Ovechkin joins Dynamo Moscow amid NHL lockout MOSCOW (Reuters) - Alexander Ovechkin has become the latest high-profile player to return to Russia since the NHL announced a lockout on Sunday when he signed a contract with his former club Dynamo Moscow. Several big-name Russian players have taken advantage of the work-stoppage in North America to move across the Atlantic and join the rival Kontinental Hockey League (KHL). New Jersey Devils forward Ilya Kovalchuk signed a lucrative deal with big-spending SKA St Petersburg on Tuesday while three other players, including NHL MVP Evgeni Malkin, joined Metallurg Magnitogorsk at the weekend. Colorado Avalanche goaltender Semyon Varlamov said he was returning to his former club Lokomotiv Yaroslavl, who have assembled a new team this year after their entire roster was killed in a plane crash that left 44 people dead last September. Ovechkin, who celebrated his 27th birthday on Monday, has decided to rejoin Dynamo despite an even bigger offer from wealthy city neighbours CSKA, local media reported. The Washington Capitals left wing, who won back-to-back Hart Trophies as the NHL Most Valuable Player in 2008 and 2009, took part in a Dynamo training session after completing a medical, the club said on their website (www.dynamo.ru) on Wednesday. Ovechkin made his professional debut for Dynamo at aged 16 in 2001, helping them to the league title in 2004-05. After being selected first overall by the Capitals in the 2004 NHL Entry Draft, he moved to Washington the following year. The exodus of top NHL talent is expected to continue, with Detroit Red Wings center Pavel Datsyuk and Philadelphia Flyers goalie Ilya Bryzgalov, among others, reportedly ready to sign with KHL teams in the next few days. Reporting by Gennady Fyodorov; Editing by Ken Ferris