Continental Hockey League to Compete with NHL

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Gazprom , a company with a market value of $304 billion, has taken the first official steps toward creating a rival to the National Hockey League: " Alexander Medvedev , Gazprom's deputy chief executive officer, and Russian Hockey Federation President Vladislav Tretiak signed an accord in Moscow to create the Continental Hockey League by April 15, the federation said on its Web site [link]

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From Allan Maki at the Globe & Mail, Fetisov, a member of the Hockey Hall of Fame, was quoted on the Russiatoday website endorsing what will be called the Continental Hockey League and include teams outside of Russia. “At the moment, the top players will continue playing in the NHL because they believe it’s the best league in the word,” Fetisov said. “But if ...