Kukla's Korner Hockey
by Alanah McGinley on 07/07/11 at 05:16 PM ET
Over at The Malik Report, George has details of the agreement available. And here is the KHL’s press release on the broad strokes of the newly-signed memorandum:
The Kontinental Hockey League (KHL) and National Hockey League (NHL) recently signed a Memorandum of Understanding (MoU) that regulates player transitions between the two bodies, respects the professional contracts of players from both leagues and forces both sides to complete a range of procedures to avoid hostility in the transitioning of players from one league to the other.
The MoU’s conclusion marks an important step forward in the relationship between the two most respected hockey leagues in the world. The nine points of the agreement will be effective for the next 12 months and can be reevaluated at the end of that period. Terms of the agreement include the exchanging of lists of contracted and free agent players, each league providing the other their standard contract templates and agreeing to appoint official representatives to conduct negotiations in person in Toronto or New York to resolve any player contract disputes.
KHL President Alexander Medvedev and NHL Deputy Commissioner Bill Daly signed the memorandum, which is effective for one year until June 30, 2012.
“We believe that the achievement of a consensus on the status of hockey players in both leagues will reflect positively on the broader development of the sport of hockey,” KHL President Alexander Medvedev said.
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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.
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