23 | M-NTC, NMC | $9,500,000 | $9,500,000 | $0 | $9,000,000 | $1,000,000 | $10,000,000 |
| 2023-24 | M-NTC, NMC | $9,500,000 | $9,500,000 | $0 | $11,500,000 | $1,000,000 | $12,500,000 |
| 2024-25 | M-NTC, NMC | $9,500,000 | $9,500,000 | $0 | $6,000,000 | $5,000,000 | $11,000,000 |
| 2025-26 | M-NTC, NMC | $9,500,000 | $9,500,000 | $0 | $4,000,000 | $5,000,000 | $9,000,000 |
| TOTAL | $47,500,000 | $0 | $34,500,000 | $13,000,000 | $47,500,000 |
Clause Details: 10 team no trade list
Standard Contract (Extension)
Signed By: George McPhee
Length: 13 years
Value: $124,000,000
Expiry Status: UFA
Cap %: -
Signing Team: Washington Capitals
Signing Date: Jan. 10, 2008
Alex Ovechkin signed a 13 year, $124,000,000 contract with the Washington Capitals on Jan. 10, 2008. The contract has a cap hit of $9,538,462.
| Season | Clause | Cap Hit | AAV | P. Bonuses | S. Bonuses | Base Salary | Total Salary |
|---|---|---|---|---|---|---|---|
| 2008-09 | $9,538,462 | $9,538,462 | $0 | $0 | $9,000,000 | $9,000,000 | |
| 2009-10 | $9,538,462 | $9,538,462 | $0 | $0 | $9,000,000 | $9,000,000 | |
| 2010-11 | $9,538,462 | $9,538,462 | $0 | $0 | $9,000,000 | $9,000,000 | |
| 2011-12 | $9,538,462 | $9,538,462 | $0 | $0 | $9,000,000 | $9,000,000 | |
| 2012-13 | $9,538,462 | $9,538,462 | $0 | $0 | $9,000,000 | $9,000,000 | |
| 2013-14 | $9,538,462 | $9,538,462 | $0 | $0 | $9,000,000 | $9,000,000 | |
| 2014-15 | M-NTC | $9,538,462 | $9,538,462 | $0 | $0 | $10,000,000 | $10,000,000 |
| 2015-16 | M-NTC | $9,538,462 | $9,538,462 | $0 | $0 | $10,000,000 | $10,000,000 |
| 2016-17 | M-NTC | $9,538,462 | $9,538,462 | $0 | $0 | $10,000,000 | $10,000,000 |
| 2017-18 | M-NTC | $9,538,462 | $9,538,462 | $0 | $0 | $10,000,000 | $10,000,000 |
| 2018-19 | M-NTC | $9,538,462 | $9,538,462 | $0 | $0 | $10,000,000 | $10,000,000 |
| 2019-20 | M-NTC | $9,538,462 | $9,538,462 | $0 | $0 | $10,000,000 | $10,000,000 |
| 2020-21 | M-NTC | $9,538,462 | $9,538,462 | $0 | $0 | $10,000,000 | $10,000,000 |
| TOTAL | $124,000,006 | $0 | $0 | $124,000,000 | $124,000,000 |
Clause Details: Lists 10 teams he cannot be traded to
Entry-Level Contract
Signed By: George McPhee
Length: 3 years
Value: $11,502,600
Expiry Status: RFA
Cap %: -
Signing Team: Washington Capitals
Signing Date: Aug. 31, 2005
Alex Ovechkin signed a 3 year, $11,502,600 contract with the Washington Capitals on Aug. 31, 2005. The contract has a cap hit of $984,200.
| Season | Clause | Cap Hit | AAV | P. Bonuses | S. Bonuses | Base Salary | Total Salary | Minors Salary |
|---|---|---|---|---|---|---|---|---|
| 2005-06 | $984,200 | $3,834,200 | $2,850,000 | $295,260 | $688,940 | $984,200 | $70,300 | |
| 2006-07 | $984,200 | $3,834,200 | $2,850,000 | $295,260 | $688,940 | $984,200 | $70,300 | |
| 2007-08 | $984,200 | $3,834,200 | $2,850,000 | $0 | $984,200 | $984,200 | $70,300 | |
| TOTAL | $11,502,600 | $0 | $590,520 | $2,362,080 | $2,952,600 | $210,900 |