Defenseman Mike Green has declined the Capitals’ one-year qualifying offer of $5 million but is expected to continue negotiations with the team on a new contract.
Green, who made $5 million in each of his last three seasons with the Caps, had until 5 p.m. on Sunday to agree to the Caps’ offer and when he didn’t he became a restricted free agent able to sign an offer sheet with another NHL team.
Green had previously declined to exercise his arbitration rights. Green played in only 32 games for the Capitals in the 2011-2012 season and has a history of injury. Despite that, general manager George McPhee clearly sees some value in retaining him, and indicated that he expected a deal sooner rather than later.