What happened: Capitals general manager Chris Patrick praised Ryan Leonard after Washington finalized the player's eight-year extension. The contract is worth $84 million and carries a $10.5 million average annual value.

Why it matters: The move locks in a major future cap commitment ahead of the upcoming season and deepens Washington's investment in a player the club views as years from his prime. It also reinforces the same eight-year, $84 million agreement as preseason business shifts toward roster decisions.

What to watch: Watch for Leonard's first public comments on the extension and any added contract details from the club. Washington's next cap moves will show whether more long-term business is coming before the season.