Capitals Re-Sign Schultz, Add Fahey, Greentree

The Washington Capitals announced today that they have avoided arbitration with defenseman Jeff Schultz and signed him to a four-year contract worth $11 million. The deal averages out to $2.75 million per season. The team also announced that they have signed defenseman Brian Fahey to a one-year contract and left wing Kyle Greentree to a two-year contract. Financial terms of both of their deals were not disclosed. Schultz isn't a bad signing for the Capitals, as he brings plenty of defensive depth and great size to the blueline. Greentree and Fahey are really nothing more than depth signings, as they will likely spend most of next season in the minors.

Rangers and Avalanche Swap Minor-League Defensemen

The New York Rangers and Colorado Avalanche have swapped minor-league defenseman, with the Rangers acquiring Nigel Williams in exchange for Brian Fahey. Williams appeared in 70 games last season for the Lake Erie Monsters of the AHL, scoring seven goals and 14 assists for 21 points and 55 penalty minutes. Fahey played in 66 games for Hartford of the AHL last season, scoring four goals and 20 assists for 24 points and 67 penalty minutes. This is a pretty even trade for both teams, as Williams and Fahey are both offensive-minded defensemen who play with some toughness. Both players will probably start next season in the minors, but could see time with their respected teams if injuries begin to mount.