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NHL Rejects Kovalchuk's Contract


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#181 egroen

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Posted 26 August 2010 - 10:37 AM

I think its complete B.S. Sure he proably wont be playing at 45 but who are the NHL to say he won't. It's not like it has not happened before.

Then why not 50?
His cap hit could be $2m while making $15m per year! Sweet!
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#182 Doggy

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Posted 26 August 2010 - 05:08 PM

But, if the money was more evenly spread, it wouldn't have been as atractive, from a business point of view, to New Jersey. I would love to see a charge of collusion be laid by the League between Jay Grossman and the Devils.

Of course it's not as attractive when it doesn't circumvent the guidelines of the CBA.
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#183 CaliWingsNut

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Posted 26 August 2010 - 06:01 PM

Rumor I read this morning on twitter was that he's maybe starting season in KHL while continuing to negotiate with NJ/NHL.

Edit:

Why was this negged?

@dchesnokov


There is a chance Kovalchuk will start the season in the KHL (Sep 8), but will come back to the NHL when the contract is done.9:45 AM Aug 26th via Twitter for BlackBerry®



I'm sorry I didn't bother to source the rumor, that's now false from the same source.

Edited by CaliWingsNut, 27 August 2010 - 12:40 PM.

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#184 cusimano_brothers

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Posted 27 August 2010 - 07:35 AM

Hard ball: from TSN :

It appears that a resolution to the Ilya Kovalchuk saga might be closer than many anticipated.

Yahoo!'s Dmitri Chesnokov is reporting that Kovalchuk's Russian agent, Yuri Nikolaev has set a 48-hour deadline with the NHL to resolve his client's contract issues or Kovalchuk will likely play elsewhere this season with the KHL being the most likely option. More calls between all parties are scheduled for the remainder of Thursday.
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#185 toby91_ca

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Posted 27 August 2010 - 09:16 AM

I think its complete B.S. Sure he proably wont be playing at 45 but who are the NHL to say he won't. It's not like it has not happened before.

You're right, there has been a handful of players over the years that have played to that age....who cares if it's only been 4 or 5 guys out of the thousands that have played in the NHL, who cares that there has only been 1 guy in the past 30+ years to play to that age.... :unsure:

#186 Original-Six

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Posted 27 August 2010 - 10:35 AM

Hard ball: from TSN :


Kovy is just blowing it out of his ass. Hes just trying to pressure the NHL into accepting one of the NJ contracts.

#187 mmamolo

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Posted 27 August 2010 - 10:48 AM

But, if the money was more evenly spread, it wouldn't have been as atractive, from a business point of view, to New Jersey. I would love to see a charge of collusion be laid by the League between Jay Grossman and the Devils.

If the money was more evenly spread it over the duration of the contract it would have been MORE attractive to New Jersey (they get the same player for the same duration while paying out less money up front - time value of money) and less attractive to Kovalchuk (money in hand up front is more valuable than money down the road - plus he wouldnt be able to retire early with 95% of the money earned).
Posted Imagewww.unsportsmanlike.ca

#188 CaliWingsNut

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Posted 27 August 2010 - 01:04 PM

Also from @dchesnokov

The latest (last?) Kovalchuk proposal was submitted to the League a couple of hours ago.



No decision yet from the league, from what I heard.


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#189 CaliWingsNut

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Posted 27 August 2010 - 01:09 PM

@wyshynski

Per Puck Daddy's @dchesnokov, source says NHL will approve latest Kovalchuk proposal. No word on terms; waiting for NJD announcement.


Figures don't lie, but liars sure figure. - Mark Twain


#190 Heroes of Hockeytown

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Posted 27 August 2010 - 01:37 PM

I wonder if the newest proposal is actually legit (by whatever standard the NHL uses to judge that sort of thing), or if their hand was forced by Kovalchuk's ultimatum.
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#191 CaliWingsNut

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Posted 27 August 2010 - 01:41 PM

I think we may soon find out...

@dchesnokov

Just as I thought, driving down the I-95 and something happens. Congrats to Kovalchuk, the Devils, the NHL ,and all hockey fans.


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#192 Original-Six

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Posted 27 August 2010 - 02:02 PM

something tells me the NHL caved into Kovalchuks "Ultimatum"

#193 CaliWingsNut

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Posted 27 August 2010 - 02:04 PM

@realKyper

Hearing 100M over 15 years may have sealed a deal.



Edit: many saying NHL has not completed review / decision.

Edited by CaliWingsNut, 27 August 2010 - 02:04 PM.

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#194 CaliWingsNut

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Posted 27 August 2010 - 02:54 PM

Bill Daly confirms new deal submission by Devils. NHL has 5 days to approve or deny the new contract. Posted Image

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#195 cusimano_brothers

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Posted 28 August 2010 - 09:17 AM

As well, a sense of humour; from Ottawa Citizen :

NHL deputy commissioner Bill Daly confirmed Friday the league is reviewing a signed contract and must either approve or reject it within five days. It's believed this contract for the 27-year-old Russian left-winger is worth $100 million U.S. over 15 years, which would mean a salary cap hit of $6.66 million annually. But it's not believed contract approval is a mere formality.
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#196 cusimano_brothers

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Posted 30 August 2010 - 02:06 PM

From Sportsnet :

...
If Kovalchuk's new deal is approved, the Devils will have to shed about $3-5 million in payroll from elsewhere in order to get under the $59.4-million salary cap for this season.


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#197 roboturner

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Posted 30 August 2010 - 09:34 PM

Cap hit of $6.66 million.....on the Devils?!?!

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#198 Buppy

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Posted 31 August 2010 - 01:00 AM

Cap hit of $6.66 million.....on the Devils?!?!

Obviously, they thought they were offering the deal to Miroslav Satan.

#199 Datsyerberger

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Posted 31 August 2010 - 01:15 AM

Obviously, they thought they were offering the deal to Miroslav Satan.


Yea, except for at this point with him it'd probably just be $6.66
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#200 eva unit zero

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Posted 31 August 2010 - 03:29 PM

But, if the money was more evenly spread, it wouldn't have been as atractive, from a business point of view, to New Jersey. I would love to see a charge of collusion be laid by the League between Jay Grossman and the Devils.


Negotiating and agreeing to a contract which is rejected under the premise of cap circumvention is hardly collusion. If it had been Grossman rejecting more attractive deals proposed for Kovalchuk by other NHL teams without Kovalchuk's knowledge, with the intent of signing this deal and Grossman gets a nice payday from the Devils for Kovalchuk staying, THEN it would be collusion.

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