Kukla's Korner Hockey
from Darren Dreger of TSN,
According to the terms of the agreement, Ovechkin has what is described as a “modified no trade clause.”
Prior to July 1, 2014 the Capitals have the luxury and sole discretion of trading Ovechkin to any team in the league.
However, the language in the contract goes on to read that during the month of June 2014, Ovechkin can provide Washington with a list of up to 10 NHL teams to which he does not want to be traded to during each of the seasons after July 1, 2014, commencing with the 2014-2015 season.
more, and yes, my sources are telling me Ovechkin may still be moved this season…. There, we got it out of the way and if any hockey fans reads it again, don’t believe it.
from Rick Westhead of the Toronto Star,
The fact is, the NHL would have been far better off had Ovechkin been allowed to bolt Washington as a restricted free agent this summer to join an NHL team in Chicago, New York, Los Angeles, Philadelphia, or New York – cities where Ovechkin’s talents would have been better used to help raise the NHL’s profile.
“Flagship franchises are the key to any retailer – sports or otherwise. Apple Store and Nike World were created on 5th Avenue in New York,” said Tony Chapman, a Toronto sports marketer. “The NHL needs to populate their flagship franchises with their top players.”
from Scott Burnside at ESPN,
“We know him through really bad times. We’ve been through fire together,” Leonsis said. “I couldn’t think of a better face for our franchise.
“Our fans love Alexander Ovechkin. Our fans didn’t love Jaromir Jagr.”
Whether the fact that Ovechkin is a home-grown talent, or the fact he signed on for a 13-year tour of duty with the Caps of his own volition, makes any difference to a hockey market that has distinguished itself with its own indifference, is unknown.
The only thing that is for certain is that Leonsis won’t have to worry about second-guessing himself, even if it cost him $124 million for that satisfaction.
“You can talk to me after we win a Cup,” he said.
Ovechkin and Jordan Staal wore microphones during a recent game against each other…
Watch the video…
from George Johnson of the Calgary Herald,
Upon hearing of the enormous contract extension his friendly rival signed on Thursday, you can just see Crosby between periods of the Pittsburgh Penguins’ game at Tampa, screwing up his face, tightening his fists, and letting out with another stammer:
Is Ovechkin worth $124 million over 13 years? Is anyone? He beat Crosby to the Calder, scores buckets of goals, beautiful goals, and comes across as a genuinely engaging, effervescent presence in a sport populated more and more by the bland and the suspicious. Still, even with his deeds of derring-do, the sad sack Capitals are tied for 27th in a 30-team league, and quite probably doomed to miss the playoffs for a fifth consecutive season.
via RDS (translated),
Alexander Ovechkin is in Washington to stay. RDS a appris que le jeune attaquant russe vient de signer une prolongation de contrat de six ans d’une valeur de 54 M$ avec les Capitals. RDS has learned that the young Russian striker recently signed a contract extension of six years with a value of $ 54 million with the Capitals.
Earlier today, Alexander Ovechkin, accompanied by family and an attorney, walked into the Washington Capitals’ team offices in Arlington, Va., reviewed with counsel terms for a new contract with the club, and agreed to a six-year pact that will pay him $54 million.
Update: 3:18pm ET: TSN is citing the same reports.
update 3:31pm, TSN added to their link…
Contract negotiations between the Capitals and leading scorer Alexander Ovechkin continue a deal has yet to be reached.
added 4:04pm, from the AOL Fanhouse,
But hold one one second: TSN is now reporting that no deal has been reached and that negotiations are continuing. The bottom line: Stay tuned as we finally learn the fate of the player who has scored more goals in the NHL over the last three years than any other.
UPDATE: Kurt Kehl, the team’s Vice President of Communications is denying the story. Stay tuned for updates.
Update 4:25pm From Tarik El-Bashir, Capitals Insider:
I checked with one of my sources late last night at Verizon Center and was told that “the atmosphere is right” for a deal to come together, but he stopped short of confirming that terms had been reached or that a deal was imminent.
Update 5:32pm More from Capitals Insider,
Update:I can confirm that talks are going on right now at the Caps headquarters. But I’ve been told by my sources to refrain from going with the numbers that are out there right now.
added 5:52pm, via the Washington Capitals,
The Washington Capitals will announce a new contract with left wing Alex Ovechkin at an 8:30 p.m. news conference at Verizon Center, immediately following the team’s Meet the Team Party for season-ticket holders.
added 6:59pm, 13 years, $124M!!!
from Mike at Dump and Chase,
The line between rumors and lies is becoming blurred in rapid fashion. Not sure whether the bigger wingnut is the one making the stuff up or the ones who regularly visit to read it.
Make sure to check out Mike’s profile if you don’t know who he is.
From Ted Leonsis of the Washington Capitals,
No mention of our team can pass, it seems, without noting Alex Ovechkin’s contract status, and I can tell from postings in the blogosphere and message boards that this has a lot of fans worried. I respect Alex and George McPhee’s commitment to keep the negotiations out of the media and frankly have wondered who is making up some of the things I have read. As I have stated on numerous occasions, we couldn’t be more impressed with Alex as a player and a person and we expect him to be in D.C. for a long, long time.
I don’t have much to add, but want to say this: We love Alex Ovechkin.
lots more… on the Caps, from prospects to television revenues to logos
Update 4pm ET: Yesterday, Leonsis discussed this same issue on XM Radio. Interview mp3 can be downloaded here.
from Wes Goldstein at CBS Sportsline,
It’s enough to cause a lot of headaches in several front offices in the weeks and months ahead. Here’s a look at 10 situations most likely to do so:
1. Alexander Ovechkin: It’s hard to imagine the Washington Capitals will let their franchise face go under any circumstance, but Ovechkin has already reportedly rejected a deal worth $7.5 million annually and will almost certainly get an offer sheet approaching the maximum $10 million per season if he hits the open market.
Washington center Nicklas Backstrom, who led all rookies with 14 points (five goals, nine assists) in 13 games as the Capitals posted their best month on a points percentage basis since February 2001, has been named the NHL Rookie of the Month for December.
Backstrom edged Chicago Blackhawks linemates Jonathan Toews (5-7—12 in 12 games) and Patrick Kane (2-7—9 in 12 games), Phoenix Coyotes center Martin Hanzal (1-8—9 in 14 games) and Atlanta Thrashers defenseman Tobias Enstrom (0-9—9 in 16 games) for the award.
About Kukla's Korner Hockey
Paul Kukla founded Kukla’s Korner in 2005 and the site has since become the must-read site on the ‘net for all the latest happenings around the NHL.
From breaking news to in-depth stories around the league, KK Hockey is updated with fresh stories all day long and will bring you the latest news as quickly as possible.
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