The final contract question of the Capitals’ off season was answered today, when an arbitrator awarded Shaone Morrisonn a one-year, $1.975 million dollar contract. This is generally felt to be a very fair deal for both sides however it does create a Salary Cap crunch for the Capitals.
DMG has a pretty good article on the Cap implications and several likely alternatives over at The Caps Blue Line, though picking on John Erskine for his relatively paltry 537K salary seems a bit misguided. The real issue is the Caps have a lot of talent on the team and whether you choose to point to Federov's $4M salary; Nylander's $5+M salary, or even Ovechkin or Green's large salaries, this (a salary cap crunch) was inevitable once the Caps had a contender whether it was built from within or via trade. Just be glad we aren't overpaying for two #1 Goaltenders.... Seriously, the good news is the Caps have a wealth of talent, think of the Cap issues we'd be looking at if we had Huet and Kolzig's salary cap hits to deal with - not quite what Chicago is looking at but close. The bad news? - the Caps will likely have to try and put someone down to Hershey after training camp who may not clear waivers. Of all the problems and concerns Caps management and fans could have had, this is probably the best of them and easiest to deal with.
Can't wait till next season. LETS GO CAPS!!!!