Browns Raising Season-Ticket Prices Bettman: Flames Need New Arena Dodgers Unveil '15 Ticket Prices AHL Forms Five-Team Pacific Division Seahawks Brand Still Has Room To Grow Rogers Wins World Cup Of Hockey TV Rights Phillies Shake Up Front Office Glendale On Pace To Lose $8.8M On Arena Deal Hornets To Raise Season-Ticket Prices D-Backs' Payroll High For Team, Low For MLB
Upcoming Conferences and Events
NHL NIXES FEDOROV'S OFFER SHEET, CASE GOES TO ARBITRATION
Published February 24, 1998
The NHL ruled Monday that the Hurricanes' $38M offer sheet to Sergei Fedorov was invalid, according to Jason La Canfora of the DETROIT FREE PRESS. The case will be heard by arbitrator John Sands in a conference call Wednesday. The league based its ruling on a clause in the deal that would make a $12M portion of Fedorov's $26M signing bonus payable in whole should the team that signs him make it to the conference finals this year (DETROIT FREE PRESS, 2/24).