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After losing Jay Beagle, Capitals sign younger, cheaper options

Younger and cheaper.

That’s the formula the Washington Capitals stuck with when the franchise lost veterans to free agency last offseason. And after winning the Stanley Cup, it’s a formula the team is sticking with again this offseason.

The Capitals responded to the loss of free agent Jay Beagle Sunday to the Vancouver Canucks by re-signing center Travis Boyd and agreeing to terms with Nic Dowd.

Beagle signed a four-year $12 million deal with the Canucks, who were one of several bidders for the 32-year-old’s services. The price was beyond what the Capitals were willing to pay, given the franchise’s limited salary cap space.