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NHL Rejects Federov Offer Sheet

February 23, 1998

DETROIT (AP) _ The Carolina Hurricanes’ $38 million, six-year offer sheet to Detroit center Sergei Fedorov was rejected by the NHL, Red Wings general manager Ken Holland said today.

The Red Wings had until 10:30 p.m. EST Wednesday to match the contract, work out a trade or decline to match it and accept five first-round draft picks.

The contract calls for Fedorov to receive a $14 million signing bonus, $2 million in salary and $12 million if his team makes it to the conference finals this year. That means he could receive $28 million in four months.

Holland had been quoted today’s editions of The Detroit News as saying the Red Wings would announce Tuesday whether they would match Carolina’s offer.

Fedorov had hinted he might not play for Detroit if the Red Wings decided to match. He reportedly is upset about comments made about him by Wings and fellow Russians Igor Larionov and Vyacheslav Fetisov made over the summer.

Larionov and Fetisov said in August that they were disappointed that Fedorov had rejected their invitation to accompany them when they brought the Stanley Cup back to Russia. Fedorov has said he was not invited and that he did not want to go because of defenseman Vladimir Konstantinov, who was still hospitalized with injuries sustained in a limousine accident six days after the Wings won the Stanley Cup.

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