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IIHF Agreement Close

form Reuters via the Guardian Unlimited,

MOSCOW, May 4 (Reuters) - Russia is expected to reluctantly sign a new transfer agreement brokered by the International Ice Hockey Federation (IIHF) and the NHL on Saturday, ending a two-year boycott that threatened to throw the sport into chaos.
Representatives of the NHL, NHL Players’ Association, the IIHF and the seven top European player-producing nations will meet at a downtown Moscow hotel to the hammer out the final details of a pact that will reportedly pay European clubs $200,000 for every player signed by an NHL team.
According to reports, the 30 NHL clubs will contribute $10-$12 million annually to a transfer pool that will be administered by the IIHF.

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Filed in: International Hockey, | KK Hockey | Permalink
 

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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.

Email Paul anytime at pk@kuklaskorner.com

 

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