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Kovalchuk Deal approved

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Cant wait to see the happens to Hossa and Luongo now

First in a epic thread woot

Hossa, Luongo, Savard, etc. are cleared along with Kovalchuk's deal - as per the new agreement. It will be the last of its kind, though, and all future contracts will no doubt be further scrutinized and perhaps denied.

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via Darren Dreger

Kovy's 15yr 100million contract will be approved as is. Others will remain unchanged.

"Will be last of it's kind"

Kyper saying players will no longer be able to use ages 41 and over to circumvent cap.

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I don't agree with a 41+ rule. The league is getting less physical and advances in medical and sports therapy means players will be more effective at older ages. I seriously hope this is a band aid rule, that only lasts till the next NHLPA / NHL contract.

Edit: maybe I should also clarify I don't agree with circumventing the cap to begin with?

Edited by CaliWingsNut
Jesusberg likes this

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The NHLPA is absoulely rudderless right now with no sense of direction. If they don't pull it together soon, they're going to be schooled (again) during the next round of negotiations.

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@darrendreger

5 years now defines a long-term contract.

35 yr old player signs 7 yr deal, the first 5 yrs of determine aav. Cap hit in year 6 + 7 would be actual value of his deal in those yrs.

players 36-40, amount used for aav is a minimum $1 million. (even if actual salary is less).

New rules only apply to contracts negotiated and filed after today's date. They do not retroactively apply to existing contracts.

Edited by CaliWingsNut

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So glad this is over.

I'm not... there's still several weeks to go before pucks start dropping and nothing else in the news.

Edited by CaliWingsNut
MidMichSteve likes this

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100 million dollars... the sum is mind boggling... it boggles the mind...

didn't fedorov get like $12 million just in bonuses from the wings in '02?

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I still wanted him to go to LA, they have a great team over there, with him they would be frightening. The devils just bore me. Oh well.

15 years is crazy.

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Kyper saying players will no longer be able to use ages 41 and over to circumvent cap.

I'm always on the side of the players in CBA's, but I think this is fair.

However I think the wording in this statement should say, Kyper saying owners and general managers will no longer be able to use ages 41 and over to circumvent cap.

It wasn't the players who are doing this, it's the owners and general managers. But the NHL, Bettman, and Daly, are gutless and blame the players.

Edited by Barrie

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I'm always on the side of the players in CBA's, but I think this is fair.

However I think the wording in this statement should say, Kyper saying owners and general managers will no longer be able to use ages 41 and over to circumvent cap.

It wasn't the players who are doing this, it's the owners and general managers. But the NHL, Bettman, and Daly, are gutless and blame the players.

Yes it works in the general manager's and owner's favor, but the players circumventing the cap are the ones getting larger salaries. Don't just blame the management.

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didn't fedorov get like $12 million just in bonuses from the wings in '02?

No that was in 98...after bonuses and what not it was $24M for 43 games including playoffs. His yearly was $2M

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