Mike Green Gets Pay Raise, Signs Three-Year, $18.25 Million Deal
After declining the Capitals’ one year, $5 million qualifying offer yesterday, restricted free agent Mike Green agreed to a three-year, $18.25 extension early Monday which will keep the two-time Norris trophy nominee in Washington through the 2014-15 season.
Despite only playing in a combined 81 games over the past two seasons and seeing his role with the team diminish, General Manager George McPhee thought enough of Green to give him a $1 million pay raise – or approximately 294 Vespas – to buy out the first two years of his free agency. The 26-year-old defenseman will earn $6 million in 2012-13 and 2013-14 and $6.25 in 2014-15 for an annual cap hit of $6.083 million.
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