« The List. | Home | Scott who?? »
Wang buys out Yashin
By Bethany | June 6, 2007
Charles Wang made the decision yesterday to buy out the remaining 4 years on Alexei Yashin’s contract…this cost them $17.63 Million. Wang is allowed to pay that over the next 8 years. $2.2 million will go against the salary cap over that time. In a statement Ted Nolan, coach of the Islanders said:
“It was a hard decision, but when push came to shove, it was the best decision for this organization to give Yash a nice, fresh start. For us, it’s a new beginning. You start looking for new players to come in. There’s a time for people to move, and we just felt it was the right time.”
Article Found Here
Margee, has already begun rejoicing.
Topics: NHL, New York Islanders |