I forget the specifics of the first two World Cups, but wasn't it largely made up of NHL players? I don't recall if a lot of international teams had players from European leagues (I don't recall much about the last one other than Canada vs. US). Not to mention the KHL and it's big contracts weren't around 20 years ago. KHL teams would be reluctant to send it's players to an NHL/NHLPA organized event for the same reason that the NHL is reluctant to send its players to the Olympics.
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