Former Rangers goalie Henrik Lundqvist joins Capitals on 1-year deal

By 106.7 The Fan

The Capitals are indeed signing longtime Rangers goaltender Henrik Lundqvist on Friday, the official start of NHL free agency, TSN's Bob McKenzie reports.

According to McKenzie, the 38-year-old goalie is expected to sign a one-year contract valued at $1.5 million.

Lundqvist was bought out by the Rangers last week after 15 glorious seasons in New York, where he carved out a Hall of Fame resume and became the sixth winningest goaltender in NHL history (459 wins). 'The King' is 14th all time with 61 playoff wins, although he's never won a Stanley Cup.

Per McKenzie, his deal with the Capitals " would make Lundqvist 'whole' on $4.5M salary he was scheduled to get for 20-21. $3M of it would be in his buyout from the Rangers (paid out over two years) but $1.5M would top him back up to $4.5M total."

McKenzie first reported early Tuesday morning the Caps had emerged as the clear frontrunners to sign Lundqvist once free agency began.

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