Per the team:
The Washington Capitals have signed defenseman Jeff Schultz to a four-year contract, vice president and general manager George McPhee announced today. In keeping with club policy, financial terms of the deal were not disclosed.
Tarik reports that the deal is worth $11 million, with Schultz earning $2.5 million a year for the first two years and $3 million a year for the last two. Our Wrap of Sarge's 2009-10 season is here.