UPDATE The Capitals formally announced the signing and confirmed the figures below, according to the team website.
“We are pleased to sign Justin to a two-year contract,” general manager Brian MacLellan said in a statement. “We feel he is just entering his prime and has a tremendous upside. We look forward to him working with our goaltending coach Mitch Korn to reach his potential.”
The Capitals are left with roughly $11.7 million in cap space for the upcoming season. The original post is below.
The Washington Capitals have agreed to terms with goaltender Justin Peters on a two-year contract annually worth $950,000, filling the vacancy behind Braden Holtby as the team’s backup, according to an individual with knowledge of the situation.
The 27-year-old Peters comes from the Carolina Hurricanes, where he just concluded a two-year deal with an average annual value of $537,500 against the salary cap. He served as a Capitals nemesis of sorts, going 4-3 against his new team in seven career games with a 11 goals allowed in 394:40 of ice time, a .938 save percentage, including two of his three career shutouts.
In 54 games against non-Washington opponents, Peters went 18-28-8, 177 goals allowed and .900 save percentage.
This checks off one of general manager Brian MacLellan’s major offseason goals, finding a No. 2 goaltender behind Holtby, a 24-year-old who was named the unequivocal starter earlier this offseason. Holtby is entering the final year of a two-year deal with the Capitals worth $1.85 million per season.
The Capitals entered free agency with roughly $12.7 million in space, so signing Peters leaves plenty of room for them to pursue a host of defensive free agency options, including former Pittsburgh blue-liner Matt Niskanen.