Alexander Semin Signs One Year Extension

Washington Capitals vs Pittsburgh Penguins in Pittsburgh

As Tarik El-Bashir of The Washington Post reports left wing turned right wing Alexander Semin signed a one year extension worth six million dollars.  Definitely a smart move to lock up a player the caliber of this young man.

Semin receives a slight raise from his reasonable five million dollar salary while avoiding either an arbitration hearing or offer sheet temptation.  The 25-year-old certainly put the production up to deserve a raise, arguably even into the 7 million dollar range.  In his last 91 games the native of Krasjonarsk posted 111 points, well over a PPG range.

What does this mean for Semin?

Earlier in the week there was speculation on Semin, amongst others, moving to Atlanta in a swap for Ilya Kovalchuk.  Although this deal seems incredibly far-fetched and unlikely, signing Semin to an extension would make him more attractive to a team receiving him.

Still this deal feels like one that covers the proverbial butt of GM George McPhee.  By locking up one of the team’s better players he now can move on bolstering this team for the postseason stretch.  With numerous players coming off the books at season’s end and players like Nicklas Backstrom, Eric Fehr and Tomas Fleischmann gaining restricted free agent status this move probably topped the crafty general manager’s to-do list.

If Semin is to put up another successful season and hopefully play 82 games in 2010-2011 he should be more than ready to join the 7 million dollar man club at the very least.  However, with his questionable medical history and lack of playoff experience should the Caps give him a long-term deal?

Well, I seem to remember another special player who missed a significant amount of time due to injury going UFA last year.  That player was Marian Gaborik.  Say Semin finishes this year on a strong note but misses a significant portion of next year.  Essentially he will be in the same boat as Gaborik was this past postseason with plenty of question marks surrounding him.

Only time will tell, but the outcome of this will be incredibly interesting.  Keep checking in here at NHLHS as we continue to monitor this situation. As always thank you for reading and I hope you enjoyed our latest feature. You can help NHLHS stay alive by visiting our sponsors to the left or donating at the donate tab at the top.

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-Alexander Monaghan
NHLHS Founder

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