Gretzky's first contract with Oilers for sale

Updated: November 18, 2005, 11:41 AM ET
Associated Press

TORONTO -- The first contract Wayne Gretzky signed with the Edmonton Oilers -- for $25,000 -- could end up being worth that much in an auction.

The 10-year deal Gretzky, now the coach of the Phoenix Coyotes, signed on Jan. 26, 1979 -- his 18th birthday -- is up for bidding on New York-based sports auction service, the Globe and Mail reported Friday.

The contract is a three-part document signed by Gretzky, his father, Walter, Oilers general manager Larry Gordon and club owner Peter Pocklington. It was signed when the Oilers were still part of the World Hockey Association.

"This is one of the three originals," Lelands president Michael Heffner told the newspaper. "Wayne Gretzky would have received one; one would have gone to the Oilers; and this one went to the WHA league office. After the WHA disbanded, the materials they had were disbanded, too."

Bidding on the contract will close on Dec. 16.

Copyright 2005 by The Associated Press