George McPhee

Nashville Predators acquire Date Washington Capitals acquire
Jeff Nelson
August 19, 1998
future considerations
Calgary Flames acquire Date Washington Capitals acquire
2000 9th round pick (#289-Bjorn Nord)
future considerations
August 7, 1998
Rick Tabaracci
Colorado Avalanche acquire Date Washington Capitals acquire
1998 3rd round pick (#79-Evgeny Lazarev)
June 27, 1998
1998 4th round pick (#106-Krys Barch)
 1998 4th round pick (#107-Chris Corrinet)
 1998 5th round pick (#118-Mike Siklenka)
Washington Capitals acquire Date Tampa Bay Lightning acquire
1998 3rd round pick (#59-Todd Hornung)
1999 2nd round pick (#29-Michal Sivek)
June 18, 1998
Bill Ranford
Toronto Maple Leafs acquire Date Washington Capitals acquire
Sylvain Cote
March 24, 1998
Jeff Brown
Washington Capitals acquire Date Florida Panthers acquire
Esa Tikkanen
March 8, 1998
Dwayne Hay
 conditional 1999 pick (#103-Morgan McCormick)
Chicago Blackhawks acquire Date Washington Capitals acquire
Martin Gendron
 1998 6th round pick (#166-Jonathan Pelletier)
October 10, 1997
1998 5th round pick (#125-Erik Wendell)
Calgary Flames acquire Date Washington Capitals acquire
Eric Charron
September 4, 1997
future considerations (1998 7th round pick (#179-Nathan Forster))