NHL Rejects Kovalchuk's 17-Year Deal

Sly · Jul 20, 2010

...saying it circumvents the salary cap. This actually does not surprise me one bit though I didn't realize he was only to be paid $550k for each of the last 5 seasons. Be interesting to see where this leads.

http://news.yahoo.com/s/ap/20100721/ap_on_sp_ho_ne/hkn_devils_kovalchuk

jeff550 · Jul 21, 2010

cant sy how happy i am, this was phony and we all new it. good for the NHL

G $MONEY$ · Jul 21, 2010

we were just talking about this earlier tonight at work (hours before i just read this news), how we thought that this contract was so long because they were trying to lower their cap hit. guess it was true and good on the league for stepping in and stopping this BS. Now watch Kovy go and sign else where.

thehamiltonian · Jul 21, 2010

I don't think this is going to stand up for very long, I think a very similar deal will still get done for Kovalchuk. The deal just isn't that different from the contracts signed by Hossa, Zetterberg, Luongo and to a certain degree - Pronger.

It might have to be tweaked, but there is nothing in the rules against it, and its ridiculous for the NHL to try to quash one of the long term deals.

G $MONEY$ · Jul 23, 2010

NEW YORK -- National Hockey League Deputy Commissioner Bill Daly today issued the following statement regarding the free agent contract forward Ilya Kovalchuk signed with the New Jersey Devils: "The contract has been rejected by the League as a circumvention of the Collective Bargaining Agreement. Under the CBA, the contract rejection triggers a number of possible next steps that may be elected by any or each of the NHLPA, the Player and/or the Club. In the interim, the player is not entitled to play under the contract, nor is he entitled to any of the rights and benefits that are provided for thereunder. The League will have no further comment on this matter pending further developments."

Welcome to our community

Be apart of something great, join today!

NHL Rejects Kovalchuk's 17-Year Deal

Sly

Active member

jeff550

New member

G $MONEY$

New member

thehamiltonian

New member

G $MONEY$

New member

Similar threads

Members online

Latest posts