Kukla's Korner Hockey

Kukla's Korner Hockey

It's All About Hockey For The KHL And The Memorandum Of Understanding

08/07/2014 at 10:28am EDT

MOSCOW, August 07. /ITAR-TASS/. The extension of the Memorandum of Understanding between the National Hockey League (NHL) and the Kontinental Hockey League (KHL) is particularly important in view of the current global political situation, KHL President Alexander Medvedev said on Thursday.

An agreement to extend for one more year the Memorandum of Understanding, which stipulates respect for contracts of professional players from the both Leagues, was signed on Thursday prolonging it until June 30, 2015. The memorandum is primarily aimed at resolution of disputable situations in case of players’ transfer from the one league to the other.

“It is not a secret that the signing of first such agreement in 2011 was not easy,” Medvedev told an ITAR-TASS correspondent. “Annual prolongations of the memorandum were not smooth as well. I am not going to name the reasons behind as the most important thing is that the agreement was signed and in line with all rights and obligations, which KHL and NHL previously exercised.”

“The signing of the document is particularly important against the background of the current global political situation. It keeps the sport out of politics,” the KHL president said. “I only want to express hope that our foreign partners, who manage ice hockey in the United States, Canada and Europe, will maintain such approach in the future.”

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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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