Per the team:
The Washington Capitals have signed goaltender Jose Theodore to a two-year contract, vice president and general manager George McPhee announced today. In keeping with club policy, terms of the deal were not disclosed [Note: It's two years at $4.5 million per year].
Theodore, who will turn 32 on Sept. 13, won the Hart Trophy as the NHL’s most valuable player in 2001-02. The 5’11”, 182-pound native of Laval, Quebec, is a 12-year professional who spent the last two seasons with the Colorado Avalanche. He was 28-21-3 with three shutouts, a 2.44 goals-against average and a .910 save percentage in 2007-08, including a 21-13-2 record, a 2.24 GAA and a .919 save percentage in his last 37 starts.
Theodore started 20 of the Avalanche’s last 21 games in 2007-08 en route to his fifth career 20-win season. He ranked fifth among NHL goaltenders with a 2.24 GAA after January 1. Theodore posted a 6-1 record in shootouts this season and has a 9-2 mark in shootouts in his career.
A second-round choice of the Montreal Canadiens in the 1994 NHL Draft, Theodore spent parts of 10 seasons with Montreal, including his Hart Trophy season in 2002. He also won the Vezina Trophy as the league’s top goaltender and made his first of two NHL All-Star Game appearances that year.
Theodore appeared in his 400th career game in 2007-08 and has a career mark of 183-197-40, with a 2.65 GAA and a .909 save percentage. He ranks 10th among active goaltenders in career appearances (444) and 14th in victories (183).