Capitals, Schmidt agree to two-year extension

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The Washington Capitals announced that they have signed a two-year, $1,625,000 contract extension with defenseman Nate Schmidt.

Schmidt’s deal is one-way and will pay him $750,000 next season and $875,000 in 2016-17. That works out to be an annual cap hit of $812,500.

The 23-year-old defenseman was never drafted, but he excelled at the University of Minnesota. In 2012-13 he was part of the All-WCHA First Team after leading all defensemen with 41 points. He finished in a tie for third among NCAA blueliners in the scoring race in the subsequent campaign with 32 points in 40 contests.

He had a goal and four points in 39 contests in 2014-15 with Washington. He also recorded three goals and six assists in 19 AHL contests.

With Schmidt locked up, the Capitals now have six blueliners inked to one-way deals. Mike Green, John Erskine, and Tim Gleason are eligible to test the unrestricted free agent waters this summer.