Ovechkin Addresses Capitals Contract Extension

NHL star's future with Washington franchise remains uncertain as season resumes after Olympics

Published on Feb. 28, 2026

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The Washington Capitals face an uphill battle to make the playoffs as the NHL season resumes after the Milano Cortina Winter Olympics. With no more room for losses, the team also has the looming question of whether star player Alex Ovechkin will re-sign with the franchise.

Why it matters

Ovechkin is the face of the Capitals franchise and one of the biggest stars in the NHL. His decision on whether to stay with the team or explore free agency will have major implications for the Capitals' future and their ability to remain competitive in the league.

The details

In a recent interview, Ovechkin acknowledged that he and his family need to discuss his contract situation with Capitals owner Ted Leonsis, but said no decision has been made yet about his future with the team.

  • The NHL season resumes after the Milano Cortina Winter Olympics.

The players

Alex Ovechkin

A star player for the Washington Capitals who is considering his contract options as the team fights to make the playoffs.

Spencer Carbery

The head coach of the Washington Capitals.

Ted Leonsis

The owner of the Washington Capitals.

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What they’re saying

“No, I don't know yet. We have to make a decision. We have to talk with the family, with Ted Leonsis, and then we'll see.”

— Alex Ovechkin (wn.com)

What’s next

The Capitals will need to determine Ovechkin's future with the team as they fight to make the playoffs in the second half of the season.

The takeaway

Ovechkin's contract situation is a major uncertainty hanging over the Capitals as they try to turn their season around and secure a playoff spot. His decision could have a significant impact on the franchise's long-term outlook.