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HC CSKA Moscow (the "Red Army Club"), defending Soviet champion, played against the New York Rangers, Montreal, Boston and, on January 11, the defending NHL champion, the Philadelphia Flyers, while Krylya Sovetov Moscow ("the Soviet Wings") played against Pittsburgh, Buffalo, Chicago and the New York Islanders.
Mikhail Pashnin, drafted by CSKA Moscow, was the first player to be drafted in the KHL Junior Draft.
Throughout the history of the Soviet league, Red Army-affiliated CSKA Moscow dominated, winning 32 of the 46 championship seasons.