It's over.
About an hour after we thought this thing would be pushed back -- again, the word comes down that the NHL and the NHLPA have agreed to new rules on long-term contracts. We don't know the conditions of the agreement, but we should probably expect that the NHLPA made serious concessions.
Darren Dreger of TSN first reported the news. The two sides are expected to make the official announcement around 5 PM Eastern, the deadline set for an agreement.
As a result of the agreement, Ilya Kovalchuk becomes a New Jersey Devil, two months and two days after free agency open and just 14 days before the start of training camp. Kovalchuk's cap hit of $6.66 million a season puts the Devils over the salary cap. They need to be under the cap by the start of the season.
But, for Devils fans (and all hockey fans, really), that's not much of a concern right now. Ilya Kovalchuk is a Devil for life, and a potential crisis between the League and the PA has been averted.
It's over.
2 comments
4
Sep 13
NHL Approves Kovalchuk Contract, Agrees With NHLPA On New Rules On Long-Term Deals
2
Sep 3
2
Sep 1
Comments
I'm just glad that it's seemingly finally over
I’m guessing if the Devils can move Rolston, he would be the first target, but Salvador and Zubrus will also be on the list. I’d rather not see them get rid of Zubrus, but they probably don’t have much of a choice.
Knowing Lou, he probably already has the deals in place and was just waiting for the contract to finally be approved.
by Tyler Bleszinski on Sep 3, 2010 3:21 PM EDT reply actions
It's over? Truly?
I don’t know what to say… thinks a bit still speechless
sigh of relief
"Everything is status quo." - Lou Lamoriello
"*Heavy groan*" - The Entirety of Devils Nation
by njdss4 on Sep 3, 2010 4:14 PM EDT reply actions
Comments For This Post Are Closed