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Ryan O'Reilly Signs With Magnitogorsk (2-yr deal)
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12-07-2012, 05:28 AM
Join Date: Jan 2010
Originally Posted by
"2 years with verbal out clause which is not legally binding"
Not legally binding out clause in Russia? Risky move Ryan...
you dont know what you are saying.
According to KHL rules verbal(gentlmen) agreements are not binding, written agreements based on civil law are not binding as well, and KHL contract can not have out clause. So the only solution is to have verbal deal - only legal way. Yes, other side can change its opinion, but in generall it has not been happening in KHL.
Last but not least, a player has a right to terminate contract earlier but he has to pay the XY% of remainder of contract to club. What is the problem? Ryan will play for Magnitogorsk 2 seasons or less.
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