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    July 15, 2008

    Caps Briefing: Fedorov Underfunded?

    2008_0715_federov.jpgThe Washington Capitals announced last week that they've signed Sergei Fedorov to a $4 million contract for the coming season. Citizens State Bank, a Michigan financial institution, announced today that they are suing Fedorov for $2 million in unpaid loans.

    Fedorov, who won the Hart trophy as the NHL's MVP in 1994, has made a lot of money in his time. He once earned $12 million dollars for writing his name. He's widely considered to be fairly well off. He once donated an entire year's salary to a Detroit area children's charity that bears his name.

    Fedorov is the Caps' team leader, mentor, elder statesman and role model. The former MVP teaches the team's young Russian stars how to play responsibly in every aspect of the game of hockey. We just hope he won't be giving them financial advice.

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