When Beagle had his exit interview, he told the Capitals he wanted to come back. They said the same.
The contract extension is worth $1.75 million per season.
Washington could still explore a thin free agent class, but GM has indicated that a trade is more likely to bring what the team seeks.
Ranking the top unrestricted free agents ahead of the NHL's free agent frenzy on July 1.
His value should be between $4.3 and $5 million, but the former Capitals defenseman is likely looking for a deal worth more than that.
General manager says team will see what moves it can make after addressing its three restricted free agents.
Among those who weren't extended qualifying offers, defenseman Patrick Wey plans to retire due to concussions.
"I think we had a good year, but good is the enemy of great," Trotz said. "We’ve got to find a way to be great somehow.”
The Capitals made just four selections for only the second time in franchise history, but added blue-line depth to the organization.
Washington sent its third- and fourth-round picks to New York Rangers for a player it coveted as a first-rounder.
“Our scouting staff as a whole, individually and as a whole, were more than happy to be able to call his name," assistant GM Ross Mahoney said.
A look at the highs and lows from Friday's action in the NHL draft in South Florida
And some Capitals notes on Marcus Johansson, Joel Ward, Tim Gleason and John Erskine.