Alexander Mikhailovich Ovechkin is a Russian ice hockey left winger serving as captain for the Washington Capitals in the National Hockey League (NHL). Born on September 17, 1985, Ovechkin is considered one of the greatest goal-scorers of all time. He was picked as the first overall pick in the 2004 MLB draft and made debut during the 2005-2006 season. Notable achievements of Alex Ovechkin include winning the National Rocket Richard Award nine times for the leading goal scorers in the NHL. He also won the Art Ross Trophy for the most points scored and also has been a three-time Lindsay Award winner. He has also been named to the NHL All-Star Game a record breaking thirteen times. Moreover, he was featured in the All-Star Game for a record breaking six consecutive times (2015 to 2020), 13 appearances in total.
In 2018, he won the Stanley Cup for the first time with the Washington Capitals and also received the Conn Smythe Trophy for the league's Most Valuable Player in the playoffs. Lastly he was recognized as one of the 100 Greatest NHL Players of All Time in 2017.
Also Read: Alex Ovechkin Parents
Alex Ovechkin's Contract Breakdown
| Year | Age | Cap Hit | Annual Cap % | Cash | Cumulative Cash |
| 2021-22 | 36 | $9,500,000 | 11.66% | $5,000,000 | $5,000,000 |
| 2022-23 | 37 | $9,500,000 | 11.52% | $10,000,000 | $15,000,000 |
| 2023-24 | 38 | $9,500,000 | 11.38% | $12,500,000 | $27,500,000 |
| 2024-25 | 39 | $9,500,000 | 10.80% | $11,000,000 | $38,500,000 |
| 2025-26 | 40 | $9,500,000 | 10.80% | $9,000,000 | $47,500,000 |
How much is Alex Ovechkin getting paid?
Alex Ovechkin is currently under a five-year contract with the Washington Capitals worth $47,500,000. Notably, for the ongoing 2024-25 season, Alex Ovechkin will be getting paid a base salary of $5,000,000 and a signing bonus of $6,000,000, while carrying a cap hit of $9,500,000 as per Sportrac.
Alex Ovechkin Career Earnings
Alex Ovechkin has made an estimated amount of $150,720,893 from his career. His projected hockey fortune will be $170,720,893 after the compilation of his current contract as per Sportrac.
What are the terms of Alex Ovechkin’s contract?
Alex Ovechkin has a no-trade clause in his contract, meaning the Washington Capitals cannot trade him to other teams without his consent. Other than this, there are no additional terms specified in his contract as per Sportrac.
How much is Alex Ovechkin’s contract guaranteed?
Alex Ovechkin is under a five-year contract with the Washington Capitals for $47,500,000 and the entire amount is guaranteed as per Sportrac.
Alex Ovechkin’s Contract History
Alex Ovechkin was drafted by the Washington Capitals in the 2004 NHL Entry Draft and since then, he has signed three contracts in his NHL career. His first contract was a three-year entry-level contract with the Capitals worth $11,502,600. The second contract that he signed was a thirteen-year-long contract. It was worth $124,000,000 with the Washington Capitals. The third contract was a five-year contract that he signed in 2021 with the Washington Capitals for $47,500,000. The total value of all his three contracts is $183,002,600. Ovechkin will be a free agent after his tenure with the Capitals expires in the 2025-26 season as per Sportrac.
| Year | Age | Contract Terms | Cap Hit | Annual Cap % | Cash | Cumulative Cash | Free Agent Status |
| 2005-2007 | 20-22 | 3 years / $11,502,600 (Rookie) | $3,834,200 | N/A | $3,834,200 | $11,502,600 | RFA (2008) |
| 2008-2020 | 23-35 | 13 years / $124,000,000 | $9,538,462 | N/A | $124,000,000 | $124,000,000 | UFA (2021) |
| 2021-2026 | 36-40 | 5 years / $47,500,000 | $9,500,000 | 10.80-11.66% | $9,500,000 | $47,500,000 | UFA (2026) |
FAQ's On Alex Ovechkin’s Contract
A.Ovechkin is set to earn $5,000,000 and a signing bonus of $6,000,000, while carrying a cap hit of $9,500,000.
A. Ovechkin is under a five-year contract with the Washington Capitals for $47,500,000. His contract will expire after the 2025-2026 season.
A. No, he does not have dual citizenship, Ovechkin has only Russian citizenship.
A. Alex Ovechkin’s current contract with the Nationals is fully guaranteed.
A. He signed a five-year contract with the Washington Capitals for $47,500,000 with a cap hit of $9,500,000. Ovechkin has signed three contracts in his NHL career and the value of all his contracts is 183,002,600.
