The Washington Capitals recent "demotion" of center Michael Nylander to the AHL's Grand Rapid Griffins for a two-week conditioning stint has resulted in a minor resurrection of speculation he could either be traded to another NHL team or perhaps loaned to a European club, possibly in Russia's Kontinental Hockey League (KHL). 

The way I read it, this is a last chance measure for Capitals management to hopefully drum up some interest in the 37-year-old center. 

Two years ago the Capitals signed Nylander, who was coming off an 83-point performance with the NY Rangers in 2006-07, to a four-year contract worth $4.875 milllion against their salary cap per season. 

The thinking was Nylander might mesh well with young Capitals superstar Alexander Ovechkin as a set-up center, and