Henrik Lundqvist has found himself a new home as the veteran goaltender is signing with the Washington Capitals on a one-year deal worth $1.5 million.
Lundqvist had the final year of his contract bought out by the New York Rangers last week, ending a 15-year reign in the Big Apple. His previous contract carried an $8.5-million cap hit but he was only owed $5.5 million in total salary for the 2020-21 season.
The 38-year-old put up a 10-12-3 record in 30 games in 2019-20 with a 2.52 goals-against average and a .905 save percentage as he saw his playing time decrease with the emergence of Alexandar Georgiev and Igor Shesterkin.
Lundqvist broke into the NHL with the Rangers in 2005-06 and is the team's all-time leader in several goalie statistics, including games played (887), wins (459), save percentage (.918) and shutouts (64).
