Tkachuk signs one-year extension
SCOTTSDALE, Ariz. - Holdout left winger Keith Tkachuk signed a one-year contract extension Friday, Sept. 25, 1998 with the Phoenix Coyotes, ending a dispute that led to his suspension when he failed to show up for training camp. Terms weren't disclosed. Tkachuk, who had two years left on a five-year contract, had insisted he would return to the fold only if he gained financial concessions in an extension that would place him among the NHL's highest-paid players at his position. The team captain was to get $2.8 million this season and $3 million in 1999-2000 but reportedly wanted a five-year package worth $40 million, an average of $8 million a year. He had rejected two offers, including a three-year extension worth $33 million, an average of $6.5 million a year. Tkachuk will skate with the team Monday morning at the Cellular One Ice Den. The Coyotes will hold a press conference after practice.
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