Skip to content

Report: Club sorts out financing to bring Lundqvist to Sweden

Oct 8, 2012, 2:00 PM EDT

Comments Off
Henrik Lundqvist Getty Images

Could one of Sweden’s biggest hockey stars soon be coming home?

Rangers goalie Henrik Lundqvist — a former standout in the Swedish Elite League — has been a target of SEL team Frolunda, the team he starred for at the junior and senior levels before coming to New York in 2005-06.

Now it appears Frolunda has overcome a big financial obstacle in bringing its local hero home.

From the New York Times:

This weekend Frolunda has put together financing to cover the cost of Lundqvist’s insurance, which is estimated at about $30,000 a month to protect the remaining two years and $13.75 million of his Rangers contract, according to reports from the Goteborgs-Posten and other Swedish news outlets.

All N.H.L.-paid insurance policies on players are suspended for the duration of the lockout, so separate insurance is necessary, and it is expensive.

Lundqvist was the Elitserien M.V.P. while leading Frolunda to the 2005 championship. He has said a number of times in recent weeks that he would consider returning there during the lockout. If he does, his insurance will be covered by a consortium of sponsors, a common practice among European clubs signing N.H.L. players during the lockout.

The Times reached out to Lundqvist’s agent, Don Meehan, who said there was “nothing to report” on Lundqvist and Frolunda — but if the club’s history is any suggestion, there could be soon.

Frolunda is one of only two SEL clubs to sign a locked-out NHLer after the league’s informal ban on the practice was overturned (Frolunda signed Matt Duchene, MoDo signed Alex Steen).

Hiring NHL players on a short-term basis is still a contentious issue in Sweden, even though the ban was declared illegal under Swedish and European labor law in September.

As such, several Swedish players have opted to play in other leagues in the interim — Detroit’s Henrik Zetterberg joined Swiss club EV Zug, Dallas’ Tom Wandell signed in the KHL and Erik Karlsson joined Finland’s SM-lliga.

Latest Posts
  1. Sharks say Scott adds ‘element of security’

    Sep 21, 2014, 11:05 PM EDT

    John Scott AP

    Head coach Todd McLellan thinks he can play, at least.

  2. Canes’ LaRose explains hiatus: ‘I fell out of love with the sport’

    Sep 21, 2014, 10:10 PM EDT

    Florida Panthers v Carolina Hurricanes Getty Images

    “But sometimes you have to lose what you have to realize what you had.”

  3. Injuries piling up as preseason schedule begins

    Sep 21, 2014, 9:40 PM EDT

    New York Rangers v Philadelphia Flyers - Game Four Getty Images

    Players nursing bumps and bruises as camps wrap.

  4. Stoll (hip) hopes to play at least one Kings preseason game

    Sep 21, 2014, 9:00 PM EDT

    2014 NHL Stanley Cup Final - Game Two Getty Images

    “In a perfect world, it would be three.”

  5. Wild’s Yeo is already getting excited about Vanek

    Sep 21, 2014, 7:31 PM EDT

    Wild Vanek Hockey AP

    “He’s thinking usually two or three plays ahead.”

  6. It sure seems like Byfuglien would rather play on Jets’ D

    Sep 21, 2014, 6:09 PM EDT

    Winnipeg Jets v San Jose Sharks Getty Images

    “God, defense was just so much fun though.”

  7. Report: Coyotes assess first-rounder Perlini’s broken hand

    Sep 21, 2014, 4:49 PM EDT

    Arizona Coyotes Rookie Camp Getty Images

    The team’s still trying to determine if surgery is necessary.

  8. Sens play it safe with Ryan after he collides with Turris

    Sep 21, 2014, 3:48 PM EDT

    Brandon Sutter, Bobby Ryan AP

    He won’t play in either of Ottawa’s Monday exhibitions games.

  9. Flyers’ Laughton likely headed to Lehigh Valley

    Sep 21, 2014, 3:02 PM EDT

    ScottLaughton Getty Images

    Seasoning in the AHL should serve the 20-year-old well.

  10. Schenn moves to center in Philadelphia

    Sep 21, 2014, 11:30 AM EDT

    Brayden Schenn Getty Images

    With Giroux out, Craig Berube juggles lines.

  11. Hemsky adjusting to life in Dallas

    Sep 21, 2014, 10:31 AM EDT

    Toronto Maple Leafs v Ottawa Senators Getty Images

    Not at Oilers camp for the first time in his career.

  12. Jenner at center begins Sunday

    Sep 21, 2014, 9:30 AM EDT

    Boone Jenner #38 of the Columbus Blue Jackets skates against the New York Islanders at the Nassau Veterans Memorial Coliseum on October 5, 2013 in Uniondale, New York. The Blue Jackets defeated the Islanders 3-2 in the shootout.
(October 4, 2013 - Source: Bruce Bennett/Getty Images North America) Getty Images

    Columbus looking at options with Johansen not at camp.

  13. Report: Johansen has gotten no shortage of KHL offers

    Sep 20, 2014, 11:36 PM EDT

    Columbus Blue Jackets  v Pittsburgh Penguins - Game Two Getty Images

    The restricted free agent seems to be at an impasse with Columbus.

  14. Merrill day-to-day with ‘wind taken out of him’ after head hit

    Sep 20, 2014, 11:01 PM EDT

    Jon Merrill Getty Images

    Devils GM Lou Lamoriello said he’s “fine,” but he initially said the same of Clowe when the player had a concussion.

  15. Versteeg looks to rebound from ‘brutal’ finish to 2013-14

    Sep 20, 2014, 10:05 PM EDT

    Los Angeles Kings v Chicago Blackhawks - Game Two Getty Images

    The knee injury he sustained during the lockout shortened season might be partially to blame for his struggles.

  16. Luongo’s ‘mind is at ease’ in Florida

    Sep 20, 2014, 9:07 PM EDT

    Roberto Luongo Getty Images

    That’s after years of being the center of a goaltending controversy in Vancouver.

  17. Championship Kings reunited after short summer

    Sep 20, 2014, 8:09 PM EDT

    Justin Williams Getty Images

    Can they be the first repeat winners since Detroit in 1997-98?

  18. Could Burns bounce between forward and defense?

    Sep 20, 2014, 6:07 PM EDT

    BrentBurns3

    Do Thornton and Marleau disagree with coach Todd McLellan on this point?

Sign up for Fantasy hockey

Top 10 NHL Player Searches
  1. C. Giroux (1112)
  2. J. Quick (1070)
  3. B. Ryan (1056)
  4. N. Horton (1048)
  5. J. Drouin (1015)