With a brand-new five-year contract in hand, Washington Capitals icon Alex Ovechkin now has his sights set on breaking Wayne Gretzky's all-time goal record.

"That's why I wanna play five more years," Ovechkin said, according to Andrew Gillis of NBC Sports Washington. "To have a chance to catch the Great One, why not?"

Having scored 730 goals, Ovechkin is 165 tallies away from breaking Gretzky's mark of 894. He'll need to average at least 33 goals per season during the duration of his new deal to accomplish the feat.

The 16-year NHL veteran has only missed that mark three times, including during the shortened 2012-13 and 2020-21 campaigns. He's scored 50 goals or more in eight seasons, most recently in 2018-19 when he lit the lamp 51 times.