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UPDATE: Capitals Sign Richard Panik

Update: It’s official – Richard Panik is now a member of the Washington Capitals, signed to a four-year, $11M contract on the opening day of free agency.

Team release:

After trading Andre Burakovsky to Colorado last week and likely moving on from pending UFA Brett Connolly (who reportedly will sign with Florida), the Caps had a need for a new third-line winger; when he met with the media yesterday, GM Brian MacLellan noted that the focus would be on bringing in a replacement via free agency.

Panik, formerly of the Arizona Coyotes, will be playing for his fifth NHL team in eight seasons. The 2009 draftee (52nd overall) of the Lightning also played for Toronto and Chicago before being traded to the Coyotes in 2017-18.

Here’s more from The Athletic’s Dom Luszczyszyn:

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