Connolly has signed a one-year, $800,000 contract with the Capitals, reports Gord Miller of TSN.

EDGE Analysis

Connolly had so much promise and there have been so few results. He has never been able to put together a healthy season since before his draft -- it's really too bad because his hands are elite. Connolly will be cheap investment for the Caps and could be a solid waiver grab for savvy owners if he can tap into his potential