Kukla's Korner

The Official Word On Kovalchuk Contract

Blog: KK Hockey By Paul

via NHL.com,

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.”

Filed in: NHL Teams, New Jersey Devils, NHL Talk, NHLPA, | KK Hockey | Permalink
  Tags: ilya+kovalchuk

The Line In The Sand Has Been Drawn

Blog: KK Hockey By Paul

from Eric Duhatschek of the Globe and Mail,

At some point, the NHL decided to draw a line in the sand and it just happened to be this time, right now. It doesn’t mean the Devils and Kovalchuk’s happy marriage cannot go forward. It just means it cannot go forward as the contract is currently structured.

much more...

added 11:16pm, from John MacKinon of Sweatsox at the Edmonton Journal,

There’s also no denying this has the potential to get messy, especially with the NHL Players’ Association sniffing around former MLB union head Donald Fehr, he of the head-in-sand approach to performance-enhancing drugs.

A child of five can see that a 27-year-old man signing a 17-year contract will have long since retired by the time that deal hits its expiry date. Which is as good a reason as any for NHL commissioner Gary Bettman to declare the deal null and void, meaning Kovalchuk remains a free agent and the next deal he signs will have to have at least a toehold on reality.

more

added 11:29pm, via Rich Hammond of LA Kings Insider,

Dean Lombardi said tonight that the Kings would remain interested in signing Kovalchuk should the opportunity present itself, but it’s likely that the union will get involved and seek to uphold the deal. The real question is, how long will this whole process take?

Filed in: NHL Teams, New Jersey Devils, | KK Hockey | Permalink
  Tags: ilya+kovalchuk

While Lou Is Losing His Mind, Stevie Is Hitting His Stride

Blog: Abel to Yzerman By VooX

When I read the Chief’s post today I was going to write a similar post to this one to break up the Chopper Willa talk around here, but I was too busy during the day to write it up.  Just about an hour ago the story got a whole lot more interesting… sometimes patience is a virtue.

From the mainpage:

NHL deems Kovy contract “a retirement contract”. Says it “artificially drops cap hit”. Also states its too overloaded the first 10 yrs

More from the mainpage via TSN:

The NHL has rejected Ilya Kovalchuk’s 17-year, $102 million contract with the New Jersey Devils on the grounds that it circumvents the NHL’s salary cap.

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 would translate to an annual cap hit of $6 million per year.

You can almost see the veins on Lou Lamoriello’s massive scalp throbbing from here.

Continue Reading »

Filed in: | Abel to Yzerman | Permalink
 

Report- League Rejects Kovalchuk Contract

Blog: KK Hockey By Paul

via Nick Kypreos tweet,

Word I’m hearing is the league has rejected Kovalchuk 17 year NJ contract… Stay tuned….

added 9:34pm, via Ryan Rishaug tweet,

Acc to gord miller. Kovalchuks contract rejected by nhl for cap circumvention

added 9:40pm, Tom Gulittie tweets,

Devils owner Jeff Vanderbeek says he had not heard anything about contract being rejected.

GM Lou Lamoriello declined comment.

added 9:41pm, Another Kypreos tweet,

NHL deems Kovy contract “a retirement contract”. Says it “artificially drops cap hit”. Also states its too overloaded the first 10 yrs

added 9:42pm, Gulitti with another tweet,

I can confirm, via a source, that Kovalchuk contract has been rejected

added 9:57pm, John Shannon tweets,

contract is viewed as a circumvention of the CBA…contract would have to be restructured and re-filed.

added 10:03pm, via TSN,

The NHL has rejected Ilya Kovalchuk’s 17-year, $102 million contract with the New Jersey Devils on the grounds that it circumvents the NHL’s salary cap.

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 would translate to an annual cap hit of $6 million per year.

added 10:29pm, via Darren Dreger tweet,

If the NHLPA grieves the leagues decision, the contract remains dead until an arbitrator decides otherwise.

added 10:46pm, via James Duthie tweet,

Best guess: Devils/Kovy could restructure, but agents I spoke to figure Kovy likes his deal just the way it is, and will ask PA to grieve.

Filed in: NHL Teams, New Jersey Devils, | KK Hockey | Permalink
  Tags: ilya+kovalchuk

Not The Real World

Blog: KK Hockey By Paul

from John Branch of the New York Times,

Beyond the security guard at the closed door of the news conference, the midday din of a struggling city could not be heard.

But a block away, over on chaotic Broad Street across from City Hall, about 20 workers picketed and blew whistles. They wore signs, sandwich-board style, that read “Put Newark to Work” and “Living Wages Would Stop Foreclosures in Newark.” The unemployment rate in Newark, New Jersey’s largest city, was estimated at 13.5 percent in May. It was 9.5 percent across the country.

Joe Rizzo, an organizer from the Laborers’ Union, said he had heard something about the Kovalchuk deal. For the Devils, right?

“What gets me a little upset is when you relate it to what’s happening in the real world,” Rizzo said.

The juxtaposition of Kovalchuk’s deal was striking, on the streets and in the headlines. Like the hyper-hyped LeBron James free-agent sweepstakes a couple of weeks earlier, the Kovalchuk announcement felt like an unseemly fantasy diversion amid the rat-a-tat news of unemployment, foreclosures and battered school budgets.

read on

Filed in: NHL Teams, New Jersey Devils, | KK Hockey | Permalink
  Tags: ilya+kovalchuk

Again, It Sounds Like Detroit Or Retire For Modano

Blog: KK Hockey By Paul

from Mike Heika of the Dallas Morning News,

Modano said there still are times when he has doubt, and he needs to make sure that’s not there. Modano said he and representatives from Octagon Sports have had conversations with management from Minnesota and San Jose , but that they have not set up any visits or meetings with the Wild or Sharks. He said he has had a ton of conversations with Detroit, and that coach Mike Babcock has been very persuasive. Babcock told nhl.com last week that he felt Modano would indeed play in Detroit, where he was born and grew up….

Modano said Babcock has been just as energetic in person, and he said that’s a great feeling. Babcock might just be the most respected coach in the NHL right now. He led Team Canada to a gold medal at the 2010 Olympics, and for him to say he believes Modano can be an important part of a very good Red Wings team is intoxicating.

“Definitely,” Modano said. “He’s a great coach, and he’s very serious about making this work. That’s one of the reasons I am taking this seriously. I know what will be expected, and I want to make sure I can do it.”

more

Filed in: NHL Teams, Detroit Red Wings, | KK Hockey | Permalink
  Tags: mike+modano

Feaster On The Job

Blog: KK Hockey By Paul

from the CP at TSN,

Jay Feaster is prepared to butt heads if he has to with Flames general manager Darryl Sutter.

“He can’t have a harder head than John Tortorella did,” the new assistant general manager insisted Tuesday. “It can’t be.”

The combative Tortorella was Feaster’s coach when the two won the 2004 Stanley Cup together with the Tampa Bay Lightning. The Lightning beat the Flames in seven games to take the championship that year.

Feaster was hired earlier this month to work alongside the strong-willed Sutter next season.

“I like those old-school guys,” Feaster said in his first face-to-face meeting with Calgary media.

continued

Filed in: NHL Teams, Calgary Flames, | KK Hockey | Permalink
  Tags: jay+feaster

Always A Summer Favorite

Blog: KK Hockey By Paul

Day 1 of the LA Kings Ice Crew Auditions…

Filed in: NHL Teams, Los Angeles Kings, | KK Hockey | Permalink
 

Kovalchuk Signs With The Devils

Blog: The Puck Stops Here By PuckStopsHere

Yesterday the highest profile free agent of the 2010 summer, Ilya Kovalchuk re-signed with the New Jersey Devils.  He signed a 17 year pact worth $102 million.  This gives him an annual salary cap hit of $6 million.  This is a glorious example of legal contravention of the salary cap.  Nobody seriously believes that Kovalchuk will still be playing in the NHL at age 44 when the deal ends.  Nobody seriously believes that Kovalchuk will play for the 17 year term or have an annual average salary as low as $6 million.

That said there is nothing the NHL can do about the deal right now.  There is significant precedent for these long term deals with declining pay in the sunset seasons to keep the annual salary cap hit down.  There are more than a handful of players signed to these deals who are not expected to complete them.

Continue Reading »

Filed in: | The Puck Stops Here | Permalink
 

Afternoon Line

Blog: KK Hockey By Paul

Ken Holland is terrific, wonderful man. Ken is considered the best GM in the game. He certainly has been the most successful since he took over the Wings. Although he downplays his personal success he does attribute his team’s success to passion. He is passionate about hockey and only looks for people who feel the same way. Talking to Ken about the Red Wings it occurred to me that the Red Wings brain trust are totally immersed in the game. They watch hockey all the time. When they aren’t watching it they are talking about it. When they aren’t doing the previous mentioned things they are teaching hockey to minor hockey coaches and players-PASSION.

-Drew-Remenda of Sharks.com.  More from Drew on a topic you must click to read.

Filed in: NHL Teams, Detroit Red Wings, | KK Hockey | Permalink
  Tags: ken+holland

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