NHL rejects Carolina's offer to Fedorov

Archived from 1997-98 season.

Fedorov signs offer with Carolina

NHL teams

Detroit Red Wings

Red Wings schedule

Red Wings transactions

Red Wings roster

Carolina Hurricanes

Hurricanes schedule

Hurricanes transactions

Hurricanes roster

The NHL rejected Carolina's $38 million offer to Detroit center Sergei Fedorov. Arbitrator John Sands will have all parties on a conference call on Wednesday.

"The league did reject the contract because we did not believe it was in compliance with Collective Bargaining Agreement," NHL spokesman Gary Meagher said.

Fedorov is a restricted free agent which gives Detroit a right to match Carolina's offer or accept five first-round draft choices in compensation. Detroit's original deadline is Wednesday, but all depends on arbitration now.

"I do not understand why our offer sheet to Sergei Fedorov was rejected as we have followed all of the guidelines of the Collective Bargaining Agreement," Hurricanes general manager Jim Rutherford said. "We will take all the proper steps to ensure that our offer sheet is valid. The initial step is to immediately bring the issue to an outside arbitrator and we anticipate a quick response."

Hurricanes' offer gives Fedorov a $14 million signing bonus, $2 million in salary and a $12 million bonus if the teams he is on makes the Conference finals. It is much more likely that Detroit makes the Conference finals than Carolina, so that might be one of the sticking points in NHL's point of view.


Contact The HockeyNut - Front Page - Archive

Copyright©1998 The HockeyNut