Tuesday, September 4, 2001
Yashin ready to ink huge deal with Isles
By BRUCE GARRIOCH --
Alexei Yashin could be fitted for a New York Islanders jersey as early
Sources told the Sun last night that the former Senators centre left
Ottawa on the weekend and is expected to appear at a press
conference in New York in the next 48 hours to announce a blockbuster
A highly placed NHL executive said Islanders GM Mike Milbury
and Yashin's New Jersey-based agent Mark Gandler spent the
weekend working out the final details of a deal which could pay
him $90 million (all terms US) over 10 years.
Yashin, who was traded to the Islanders by the Senators at the
NHL entry draft in June in exchange for the No. 2 selection
(Jason Spezza) along with defenceman Zdeno Chara and
winger Bill Muckalt, had been renting ice in Ottawa.
"As far as I know, there's just a few issues left to settle," said the NHL
executive. "I think right now, what they're working on is things like
deferred payments and just the normal language that goes into a
"I know that both sides are anxious to get this done. Yashin doesn't
want to miss training camp and Milbury can't afford to go there
without him. Both sides are going to be able to breathe a huge sigh of
relief once this is completed."
While the deal has been reported to be worth $90 million, another NHL
source said he'd be "very surprised" if the deal is as high as speculated
in newspaper reports across the country.
The word yesterday was that the payment schedule would start at $6
million this year and then elevate to more than $10 million in 2005-06
because at that point, Yashin would be giving up his right to unrestricted
"If he was able to get an average of $9-$10 million per season, then
more power to him, but I just think that the Islanders wouldn't sign that
kind of deal with this kind of player," said the executive.
"I don't know where the $90-million figure first leaked out
but both sides would have been in a tough spot on this because neither
of them could really deny it. Right now, they don't want to admit to
It hasn't been settled what jersey Yashin will wear but it won't be the
No. 90 which has been reported. And it isn't going to be the No. 19
he wore in Ottawa because that number is being retired to honour