Are Caps Done?

Given the Caps' signing of Mike Knuble earlier today and their proximity to the salary cap ceiling, it sounds like the team may be done signing free agents. Asked if that were indeed the case, GM George McPhee said moments ago: "Probably. I said yesterday that we're probably not going to do a lot in free agency unless there was something there that made sense. We did it." But that doesn't mean McPhee won't be working to improve the team (by adding a second line center or veteran defenseman) via a trade. "We'll spend the next couple of months talking to clubs and seeing what other things can be done out there," he said. "If there are other things to do, we'll do them." (link)