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NHL Rejects Kovalchuk's Contract


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#1 Greatness=PavelDatsyuk

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Posted 20 July 2010 - 08:34 PM

Not a lot out about this yet, but its official at least, guess the NHL doesn't think he will play until he is 44

My linkhttp://tsn.ca/nhl/story/?id=328025

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#2 Hockeytown0001

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Posted 20 July 2010 - 08:34 PM

:lol: :lol:

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#3 HankthaTank

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Posted 20 July 2010 - 08:35 PM

BOOM! LOL Figured as much.
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#4 puffy

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Posted 20 July 2010 - 08:40 PM

Dare I ask what's next? :unsure:

Please not another 7 week negotiation. I'm sick and tired of hearing about Kovalchuk!

Edited by puffy, 20 July 2010 - 08:40 PM.


#5 Tommy_Like_Wingy

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Posted 20 July 2010 - 08:40 PM

I wonder how they're differentiating this from the other contracts like it.

#6 Duck Guy

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Posted 20 July 2010 - 08:42 PM

classic...
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#7 titanium2

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Posted 20 July 2010 - 08:44 PM

:lol:

#8 One4TheWings

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Posted 20 July 2010 - 08:46 PM

Tomorrow at 8pm on TSN. Kovi: The Decision.
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#9 Original-Six

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Posted 20 July 2010 - 08:47 PM

LOOOOOOL.....

and the Kovalchuck drama continues....

#10 toby91_ca

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Posted 20 July 2010 - 08:48 PM

I wonder how they're differentiating this from the other contracts like it.

No other contract took a player to the age of 44 and no other contract trailed off in later years quite as significantly.

Rejecting this deal was an absolute no brainer to me.

#11 Johnny Diamonds

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Posted 20 July 2010 - 08:48 PM

This is bulls***, if the NHL will not allow contracts like this then they at least need to make the salary cap a soft cap with a luxury tax.

#12 Z and D for the C

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Posted 20 July 2010 - 08:49 PM

Good.

If a player signs a contract, before age 35, that has him playing into his 40s, it should count against the cap even if he retires. (Injury exception)

Edited by Z and D for the C, 20 July 2010 - 08:50 PM.

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#13 toby91_ca

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Posted 20 July 2010 - 08:52 PM

This is bulls***, if the NHL will not allow contracts like this then they at least need to make the salary cap a soft cap with a luxury tax.

How is it bulls***? How would you really see this different than a 50 year contract that the player gets paid most of the money in the first 10 years?

Easy to say a 50 year contract is absurd, but this contract is just as absurd. You can point to other "similar" contracts, but with those, there is at least a reasonable chance the players will play out the deals. There is a zero chance this contract would be played out. Also, 95% of the cash is paid a little over half way through the contract......just stupid and obvious circumvention.

#14 edicius

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Posted 20 July 2010 - 08:57 PM

I find this hilarious. Absolutely hilarious. Lou must be fuming.

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#15 EZBAKETHAGANGSTA

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Posted 20 July 2010 - 09:00 PM

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#16 haroldsnepsts

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Posted 20 July 2010 - 09:03 PM

The Devils were basically daring the league to stop this deal and lost.

Aside from signing a player until he's 44, this part is pretty ridiculous too:

Kovalchuk was slated to earn $95 million over the first 10 years of the deal and then just $7 million over the last seven seasons.


That's pretty obvious they were trying to reduce the cap hit.

#17 WingsallTheway

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Posted 20 July 2010 - 09:05 PM

good.

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#18 Original-Six

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Posted 20 July 2010 - 09:08 PM

I find this hilarious. Absolutely hilarious. Lou must be fuming.



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"but Detroit,Vancouver and Chicago did it..."

Edited by Original-Six, 20 July 2010 - 10:22 PM.


#19 Barrie

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Posted 20 July 2010 - 09:13 PM

The Devils were basically daring the league to stop this deal and lost.

Aside from signing a player until he's 44, this part is pretty ridiculous too:

Kovalchuk was slated to earn $95 million over the first 10 years of the deal and then just $7 million over the last seven seasons.


That's pretty obvious they were trying to reduce the cap hit.

Can't blame NJ for trying.
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#20 toby91_ca

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Posted 20 July 2010 - 09:16 PM

I wonder if a new deal will be announced quickly. You have to wonder if NJ might have worked out a couple deals. Try this one and because there was a huge risk of having it not approved, work out another one as well.





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