Alex Ovechkin signs 13-year contract with the Washington Capitals
 |
Bill Jempty | Friday, January 11, 2008 |
It is Hockey’s first 9 digit contract.
WASHINGTON (AP) — Alexander the Great has a contract worthy of his nickname — the first $100 million deal in NHL history.
Alex Ovechkin signed a $124 million, 13-year contract extension Thursday with the Washington Capitals, a handsome reward for the charismatic Russian who has been a nonstop goal-scorer since coming to the NHL in 2005.
*****
It’s not the longest deal in NHL history — Rick DiPietro signed for 15 years with the New York Islanders — and it doesn’t set the record for largest average salary, but it is the league’s first contract to guarantee nine digits of income.
Long-term contracts like this if guaranteed are highly risky. One injury and a team can be paying through the nose for someone unable to play again. Ovechkin is a great player, but if I was a GM, I wouldn’t like the gamble.
- Roberto Luongo signs 12-year extension with Vancouver Canucks
- Cowboys Re-Sign Newman to 6 Year, $50.2 Million Deal
- QB Matt Cassel signs six year deal with Kansas City
- NFL’s Meaningless Contracts Good for the Game?
- Seahawks Might Lose Hutchinson UPDATED
- Witten Signs Extension with Dallas
- Alabama gives Nick Saban a contract extension through 2017
- Albert Haynesworth gets 7-yr, $100M deal from Washington Redskins
- Cowboys Sign McBriar to 5 Year, $8.5 Million Deal
- NFL Labor Deal: What Does it Mean?
- Arizona State Baseball Coach Pat Murphy resigns
- Clipping their wings- Florida Panthers beat Detroit 2-1
- LA Clipper announcers suspended for one game
- Backup power- Miami Dolphins beat Carolina Panthers 24-17
- Steve Elling of CBS Sports is jealous
- Detroit Lions put two defensive backs on Injured Reserve
- The Dirty Dozen- Milwaukee Bucks beat New Jersey 99-85
- Outdueled- Florida Panthers beat Buffalo 6-2
- Collision Course: LPGA and Champions Tour in Oregon on Same Week
- Cleveland Brown QB Brady Quinn fined by NFL
Comments are Closed
