Truth & Rumors > NHL
Ovechin 'insulted' by Caps offer
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07:04 AM ET 12.31 | The Capitals aren't willing to pay the price to keep Alexander Ovechkin. At least not yet. Sources say Caps GM George McPhee "insulted" Ovechkin by offering a five-year, $37.5-million deal. Ovechkin thumbed his nose at the offer. It's believed Ovechkin, who fired agent Don Meehan and is representing himself, wants $9-$10 million a season.
Alexander Ovechkin, AP
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