Thursday, May 10, 2007

Russian hockey doesn't like money

Russia has once again decided not to sign the International Ice Hockey Federation's player transfer deal with the NHL. Under the proposed four-year agreement, the NHL will pay an annual fee of US$12 million to the IIHF for up to 60 player transfers, which means a minimum of $200,000 will be allocated for each player. The Russian clubs want no less than $1 million for top players. Russian teams would rather lose players to the NHL for nothing than sign a contract that pays them what they consider a disrespectful amount of money, according to Russian Hockey Federation President Vladislav Tretiak. Russia has not been part of the transfer agreement for the last two years and has lost 13 players without compensation, including stars Evgeni Malkin and Alexander Ovechkin.

It has been a long time since I took grade 1 math, but from what I recall, you will be better off with any number greater than $0. But I could be wrong year as I spent most of that year eating paste and soiling myself.

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