New York not willing to mortgage future

Jaromir Jagr might be bound for Broadway, if the Rangers and Capitals can iron out some key details.

Updated: January 23, 2004, 2:35 PM ET
By By Jim Wilkie | NHL Insider
Washington right winger Jaromir Jagr might be bound for Broadway, perhaps by the end of the weekend, if the New York Rangers and the Capitals can iron out some key details to complete a trade.

Recently resumed discussions between the two teams have been on and off since the NHL draft in June, so it could easily fall apart again. The major stumbling block, as has been the case since last year when the Capitals began trying to deal Jagr, is agreeing on how much of the five-time NHL scoring leader's contract Washington will pick up. Jagr has four years and $44 million remaining after this season.

An unidentified team official in the NHL told The New York Times that the Capitals would be "picking up money" on Jagr's contract, but the team would "also be saving a lot."