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 one-year deals for the next 10 years if he wishes. It gives us flexibility. It gives the player flexibility." The 26-year-old Russian right wing is making $6 million this season. His salary next season will match the per-year amount in teammate Nicklas Backstrom's 10-year, $67 million contract -- at one-tenth the length. Read more: http://sports.espn.go.com/nhl/news/story?id=6064747