Kukla's Korner Hockey
by Paul on 09/04/10 at 01:39 PM ET
from Mark Everson of the NY Post,
The NHL has been given Players Association approval until Sept. 17 to confiscate Devils draft picks and fine the team up to $3 million for its first signing of Ilya Kovalchuk, The Post has learned. The league, however, will not lower the Devils’ $59.4 million salary cap upper limit, one of the possible punishments for cap circumvention.
It would appear the Devils’ only recourse against such punishment would be an appeal to the NHL Board of Governors or legal action, both iffy.
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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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