The ban on transfers came following a complaint from Metallurg, based in the Urals city of Magnitogorsk, 900 miles east of Moscow. They suggested disqualifying the 20-year-old player, who defected to the National Hockey League's Pittsburg Penguins last month in violation of contractual obligations to Metallurg.
The head of the arbitration committee, Natalia Ovchinnikova, said: "The decision has been made based on the laws of the Russian Federation as well as on local regulations and provisions of Malkin's contract [with Metallurg]."
Malkin signed with Pittsburg Penguins, who pledged to pay him $984,000 a season and a potential $2.85 million in bonuses, after he left his team on a trip in Finland and flew to the U.S.
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