WASHINGTON, DC - MARCH 29: Goalie Semyon Varlamov #1 of the Washington Capitals looks up after giving up the game clinching goal in a shootout against the Carolina Hurricanes at the Verizon Center on March 29, 2011 in Washington, DC. (Photo by Rob Carr/Getty Images)

Semyon Varlamov Traded To Colorado Avalanche In Exchange For Draft Picks In 2012, 2013

The Semyon Varlamov quagmire is officially over and he is not headed to the KHL. Instead, the Caps traded him to the Colorado Avalanche in exchange for draft picks.

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Semyon Varlamov's Statement Says Brief, Kind Things About Washington Capitals

Via Katie Carrera of Capitals Insider, the North American agent (emphasis mine) for ex-Capitals goalie Semyon Varlamov has issued a statement from the netminder:

"I want to take this opportunity to say - Thank you to the Washington Capitals organization, the coaching, training and medical staff and the wonderful Caps' fans for their support throughout my career and wish the organization nothing but the best."

As was pointed out in this space yesterday, the differentiation needs to be made between Varlamov's North American agent and Russian agent. His Russian agent would have you believe every team in the KHL is outbidding each other for his client's services. His North American agent is buying him Denver guidebooks and helping him pack for his flight to Colorado, the NHL city Semyon was traded to on Friday for a 2012 first-round pick and an additional second-round pick after the two sides could not reach agreement on a new contract.

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Semyon Varlamov Traded To Colorado Avalanche In Exchange For Draft Picks In 2012, 2013

UPDATE: Reports have Varlamov signing with the Colorado Avalanche for two years for a total of $5.5 million.

With all of the rumors swirling around goaltender Semyon Varlamov and the possibility of him going to play in the KHL, he's headed to Denver instead.

The Washington Capitals have traded Varlamov to the Colorado Avalanche in exchange for a first-round pick in the 2012 NHL Draft and a second-round pick in either the 2012 or 2013 NHL Draft.

For weeks now, reports surfaced that Varlamov would head to Russia to play for a team in the KHL and a source told ESPN.com Thursday that the Caps did not plan to trade him. Yet, neither of those are true as Varlamov will head to the Avalanche. The Caps and Avalanche have exchanged several players in recent years as Tomas Fleischmann, Scott Hannan and Matt Hendricks have played for both teams.

General manager George McPhee said Tuesday that the Caps would move forward in net with either Varlamov, Michal Neuvirth and Braden Holtby or with just the last two. Neuvirth and Holtby are likely to be the goaltending tandem for Washington next season.

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Russian Report: Semyon Varlamov Signs With SKA St. Petersburg Of KHL For $4 Million

According to a report from Russia's Sports.ru, Washington Capitals goaltender Semyon Varlamov has signed with SKA St. Petersburg of the KHL for at least $4 million.

This has not been confirmed by the Caps and the team has a long-standing policy not to comment on ongoing contract negotiations. Varlamov is a restricted free agent and cannot sign elsewhere until Friday at 12 p.m. EDT when free agency begins around the NHL.

KHL club Lokomotiv Yaroslav owned Varlamov's rights when he left for the NHL, but a battle with SKA - whose president, Alexander Medvedev, happens to be the president of the KHL - ensued over those same rights.

Such speculation continues to run rampant over Varlamov's future. An earlier report from ESPN.com stated that a source has said that the Caps will not look to trade Varlamov. As said before, none of this has been confirmed and more information will be added as it becomes available.

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Report: Washington Capitals Have No Plans To Trade Semyon Varlamov Despite KHL Rumors

UPDATE; Reached via email, a Caps spokesman said that they will not comment on players' ongoing contract negotiations per team policy and have no additional comment at this time.

Despite the rumors and reports that Washington Capitals goaltender Semyon Varlamov will leave the team for the KHL, a source has told ESPN.com that the Caps have no plans to trade him.

A report from Yahoo Sports' Dmitry Chesnokov earlier this week said that Varlamov would choose the KHL over a return to the Caps, but none of this can be cemented until Friday at 12 p.m. EDT, when NHL free agency officially begins.

If Varlamov does indeed decide to leave the Caps and play in the KHL next season, they will retain his NHL rights. The Caps presented Varlamov with a qualifying offer Monday, which prevents him from becoming an unrestricted free agent Friday. If Varlamov decides to sign with another NHL team - which seems uncertain at this point - the Caps would receive draft pick compensation.

General manager George McPhee told reporters Tuesday that all three goalies - Varlamov, Michal Neuvirth and Braden Holtby - will be the only goalies that they have next season, saying that it will either be "the three that we have or the two that we have."

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Report: Semyon Varlamov To Leave Washington Capitals, Head To KHL

It looks like the end of the quagmire between the Washington Capitals and Semyon Varlamov is in sight.

Via Yahoo Sports' Dmitry Chesnokov, Varlamov's agent has told Pavel Lysenkov of Sovietsky Sport that the goaltender has chosen to join the KHL instead of remaining with the Caps. The specific KHL team was not specified.

The Caps have not released any sort of statement, so this continues to be speculation. During a brief press conference at Kettler Capitals Iceplex Tuesday, general manager George McPhee admitted that Varlamov's future with the team was uncertain:

"We've negotiated. I don't know any more than you do at this point, whether it will happen or not."


The Caps extended a qualifying offer to Varlamov Monday, which means that Washington has the right to match any offer that Varlamov receives from other NHL teams. If Varlamov signs with another NHL team, the Caps would receive draft pick compensation. Yet, if he signs in the KHL, the Caps will receive nothing, but the Caps would control his NHL rights.

This story will be updated as more information becomes available.

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Semyon Varlamov's Offer From KHL Is For $2 Million, According To Report

Semyon Varlamov continues to make noise about possibly signing in the Kontinental Hockey League in Russia instead of re-signing with the Washington Capitals. Varlamov is a restricted free agent, and according to a previous report, he is set on leaving Washington to pursue a starting job elsewhere. Now, we have a little more of an idea over what his KHL offer is.

According to Dmitri Chesnokov of Yahoo! Sports' Puck Daddy, Varlamov is being offered $2 million a season to sign in the KHL. The situation is somewhat complicated because SKA Saint Petersburg has tried to lure Varlamov, but Lokomotiv Yaroslavl controls his KHL rights. This process has angered Lokomotiv. According to Chesnokov, Lokomotiv has no intentions of trading Varlamov's rights, and there's a bad history between the two teams. If Lokomotiv is bluffing, then Varlamov could sign with Lokomotiv, then be dealt to SKA and have him be offered more money

Regardless, this may give the Capitals a better chance of retaining Varlamov, especially if Lokomotiv is being serious with its demands. The team gave him a qualifying offer, and $2 million is probably not too much more than what the Capitals could offer to the restricted free agent. Is it worth it for Varlamov to spend a couple years away from the NHL and potentially damage NHL relationships over a small difference? We may soon find out.

For more, visit Japers' Rink.

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Report: Semyon Varlamov, Washington Capitals Could Part Ways This Week

With NHL free agency set to begin Friday, the Washington Capitals have a bevy of both restricted and unrestricted free agents to re-sign. But according to Dmitry Chesnokov, goaltender Semyon Varlamov may not be one of them.

Varlamov is unlikely to re-sign with the #Caps, I learned. The resolution will take place before July 1.less than a minute ago via web Favorite Retweet Reply

 

With the acquisition of Troy Brouwer from the Chicago Blackhawks during Friday's first round of the 2011 NHL Draft, the Caps now have nine "regulars" that will become free agents Friday (Brouwer, Varlamov, Marco Sturm, Jason Arnott, Brooks Laich, Boyd Gordon, Matt Bradley, Scott Hannan and Karl Alzner).

Even with an inflated salary cap, keeping Varlamov seems to not be a priority for the Caps. Varlamov appeared in only 27 games last season while fighting several injuries and earned a 11-9-5 record with a 2.23 GAA and .924 SV%. In his absence, Michal Neuvirth and Braden Holtby rose to the occasion, with Neuvirth putting a stranglehold on the starting position and Holtby gaining invaluable NHL experience.

In a report from last week, Varlamov said that he would take less money to stay with Washington and that he felt confident that he could win back his starting position. Yet, if Chesnokov's report holds true, it looks like the Caps have lost their confidence in him.

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