Posts tagged: memorandum

KHL / NHL – Memorandum of Understanding (aka.. Operation: Respect Each Other’s Contracts)

By , July 7, 2011 6:01 pm
KHL and NHL have come to an agreement of sorts..

KHL and NHL have come to an agreement of sorts..

The KHL and NHL met and discussed measures to help prevent poaching of the leagues’ under-contract players.

Here is the official KHL press release:

The Kontinental Hockey League (KHL) and National Hockey League (NHL) recently signed a Memorandum of Understanding (MoU) that regulates player transitions between the two bodies, respects the professional contracts of players from both leagues and forces both sides to complete a range of procedures to avoid hostility in the transitioning of players from one league to the other.

The MoU’s conclusion marks an important step forward in the relationship between the two most respected hockey leagues in the world. The nine points of the agreement will be effective for the next 12 months and can be reevaluated at the end of that period. Terms of the agreement include the exchanging of lists of contracted and free agent players, each league providing the other their standard contract templates and agreeing to appoint official representatives to conduct negotiations in person in Toronto or New York to resolve any player contract disputes.

Kuklas Korner goes into the agreement a bit deeper in this article here.

Panorama Theme by Themocracy

%d bloggers like this: