Red Sox Willing To Go Over Luxury Tax Threshold NHL, NHLPA Aim For Big Money World Cup Hurricanes Seeing Smaller Crowds So Far Orlando City's Rawlins Still A Fan First Columbus Approves $250,000 For All-Star Game Franchise Notes Red Sox Spend Big With Ramirez, Sandoval Wayne Gretzky Returns To IMG Flames Close To Arena Announcement? Bills Say Stadium Will Be Ready For Sunday
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).