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Caps Sign Jeff Schultz

By Becca H
WASHINGTON - MARCH 30: Jeff Schultz #55 of the Washington Capitals checks Chris Neil #25 the Ottawa Senators at the Verizon Center on March 30, 2010 in Washington, DC. (Photo by Greg Fiume/Getty Images)
WASHINGTON - MARCH 30: Jeff Schultz #55 of the Washington Capitals checks Chris Neil #25 the Ottawa Senators at the Verizon Center on March 30, 2010 in Washington, DC. (Photo by Greg Fiume/Getty Images)
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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.