Found June 29, 2012 on Rock the Red:
The Washington Capitals enter the free agency period on July 1 with several question marks and holes to fill.  General Manager George McPhee has already named a head coach and acquired the much-needed #2 center in Mike Ribeiro.  The team's next steps are filling out the rest of the roster and coaching staff, all while assuming business as usual which might not be the case come September.  The good news for the Washington Capitals is the salary cap is set at $70.2 million for next season.  That's assuming of course there is a next season or that the Collective Bargaining Agreement that is agreed upon for next season even includes a salary cap.  Assuming no changes to the salary cap, the Capitals currently have $49.4 million tied up in two goalies, five defensemen, nine forwards, one injured player and one buyout.  That means the Capitals have approximately $21 million left to sign their existing restricted free agents and targeted unrestricted free agents.  Read on for the C...
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