Cap Friendly: The Washington Capitals have signed forward Chandler Stephenson to a one-year at an AAV of $1.05 million.
Stephenson and the Capitals had an arbitration hearing for August 1st. He’ll be arbitration eligible and again next offseason.
Cap Friendly: The Capitals will now have another buyout window that opens on Monday and goes till Wednesday.
If they are going to buy out someone, they must have a salary of at least $3,445,438 and that player had to have been on their reserve list at the trade deadline.