The season started on September 15, 1998, and finished on February 14, 1999.
The tournament was won by Metallurg Magnitogorsk, who beat HC Dynamo Moscow in an all-Russian final.
The game is best remembered for a tying goal allowed by Metallurg goaltender Boris Tortunov with just 8 seconds remaining, on a slapshot from his own end by Dynamo defenceman Andrei Markov.
[1][2] Metallurg overcame the late setback to win in overtime on a goal by Kazakhstani defenceman Vladimir Antipin.
(Berlin, Germany) (Helsinki, Finland) (Moscow, Russia)