Oates had one year left on his three-year contract. The Capitals were 38-30-14 this season and went 65-48-17 under Oates in his two seasons.
"This is an important time for our organization, and I feel a change is needed in order to get us back to being a top-echelon team that competes for the
"We are also appreciative of Adam's efforts and thank him for his devotion, work ethic and contributions to the Capitals the past two seasons. He is a smart, tactical coach who improved the performance of several of our players."
The Capitals, preseason favorites to finish near the top of the
Since drafting Ovechkin and fellow star Nicklas