Kukla's Korner Hockey
by Paul on 07/15/07 at 02:59 PM ET
Sunday afternoon in July, if you are reading KK you must be hockey hungry.
A KK member pointed out and translated this CBC story and the translation follows…
24 hours after having refused to sign the player transfer agreement between the International Hockey Federation and the NHL, Russia strikes again.
This time, it’s tabling the first draft of a bill that would prevent athletes from using a labor law that allows employees to quit a job with a simple 14 day notice. The new legislation should be in place by January 1 2008.
From now on, players will have to pay a compensation if they leave their team before the end of their contract. This compensation will be valued at two thirds of the total value of the contract. In return, Russian teams will also pay some penalties when releasing a player, something they didn’t have to do before.
The former law enabled the NHL to bring over stars such as Alexander Ovechkin and Evgeni Malkin, who were under contract in Russia. Their old clubs were not compensated financially despite losing their top players.
Through a press release, the President of the Russian Hockey Federation, Vladislav Tretiak, said he hoped the NHL will respect this new legislation.
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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.
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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