The free agent signings started off with a bang by the announcement that the deep pocketed Colorado Avalanche have signed both friends Paul Kariya and Teemu Selanne to million dollar one year contracts. The two wanted to play on the same team again since their first stint with the Mighty Ducks. The most shocking news is that they both chose to sign only one year deals, making them free agents again and most certainly affected by the new Collective Bargaining Agreement (CBA) that will be voted on and go into effect in 2004. Subsequent to the retirement of Av's goalie Patrick Roy, Colorado's plan is "the best defense is a good offense!"
The Red Wings signed away one of their rivals best players in Dallas Star's Derian Hatcher. Hatcher was the Stars captain and big hitting defenceman, but Detroit gave him over a suspected million reasons to go home to Detroit. Dallas then announced that franchise Stars player Mike Modano will wear the "C" on his jersey next season.
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