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NHL Free Agency 2012: Mike Green And Jay Beagle Decline Arbitration

On the same day that the Capitals signed one of their restricted free agents, Mathieu Perreault, to a two-year deal, two other restricted free agents declined to exercise their arbitration rights, according to Mike Vogel of washingtoncaps.com.

So, Capitals general manager George McPhee continues to have a quiet offseason and avoids the awkwardness of an arbitration hearing. It remains likely that Green and Beagle will negotiate new deals with Washington, since NHL general managers are notoriously reluctant to procure offer sheets to restricted free agents and risk losing multiple draft picks as compensation.

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