Capitals re-sign Alex Ovechkin for record 22nd season

Driving the news: Ovechkin, who turns 41 in September, agreed to a one-year deal worth a $4.25 million average annual value, including a $1 million salary, a $3.25 million signing bonus and up to $4.75 million in games-played bonuses.

What he's saying: "I'm back!" Ovechkin said in a statement. "I'm excited to come back and join my teammates so we can fight for a playoff spot and have a chance to win."

By the numbers: Ovechkin enters his 22nd season with 929 career goals — the most in league history.

• Last season, he scored 32 goals and 64 points while playing all 82 games.
• He also became the first NHL player to reach 900 regular-season goals.
• Ovechkin will surpass Senators legend Walter Johnson, who spent 21 seasons in Washington, as the longest-tenured athlete in D.C. professional sports history.

The big picture: Ovechkin has defined an era of Capitals hockey, leading the franchise to its first Stanley Cup in 2018 while becoming the face of the sport in Washington. His longevity has coincided with a boom in local youth hockey participation — the so-called "Ovechkin Effect."

What's next: Ovechkin, Monumental Sports chairman Ted Leonsis, GM Chris Patrick and president Brian MacLellan will discuss the extension during a virtual news conference Monday.