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Can You Believe It?  A Kovalchuk Deal

via Darren Dreger tweet,

TSN says a deal between the NHL and the PA has been reached and they’re working on paper work for 5pm.

added 2:37pm, via E.J. Hradek tweet,

The NHL and NHLPA are finalize details for an announcement at or before 5 pm, according to the source

added 2:50pm, via Darren Dreger of TSN,

Sources tell TSN that the NHL and the NHL Players’ Association have reached an agreement on an amendment to the rules that govern long term contracts.

The two sides are now working on getting the paperwork done in time for the 5pm et deadline both sides agreed upon to render a verdict on the Ilya Kovalchuk contract situation.

The agreement means that Kovalchuk’s contract with the New Jersey Devils will also get approved as part of a new global settlement.

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

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The agreement means that Kovalchuk’s contract with the New Jersey Devils will also get approved as part of a new global settlement.”

Is that referring to new language in the CBA?

Posted by NathanBC on 09/03/10 at 03:53 PM ET

edillac's avatar

I looked at the numbers maybe a week ago,and as I remember he has years with 10mill.$ salary,and offcourse years with 7 or 4 even 1mill $,but his cap hit is like 6,7mill,WTF?
that is bogus if you ask me,too much difference,I could see 15% but not more than 30% difference between cap hit and salary

Posted by edillac from isolation on 09/03/10 at 04:54 PM ET

SYF's avatar

And now, all eyes on Bobby Ryan of the Schmucks.  Kid wants a comparable pay to Perry and Getzlaf.

The Ducks have given him offers of five years ($25 million) and four years ($18.6 million). However, the high scoring winger is hesitant to sign a contract that lasts for more than three years.

Source.

Posted by SYF from The Revenge of Johnny E on 09/03/10 at 06:06 PM ET

Avatar

Ok so NJ, DET, CHI, BOS, VAN, and whichever other team which had circumvented the cap now get a 10-15 year advantage on the other teams that respected the rules.

Doesn’t seem fair, now does it. But that’s the NHL for you.

Posted by GMan777 on 09/03/10 at 06:35 PM ET

edillac's avatar

Posted by GMan777 on 09/03/10 at 05:35 PM ET

the teams that were screwed over by the cap,screw it back,lol
jokes aside,you cant compare Franzens contract with Hossas,can you?

Posted by edillac from isolation on 09/03/10 at 06:45 PM ET

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Paul Kukla founded Kukla’s Korner in 2005 and the site has since become the must-read site on the ‘net for all the latest happenings around the NHL.

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