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Alexander Semin signs extension

Updated: January 27, 2011, 4:25 PM ET
Associated Press

WASHINGTON -- Most players prefer the security of a long-term contract. Alexander Semin takes things one year at a time.

Semin signed a one-year, $6.7 million contract extension with the Washington Capitals Thursday, the second straight year he and the team have settled on a 12-month deal for one of the game's most streaky, dynamic scorers.

"Alex was basically comfortable with another one-year deal, and that was fine with us," general manager George McPhee said. "We could do ...

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