TSN TV Schedule TSN2 TV Schedule

Report: Russian league to offer Malkin big-money contract

{eot}
TSN.ca Staff
6/20/2008 2:50:00 PM
Decrease Text SizeIncrease Text Size
Text Size

If the new Russian professional hockey league has its way, the National Hockey League career of Hart Trophy candidate Evgeni Malkin will be pretty short.

According to a report in the Toronto Star, the Russian teams are prepared to offer the Russian-born Malkin a contract that would make him the highest-paid hockey player in the world. The multi-year contract would be worth at least $12.5 million tax free per season, or the equivalent of $15 million per year in the NHL.

"Hey, we can afford to pay more than the NHL right now," a high-ranking executive with the Russian league, called the Continental League, told the Star. "Our economy is commodities-based so we're not going through the same problems that you have in America."

However, Malkin's agent J.P. Barry told the Globe and Mail Friday that he has not received any direct offers from Russia and that Malkin is not interested in returning home.

"He's been focused, since Day 1, on doing an extension with the Penguins," said Barry. "We've had discussions with them, since the end of the playoffs, on a framework and expect to have something done with the team early in July."

The Continental League executive confirmed to the Star that some teams have already offered contract to some players that are already under contract to NHL clubs.

According to the executive, the league is not worried about the NHL legally contesting any contract offers

"What happened with Malkin when he came to the NHL?" the official said.

Malkin was drafted by the Penguins in 2004, but remained in Russia because his club team argued he already had an existing contract. When Malkin eventually joined the Penguins, his club team unsuccessfully filed an antitrust lawsuit against the NHL, again insisting he already had a contract in Russia.

However, International Ice Hockey Federation President Rene Fasel was quick to respond that any tampering with a player currently under contract could be met with consequences.

"Although there will be no imminent Player Transfer Agreement between the IIHF and the NHL, all involved parties are in principal agreement to honour each other's contracts," says Fasel. "The NHL has informed the IIHF that this will be the policy of the league during the period without a PTA, and conversely, the IIHF has obligated its member national federations and leagues to do the same in its relations with the NHL."

"We would view any signing, from either side, of a player under a valid contract, who does not have any legally valid out-clause, to be a clear violation of the mutual understanding and existing principle. It would potentially be punishable with suspended national team eligibility and suspension from all competition or activity organized by the IIHF or any IIHF member national association. This would include events like the Olympic Winter Games, the IIHF World Championship or international club competitions like the Champions Hockey League."

Malkin is eligible to sign an extension with the Penguins as of July 1st. However, should the two parties not agree to terms, Malkin would become a restricted free agent following next season.

Evgeni Malkin (Photo: Bruce Bennett/Getty Images)

zoom

(Photo: Bruce Bennett/Getty Images)
Share This

Share This

Add to FacebookAdd to DiggAdd to FarkAdd to TwitterAdd to Stumble UponAdd to Reddit
Print this Story

Round 2 continues with Toronto's Joffrey Lupul taking on Jake Allen of the St. Louis Blues.
Watch the video and vote for your favourite play!

Eastern Conference Semifinals

(1) Pittsburgh Penguins vs. (7) Ottawa Senators

Penguins lead series 2-1

(4) Boston Bruins vs. (6) New York Rangers

Bruins lead series 3-0


Western Conference Semifinals

(1) Chicago Blackhawks vs. (7) Detroit Red Wings

Red Wings lead series 2-1

(5) Los Angeles Kings vs. (6) San Jose Sharks

Series tied 2-2


Playoff History and Records

NHL on TSN Playoff Fantasy Tracker

TSN TweetBox

Are you ready for the Challenge? Select your roster of 6F, 4D, and 2G each round of the playoffs, and you could win the New 2014 Kia Sorento! Make your picks for ROUND 2 NOW! PLAY NOW!


CURRENT CANADIAN LEADER BOARD

Get in-depth player stats, real-time on the ice matchups, Twitter Trender and so much more. Follow every play for every game.


GameTracker - Full Schedule

Welcome to TSN Predictor: Playoff Edition presented by Kia. Simply build the highest consecutive point streak during the playoffs and you could take home an all-new 2014 Rondo! It's that simple. Pick smart. Win Big.