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Caps face steep buyout for top pick

Updated: July 12, 2004, 4:33 PM ET
Reuters

MOSCOW -- The Washington Capitals will have to pay at least $2 million if they want to see Russian forward Alexander Ovechkin in their uniform this season, his club, Dynamo Moscow, said Wednesday.

Washington selected the 18-year-old with the first pick in the NHL entry draft last month.

Ovechkin still has a year remaining on his Dynamo contract but has already stated that he wants to play in the NHL this season, and the Moscow club said it would not stand in his way.

But since ...

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