Alex Ovechkin signed a 13 year / $124,000,000 contract with the Washington Capitals, including $124,000,000 guaranteed, and an annual average salary of $9,538,462. In 2019-20, Ovechkin will earn a base salary of $10,000,000, while carrying a cap hit of $9,538,462.

Year   Age Status Base Salary Signing Bonus Incentive Cap Hit Cap Hit % Yearly Cash 2008-09 23 $9,000,000 - - $9,538,462 21.59% $9,000,000($9,000,000) 2009-10 24 $9,000,000 - - $9,538,462 17.86% $9,000,000($18,000,000) 2010-11 25 $9,000,000 - - $9,538,462 15.62% $9,000,000($27,000,000) 2011-12 26 $9,000,000 - - $9,538,462 13.22% $9,000,000($36,000,000) 2012-13 27 $5,268,293 - - $9,538,462 14.12% $5,268,293($41,268,293) 2013-14 28 $9,000,000 - - $9,538,462 14.69% $9,000,000($50,268,293) 2014-15 29 $10,000,000 - - $9,538,462 13.91% $10,000,000($60,268,293) 2015-16 30 $10,000,000 - - $9,538,462 13.55% $10,000,000($70,268,293) 2016-17 31 $10,000,000 - - $9,538,462 12.9% $10,000,000($80,268,293) 2017-18 32 $10,000,000 - - $9,538,462 12.33% $10,000,000($90,268,293) 2018-19 33 $10,000,000 - - $9,538,462 11.74% $10,000,000($100,268,293) 2019-20 34 $10,000,000 - - $9,538,462 11.73% $10,000,000($110,268,293) 2020-21 35 $10,000,000 - - $9,538,462 13.28% $10,000,000($120,268,293) 2021-22 36   UFA   Contract Notes: 82 Game 2012 Salary: $9,000,000 After 7/1/14 he can designate 10 teams each year that he will NOT accept a trade to

Year   Age Status Base Salary (Cash) Signing Bonus Incentive Cap Hit 2005-06 20 $688,940 $295,260 $2,850,000 $984,200 2006-07 21 $688,940 $295,260 $2,850,000 $984,200 2007-08 22 $984,200 - $2,850,000 $984,200 2008-09 23 RFA   Signing bonus: $590,520

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