The Free Press’s Carlos Monarrez suggests that the Red Wings took time choosing whether to retire Sergei Fedorov’s #91 because of the $28 million offer sheet he signed with Carolina in 1998, as well as the bitter divorce between Fedorov and the team when he left for Anaheim in the summer of 2003:
I never got to know Mike Ilitch, but anyone who knew him would tell you that his two overriding characteristics as a team owner were his willingness to spend to get a winner and the importance of loyalty.
So it must have hurt Mike Ilitch when Fedorov, fresh off leading the Red Wings to their first Stanley Cup in 1997, was a lengthy contract holdout to start the next season. In February 1998, he signed a draconian contract offer sheet with the Hurricanes, who were owned then by Ilitch’s Detroit business rival Peter Karmanos.
It’s hard to explain how bitter the rivalry was between Ilitch and Karmanos in the 90’s. They were all but mortal enemies, battling on the hockey scene with the Little Caesars amateur team battling the mighty Compuware franchise, and Ilitch and Karmanos trading barbs in the media…
The offer sheet was designed to force Ilitch’s hand and penalize the Wings’ playoff success financially, which it did by forcing Ilitch to pay Fedorov a whopping $28 million for 43 games. Of course, to Red Wings fans, that must have felt like a bargain after Fedorov helped the Wings win their second straight Cup and led the playoffs with 10 goals.
I can only imagine Mike Ilitch must have felt about Fedorov’s contractual power play with Karmanos the way Michael Corleone felt about Tessio betraying him by joining Barzini and Tattaglia in “The Godfather.”
After Mike Ilitch matched the offer sheet he couldn’t refuse, Fedorov burned him one more time and perhaps more hurtfully when he spurned a five-year, $50 million offer made personally by Ilitch to join the Mighty Ducks of Anaheim in 2003-04. After 13 years in Detroit, Fedorov was gone.
And don’t forget it was Mike Ilitch who approved all the work the Wings put into helping Fedorov defect in July 1990.
Again, it’s hard to say what happened in 2003, because Fedorov and his agent, Pat Brisson, insisted that the Red Wings pulled that $50 million offer off the table, forcing him to take the Ducks’ 6-year pact…
Monarrez also notes the following about Chris Ilitch’s Red Wings…
Fedorov was a marvel and watching him was often worth the price of admission alone. And if you want to attend the ceremony in January, you’ll have to pony up because the ticket is part of a five-game package. And it’s only fitting that it comes against the Hurricanes.