So the team that finally broke the '05 CBA (by signing the first Kovalchuk deal), and then put the first crack in the 2013 CBA (by having Kovy retire and getting out of the 2nd Kovalchuk deal), doesn't even have enough money to pay their salaries?
I had heard grumblings that New Jersey was in rough shape financially, but this is pathetic. For a team that's had the caliber of players they've had in the last 25 years, won multiple cups, and is in a metorpolitan area that should draw a ton of hockey interest, you have to be pretty dysfunctional to not make that work. At least when Atlanta, Phoenix, Dallas, Nashville, etc. have money problems, people can look at that and go "yeah, I can see how that makes sense".