Capitals sign Stephenson to 1-year deal worth $1.05M

The Washington Capitals have inked forward Chandler Stephenson to a one-year deal worth $1.05 million, the club announced.

As a result, Stephenson and the Capitals avoid arbitration. A hearing was scheduled for Aug. 1.

CapFriendly first reported the new pact while adding that Stephenson will be a restricted free agent with arbitration rights again next summer. Washington will also get a second buyout window that opens in three days and lasts for 48 hours.

Stephenson was the Capitals' final arbitration candidate after Christian Djoos was awarded a one-year, $1.25-million contract Wednesday following his hearing on Monday.

Across 64 regular-season games in 2018-19, Stephenson recorded five goals and 11 points. The 25-year-old was held off the scoresheet in six playoff contests this spring.

Stephenson has spent parts of the last four campaigns at the NHL level with the Capitals, the team that drafted him 77th overall in 2012.