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2012 NHL Free Agency: Mike Green Re-signs With Capitals For 3 Years, $18.25 Million

After turning down the Capitals' intial qualifying offer to him, defenseman Mike Green has re-signed with the Washington Capitals, agreeing to a three-year, $18.25 million extension. Despite missing much of last season with injury problems, Capitals general manager George McPhee is hopeful that the 26-year old can be an asset going forward under new coach Adam Oates.

We are pleased to re-sign Mike Green to a new contract, Mike is one of the best young defensemen in the National Hockey League and is just entering his prime. He will continue to be a key part of our team moving forward.

Green played in 32 games last season and recorded seven points on three goals and four assists, but managed to have a plus-five rating overall. The hope here is that with a full offseason of recovery, Green will come back for the 2012-13 season and recapture the form that got him named as a finalist for the Norris Trophy (Defensive Player of the Year) twice.

Stick with this StoryStream for news updates and more from the Capitals 2012 free agency. For all things Capitals, check out Japers' Rink.