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Ovechkin Lets Capitals Contract Expire
Alexander Ovechkin has refused to renew his contract with the Washington Capitals hockey team. He had received $7.5 million a year for the last five years under that contract. The Russian left winger will become a limited free agent at the end of the season, hoping to receive $10 million per year. That status will allow him to negotiate with any team, but if the Capitals meet the terms he agrees to with another team, he will be required to play for Washington.
Capitals owner Ted Leonsis declined to comment on Ovechkin's decision, but expressed hope that the 22-year-old Russian, one of the leading players of the National Hockey League, would remain with the team. Leonsis spoke live on ABC television in the United States. Ovechkin made his NHL debut in the 2005-2006 season and beat Canadian Sidney Crosby for the title for Rookie of the Year. At present, he is under a so-called rookie contract, which pays him the minimum possible sum.
www.kommersant.com
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