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Gretzky's first contract with Oilers for sale

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 Lelands.com, 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.