Ovechkin signing has hurdles to clear

Ovechkin signing has hurdles to clear
September 18, 2012, 7:47 pm
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As you might expect, working out a contract for AlexOvechkin is not an easy task.Four years after agreeing to a 13-year, 124 millioncontract with the Capitals, Ovechkin is trying to hammer out a one-year dealwith Dynamo Moscow of Russias Kontinental Hockey League.Ovechkins agent told Soviestsky Sports Pavel Lysenkov onTuesday that an announcement could be made on a one-year deal for Ovechkin onThursday or Friday.Apparently, the delay is being caused by Ovechkins requestthat Dynamo insures his current contract, which reportedly carries a monthlypremium of 100,000. If Ovechkin signs at the maximum allowed under KHL rules 65 percent of current NHL salaries hell earn in the neighborhood of 6million this season. Ovechkin told Sovietsky Sport that unless the NHL withdrawsits proposal for drastic salary reductions, he anticipates the lockout wipingout the entire NHL season. If the NHL continues to insist on their demands, thenit will take a full year, Ovechkin said. Thats because we are not going tocave in. Then I will spend the entire season in the KHL. It's an absolutereality.Asked how he feels about Ovechkin playing in Russia, Capsnew coach Adam Oates deftly danced around the question, telling ComcastSportsNets Jill Sorenson, You want them to keep skating.