Ovechkin is slated to make an announcement at 2 p.m. that is believed to involve a new agreement with Bauer. But with GM George McPhee and Ted Leonsis scheduled to attend as well, there’s likely more to it than just skates, sticks and gloves.

Ahead of the announcement, Ovechkin was once again among a growing group of players participating in informal workouts at KCI with 10 days to go before Capitals training camp begins.

In total, 13 skaters and two goaltenders all took part in a lively workout that included timed skating drills led by strength and conditioning coach Mark Nemish. It’s a larger group, including more prominent faces, than were usually back in Washington at this time during previous summers.

Here are the Caps that were on the ice: Alex Ovechkin, Nicklas Backstrom, Tomas Vokoun, Michal Neuvirth, Mike Knuble, Jeff Schultz, John Erskine, Marcus Johansson, Matt Hendricks, Jeff Halpern, D.J. King, Mattias Sjogren, Stanislav Galiev, Dmitry Orlov and Chris Bourque.

--In other news, if prospect Dmitry Kugryshev clears unconditional waivers at noon it will allow the Capitals to terminate his contract. It was announced last week that Kugryshev had agreed to a two-year contract with CSKA Moscow of the KHL.