(John McDonnell/The Washington Post)

According to multiple reports out of Russia, Evgeny Kuznetsov’s KHL contract, which wouldn’t have expired until April 30, has been terminated.

With that significant hurdle out of the way, Kuznetsov is scheduled to begin making his way to Washington early Saturday morning according to both Igor Eronko of Sports.ru and Dmitry Chesnokov of Sovetsky Sport and Yahoo Sports.

While the Capitals continue to decline to comment on the 2010 first-round draft pick’s long-awaited arrival in the NHL, they are believed to be closing in on a contract with Kuznetsov. Based on the stipulations in the collective bargaining agreement, Kuznetsov is eligible to sign a two-year entry-level deal with an annual maximum base salary of $900,000.

The Capitals have $358,207 in space under the salary cap as of Friday morning, according to Capgeek.com, but they could easily accommodate Kuznetsov’s contract either by reassigning a forward – Ryan Stoa or Chris Brown — to the AHL’s Hershey Bears or placing one of the growing list of injured players on long-term injured reserve.

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