SBD/24/Franchises

NHL NIXES FEDOROV'S OFFER SHEET, CASE GOES TO ARBITRATION

          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).

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