Alexander Semin Signs One-Year Contract Extension With Washington Capitals

For now, George McPhee and the team have put that question on the back-burner, at least for another year. The Capitals signed Semin to a one-year, $6.7 million contract extension on Thursday morning.

Here’s a bit from our Caps blog, Japers’ Rink:

Semin, who has 18 goals and 17 assists in 39 games this season but hasn’t scored since November 28 and has been on injured reserve since January 9, was set to become an unrestricted free agent this upcoming summer. He’ll make $6 million on his current one-year deal for the 2010-11 season.

For more, check out some of George McPhee’s and Semin’s thoughts on the winger re-signing from back in the fall, as well as our Rink Wrap from last summer here and thoughts on his hot start to this season here.

The Capitals are in good shape in terms of the salary cap heading into next season. With Semin’s slight $700,00 raise, the team has $45 8million locked up in 17 players, according to the venerable CapGeek.

For more, check in with Japers’ Rink and SB Nation DC.