You can now put down your paper bags. Braden Holtby has finally re-signed, inking a five-year, $30.5 million contract. The multi-year deal will keep the Holtbea$t in Washington until 2020.

Under new goaltending coach Mitch Korn last season, Holtby was pretty good at the hockey, finishing first in the NHL in total saves (1887), second in wins (41), second in shutouts (9), and seventh in save percentage (.923). He tied Capitals records for games played (73), wins (41), and shutouts (9). He was sensational in the playoffs too. He finished fourth in the race for the Vezina trophy.

Today’s signing on the line which is dotted ends a longer-than-anticipated process of locking up the 25-year-old goaltender, even though really, this always happens with restricted free agents. After targeting Holtby as his number one priority in June, GM Brian MacLellan could not get Holtby to sign until a day after the two sides’ arbitration hearing in Toronto Thursday. Holtby had asked for $8 million while the team countered at $5.1 million.

$6.1 million though seems pretty good to us. Welcome back, Holtsy.

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Braden Holtby’s Ask: $8 Million. Per Year.

Photo: Amanda Bowen

Reuters’ Tim Wharnsby reported an update on the pending arbitration hearing between the Capitals and RFA goaltender Braden Holtby. According to Wharnsby, the Caps offered Holtby $5.1 million, which is just $2.9 million south of Holtby’s reported initial ask: $8 million.

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Last week, the Washington Capitals tore down the giant banner of Mike Green that hung over the parking deck adjacent to the Ballston Common Mall. On Friday, they unfurled a replacement banner: Braden Holtby.

That should be comforting to fans who are nervous about Holtby’s contract situation.

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Source: Braden Holtby and Caps Are Close On Deal

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A source familiar with the situation tells RMNB that restricted free agent Braden Holtby and the Capitals are close to agreeing to a new contract that will keep the Lloydminster, Saskatchewan goaltender in Washington for a long time. We’re told that the Caps and Holtby’s camp are about $1 million apart in yearly salary, but term is not an issue. The Caps want him closer to $5 million per year, while Holtby wants around $6 million.

According to the Capitals’ Mike Vogel, Sunday is the deadline for NHL players to file for arbitration. That date will likely encourage a deal as both sides want to get this done.

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We already told you that Alex Ovechkin took home the Rocket Richard Trophy for the fifth time and Braden Holtby finished fourth in voting for the Vezina Trophy. But there are a few other juicy tidbits from the NHL Awards ceremony that we missed.

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Carey Price won the Vezina Trophy as the league’s best goaltender, but when the league released the full voting, there was a fun tidbit. Caps netminder/awesome-beard-grower Braden Holtby finished fourth in total voting, two points away from getting a free trip to Las Vegas. Holtby got seven second place and five third place votes.

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All the Juicy News About Caps Free Agents

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Baby, come back!

ESPN’s Craig Custance dropped a big old newsbomb on Caps free agency today, providing updates on the team’s plans for everyone from Braden Holtby (spoiler alert: good news!) to Mike Green (spoiler alert: also good news, depending on your perspective!).

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Braden Holtby: 2014-15 Season Review

Hello. This is the Braden Holtby season review, and I’m going to begin by saying I TOLD YOU SO.

This article is less a real review and more of a shameless celebration of Holtby, who is elite.

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Photo: Monumental Network

The Washington Capitals have a bunch of free agents headed into July 1st, and there’s no player more important to re-up than franchise goalie Braden Holtby. Holtby had a career year, leading the NHL in games played (73) and total saves (1,887) while also being second in wins (41) and shutouts (9). In the playoffs, Holtby was somehow even better, having an initial 8-game stretch that was the best in NHL goaltending history.

On Sunday, Sportsnet’s Elliotte Friedman said that there is a belief that the Caps want to lock up Braden Holtby long term. Per his 30 Thoughts column:

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