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. Last Updated: 07/27/2016

Yashin Says Gift Had No Strings

OTTAWA -- Russian-born hockey star Alexei Yashin has denied allegations that he made a huge donation to Canada's National Art Centre as part of a deal that would profit his parents.

Yashin, 25, the captain of the NHL's Ottawa Senators, held a news conference to explain for the first time why he canceled his gift of 1 million Canadian dollars ($660,000) after paying only the first of five annual installments.

Arts center officials contended last week that the donation had been accompanied by a secretive side deal - arranged by the center's former director - that would pay 85,000 Canadian dollars a year to Yashin's parents.

Yashin said his parents never planned to make a profit, and that the deal called for them to be paid only to cover expenses incurred in helping bring top Russian performers to the arts center.