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Friday, June 10, 2005

nhl- Rookies to take a Hit

from the Toronto Globe and Mail, Arguments rage about what will eventually make up the next collective agreement between the National Hockey League's owners and players but both sides agree on one thing -- rookies are about to take a stinging hit on salaries.
Unlike Ilya Kovalchuk, who earned an estimated $14-million (all figures U.S.) over his three-year entry-level contract, emerging stars such as Sidney Crosby and Alexander Ovechkin may have to settle for something like $4.8-million, which would be spread over four years if the demands of the NHL owners are met....read on...