Friday, July 31, 2009

Hossa Contract Under Investigation

((HT: TSN))

The National Hockey League is reportedly investigating Marian Hossa's ((Pictured, thanks Gregory Shamus/Getty)) new 12-year contract with the Chicago Blackhawks amid allegations that it circumvents the collective bargaining agreement.

According to the Edmonton Sun, if Chicago is found guilty, it could face a maximum fine of $5 million and the loss of draft picks. Hossa and the Blackhawks allegedly agreed that the star forward would retire before the end of the contract, which would lessen the cap hit on the team.

Hossa's deal is for a total of $62.8 million but is front-loaded, as he will make $7.9 million for each of the first seven years before dropping to $4 million in 2016-17. In the final four years of the contract, Hossa makes a total of $3.5 million.

If he were to retire following 2016-17, the cap hit on the team following that season would disappear.

A four-time All-Star, Hossa led the Red Wings with 40 goals in 2008-09 and was third on the team with 71 points. He added 15 points (6 goals, 9 assists) in 23 playoff games as Detroit lost to Pittsburgh in the Cup Finals.

The Slovakian native has recorded 339 goals and 719 points in 775 career games with Ottawa, Atlanta, Pittsburgh and the Red Wings. He recently underwent surgery to repair a small tear in his rotator cuff suffered during Detroit's playoff run this past season.

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