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Cha-Ching: Ovechkin Inks NHL's First Nine-Figure Deal with Capitals |
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Written by Maury Brown
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Friday, 11 January 2008 19:40 |
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 Alex Ovechkin has made history… and it isn’t on the ice.
The Washington Capitals signed the 22-year old wing to a 13-year, $124 million contract extension yesterday, making Ovechkin the first player in NHL history to garner a contract in nine figures. As reported by the Washington Post: The deal will pay the 22-year-old Russian $9 million per season in each of the first six years, then $10 million per season in each of the final seven. It's the wealthiest contract in Washington sports history and ranks second in NHL history in length behind New York Islanders goaltender Rick DiPietro's 15-year, $67.5 million pact. It also surpasses the contract extension signed by Ovechkin's primary rival, Pittsburgh Penguins star Sidney Crosby, who agreed to five-year, $43.5 million contract in July. "I cannot say how happy I am," said Ovechkin, who through Wednesday's games was tied for second in the NHL in goals with 32. "I didn't want to go nowhere. If I want to go somewhere, I could sign for three years."
Maybe Ovechkin should become a player agent after he retires. He fired his agent in November of ’06 and negotiated the deal with the Capitals himself. Nice bit of work.
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