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As of June 1, 2008 he has not, but I'm assumuing in July he will be gone, the coaching staff has made that pretty clear. Emery became an Unrestricted Free Agent on July 1, 2008. Eight days later, he signed a one year, $2 million contract to play for Atlant Mytishchi in the Russian KHL.

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Q: Has Ray Emery been released from the Ottawa Senators yet?
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