Both Karl Alzner and the Capitals are pleased with the contract signed by the defenseman Friday. The deal values Alzner at $1.75 million for the second year of the deal, but the overall contract value still presents a lower cap hit than his previous contract, which provides the Caps with a shutdown defender at a reasonable salary. Much of Alzner's value lies in his defensive prowess so his prospects in fantasy leagues are minimal.

Karl Alzner has agreed to a two-year/$2.57 million contract extension with the Washington Capitals. Alzner had 12 points and was third on the team with 132 blocked shots in 82 games. He's solid defensively, but he shouldn't be counted on to have any fantasy value in 2011-12.

Karl Alzner has been tendered a qualifying offer from the Washington Capitals. The defenseman's agent, J.P Barry, expects to talk contract with the Capitals more this week. Alzner is slated to become a restricted free agent.