The Washington Capitals announced Monday afternoon that they've re-signed defenseman Mike Green to a three-year, $18.25 million contract. General manager George McPhee said that Green will earn $6 million in the first two years of the deal and $6.25 million in 2014-15. The deal hits the salary cap at $6.08 million per year.
"Mike is one of the best young defensemen in the National Hockey League and is just entering his prime," McPhee said in a statement. "He will continue to be a key part of our team moving forward."
The 26 year old played just 32 regular season games with the Capitals last year, missing 47 games primarily with groin problems. He also suffered an ankle injury in November and was suspended three games in March. Green played 14 playoff games for the Capitals, finishing second on the team's blueline in postseason scoring.
Green was a restricted free agent and had rejected the Capitals one-year qualifying offer. According to Yahoo!, that offer was worth $3.5 million in base salary, totaling $5.25 million after a signing bonus.