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Posse81
July-7th-2004, 02:29 PM
http://www.washingtonpost.com/wp-dyn/articles/A33790-2004Jul7.html

Dynamo Wants $2 Million for Ovechkin

Reuters
Wednesday, July 7, 2004; 11:28 AM


MOSCOW, July 7 -- The Washington Capitals will have to pay at least $2 million if they want to see Russian forward Alexander Ovechkin in their uniform this season, his club Dynamo Moscow said on Wednesday.

Washington selected the 19-year-old with the first overall pick in the National Hockey League (NHL) entry draft last month.

Ovechkin still has a year remaining on his Dynamo contract, but has already stated that he wants to play in the NHL this season and the Moscow club said they would not stand in his way.

But since an agreement between the International Ice Hockey Federation (IIHF) and the NHL regarding player transfer fees has expired, the two clubs must agree on a new deal before Ovechkin is allowed to join the Capitals.

Dynamo, however, want compensation which is almost 10 times greater than what they would have had for Ovechkin in the past.

"Under the old deal, we would have got only $200,000 for such a great player like Ovechkin. Such a sum is clearly inadequate," Dynamo president Anatoly Kharchyuk told Russian daily Sovietsky Sport. "We think he is worth at least $2 million."

Ovechkin has already been billed by many hockey experts as the best player coming to the NHL since Mario Lemieux was taken first overall in 1984 by the Pittsburgh Penguins.

The six-foot-two-inch (1.89-metre), 200-pound (91-kg) Russian starred at this year's world ice hockey championship in the Czech Republic and has been included in Russia's squad for the Hockey World Cup to be played later this year.

The new player transfer agreement between the IIHF and the NHL is unlikely to be put in place soon with Russian hockey officials fiercely opposing any compromise.

"Our position is crystal clear: we want to hold on to as many of our players as possible and at the same time we want as much money as possible for those players who decide to go to the NHL," Russian hockey chief Alexander Steblin said last week.

Saint Joe
July-7th-2004, 06:54 PM
A lot more that $2 million is going to be needed for Ovechkin to be in a Capitals' uniform next season, like some successful negotiations between the players and owners.

SkinsHokie Fan
July-7th-2004, 06:59 PM
That hurts

I think Ted though will do whatever he can to get Alex here

panel
July-10th-2004, 12:28 AM
He only has one year left on his contract, and with a holdout pending, joke could be on moscow.

They pick up the tab for him getting an extra year of experiance while the rest of the nhl is locked out, then we are strait for the year after.