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The NHL and the newly formed Russian Continental Hockey League (abbreviated KHL) agreed today at a meeting in Zurich to respect the validity of player contracts across all borders.

The immediate impact of the agreement will be to put an end to KHL teams offering big money to NHL players if they walk out on the remaining years of their NHL contracts.

In the long-term, this agreement will serve to stimulate the rapid globalization of the game of hockey.  The possibility of a 2012 Hockey World Cup was reportedly discussed but no concrete plans were made.

Is it out of the question to ponder the possibility of a worldwide league within a decade where the winner of the Stanley Cup would meet the winner of the Gagarin Cup in a yearly World Championship??

Read the full article here.

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