Posts Tagged Ilya Kovalchuk

Kozlov talking to 3 KHL teams … Spezza or others to Kings? Ottawa to get 2012 All-Star Game

  • NHL Sources Say: Senators and Kings are talking. Kings looking for a top forward, Senators looking for 2 roster players and a pick. Spezza/Fisher/Michalek have been discussed, no knowledge of what Kings are offering.
  • Bruce Garrioch of the Ottawa Sun: NHL Commissioner Gary Bettman will be in Ottawa next week, and could announce that Ottawa will host the 2012 NHL All-Star Game. More than 25 teams put in bids to host the 2011-12 All-Star game.
  • Pavel Lysenkov via twitter: Kovalchuk plans to play all 15 years, and doesn’t exclude that can play in the KHL if there is an NHL lockout.

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Modin signing with the Thrashers … Cheechoo gets tryout from Stars … Kozlov still wants to play in NHL

  • TSN: A Swedish website is reporting that the Atlanta Thrashers have signed winger Fredrik Modin. Modin struggled last season, recording only 11 points in 44 games.
  • Craig Custance of the Sporting News: Slava Kozlov’s agent, Scott Lites, told the Sporting News that his client hasn’t given up playing in the NHL. He has been offered a couple tryouts, but is unlikely to accept that option.
  • David Pollak  of the San Jose Mercury News: Owen Nolan passed on the Minnesota Wild in hopes that he could land a contract from the San Jose Sharks, but the team is looking to go younger. The Wild went out and signed 3 free agents, leaving no room for Nolan. Nolan still hopes to land somewhere.

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Notes on the new CBA amendment … How it would have affected Kovalchuk

  • NHLPA: Press Release: NHL, NHLPA Reach Agreement Governing Long-Term Contracts; Kovalchuk Contract Registered; Four Circumvention Investigations Dropped.
  • Darren Dreger of TSN: Dreger explains the 2 amendments that were made concerning long-term contracts.
  • Tom Gulitti via twitter: The Devils could still be fined by the NHL as the first contract was ruled as ‘circumvention’, not wiped out by the new agreement.
  • Darren Dreger via twitter: “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.”

The new amendments don’t affect Kovalchuk’s deal, but if they did:

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NHL-NHLPA reach agreement … Kovalchuk deal to be approved

3:45 pm: Chris Stevenson via twitter: “will grandfather in other deals for limits on new contracts.”

3:41: Tom Gulitti via twitter: “CBA amendment would involve stipulations on cap hit for deals going past age 35 and age 40.”

3:40 pm: Nick Kypreos via twitter: “All that’s happened is clubs can no longer use age 41 and over to reduce the cap hit.”

3:10 pm: Darren Dreger of TSN: Sources are telling TSN (various other confirmation on twitter) that the NHL and NHLPA have reached agreement regarding amending the rules that govern long term contracts. They are working on the paperwork to finalize the deal before the 5 pm deadline they set on Wednesday.

The agreement between the 2 sides means that the Kovalchuk deal will be approved.

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Will it end today? Devils could be punished … Savard’s agent goes off

9:23 am: David Pagnotta via twitter: Rumor that Kovalchuk deal was rejected, but the both sides (NHL and NHLPA) are trying to make it fit. A decision is not expected today.

8:38 am:

  • Jimmy Murphy via twitter: Murphy was informed that the New Jersey Devils could receive a $1-3 million fine, and loss of 2 1st round draft picks.
  • Scott Burnside of ESPN: The ‘ultimatum’ on the NHLPA from the NHL is “100% off the mark. Absolutely no truth to it” according to a source. The source also added, “It looks like we are close and I can honestly tell you everybody comes out lookin’ good on this one.”
  • James Mirtle via twitter: If the NHL and NHLPA can find common ground, Kovalchuk’s contract will likely be accepted, and would likely be the last of the ‘cap-bending’ contracts.
  • Craig Custance of the Sporting News: A source told the Sporting News that “It’s possible both sides are going to come out looking good.” (Unfortunately this situation has looked bad for at least the last month). The NHLPA declined to vote on installing Donald Fehr as their executive director on Wednesday night over concerns of his demands (from a Nick Kypreos tweet, Fehr is looking for $7.5 million through 2012).
  • TSN: Marc Savard’s agent, Larry Kelly on the Team 1200 in Ottawa,

    “I’d really like to see a true commissioner style, someone who has the best interest of the game in mind rather than the situation they have now,” Kelly told the TEAM. “Bettman is (like) the president of the league and he clearly is on the owners’ side on every issue. I really think it should be a commissioner. With a commissioner you have somebody who is totally independent and I think it would be a much less acrimonious situation.”

  • James Murphy of ESPN Boston: Larry Kelly also went on to say that if Marc Savard’s contract voided and he became a free agent, he wouldn’t receive a fair offer as many teams are up against the cap and training camp starts in 2 weeks. Kelly also added in the Team 1200 interview that if Savard’s contract was rejected, “You can imagine the lawsuit that would ensue”.

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Some longterm contract notes … Savard staying … Ranger not attending Lightning camp

  • Dmitry Chesnokov via twitter: The VP of the KHL doesn’t think that Kovalchuk will end up in the KHL, means to much to the NHL, but addedif Kovalchuk decides to come over, he can sign any contract; SKA will pay the luxury tax; it’s democratic and free here”
  • Larry Brooks via twitter: Just to repeat, Chris Pronger’s deal with Ed Snider’s Philadelphia Flyers has been approved. He’ll be 42 in the final season, and will make a combined $1.05 million in the final 2 seasons of his 7 year, $34.45 million deal.
  • Jack Edwards of NESN: Edwards shoots down any rumors that the Bruins are looking to trade Marc Savard. He lists many different reasons as to why he’ll be staying.

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It has to end today

  • Tom Gulitti of the Record: The NHL has until 5:00 pm today to reach their decision to either accept or reject the contract between Ilya Kovalchuk and the New Jersey Devils. The contract would be deemed acceptable and registered if the league doesn’t make a ruling by then, but Bill Daley emailed “the deadline will not pass without the league communicating its determination.” If league accepts the deal, the Devils will have to clear over $3 million in contracts. If the NHL rejects, Kovalchuk and the NHLPA have 5 days to make an appeal.
  • Pavel Lysenkov via twitter: If Kovalchuk’s contract is rejected by the NHL, he’s likely to go to SKA St. Petersberg of the KHL.
  • Darren Dreger of TSN: One GM thinks the league will reject the latest contract proposal, and said the Devils and Kovalchuk were trying to “disguise circumvention,” adding,  “trying to hide the crime, makes this even worse.” Sources are saying other teams are expecting a penalty, either a reduction of cap or loss of draft pick.
  • Damien Cox via twitter: Teams are demanding that the New Jersey Devils be penalized for the first contract given to Kovalchuk.
  • Nick Kyreos of Sportsnet: Kyreos reveals the contract details from Kovalchuk’s second contract. We’ve listed them along side the rejected deal.


Season
1st Contract
2nd Contract
2010-11
$6 million
$6 million
2011-12
$6 million
$6 million
2012-13
$11.5 million
$11 million
2013-14
$11.5 million
$11.3 million
2014-15
$11.5 million
$11.3 million
2015-16
$11.5 million
$11.6 million
2016-17
$11.5 million
$11.8 million
2017-18
$10.5 million
$10 million
2018-19
$8.5 million
$7 million
2019-20
$6.5 million
$4 million
2020-21
$3.5 million
$1 million
2021-22
$750,000
$1 million
2022-23
$550,000
$1 million
2023-24
$550,000
$3 million
2024-25
$550,000
$4 million
2025-26
$550,000
2026-27
$550,000

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Kovalchuk decision today … New player in Phoenix ownership … Niemi close to new home

  • Tom Gulitti of the Record: The NHL spent Monday reviewing Ilya Kovalchuk’s 15 year, $100 million contract, with an announcement likely coming today. It is not known if the league has already let the Devils know their decision, before it would released to the public. The NHL must rule before 5:00 pm on Wednesday or the contract would deemed approved and registered. According to tweets by Nick Kypreos, Kovalchuk would be paid $90 million over the first 10 seasons, and $10 million over the last 5. In the last year of the deal he is scheduled to have a base salary of $4 million, with the average salary over the final 3 seasons being $2.6 million.
  • Mike Sunnucks of the Phoenix Business Journal: An undisclosed wealthy person is interested in purchasing the Phoenix Coyotes from the NHL, and keeping the team in Glendale. Details are limited, but could be made public soon, they have asked to keep the negotiations private. The Ice Edge Holdings group have taken a backseat and they have been focusing on bringing an ECHL team to Thunder Bay, Ontario. If a deal is not in place by December 31st to keep the team Phoenix, they will look to sell the team to someone, and move them Canada.
  • James Murphy of ESPN Boston: According to a source of Murphy, the Bruins are still “actively shopping” Marc Savard. His contract investigations have hampered talks. The Bruins are still over the salary cap ceiling and need to get under before the start of the season.
  • James Murphy of ESPN Boston: Bruins GM Peter Chiarelli originally told Steve Begin that they wouldn’t be bringing him back, but according to Begin they are still  interested, but currently sit $3 million over the cap. Begin told RDS that the Bruins are trying to do some things, but the market is slow.
  • Jesse Rogers of ESPN Chicago: Source telling Rogers that Antti Niemi is close to deciding where he’ll play next season, with a decision possibly coming in the next 48 hours. He has offers from multiple teams.
  • James Mirtle via twitter: Toronto Maple Leafs GM Brian Burke says there is some progress being made with RFA, Christian Hanson, and he expects it to be done by training camp.
  • Mark Stepneski of ESPN Dallas: There is still no decision by Jere Lehtinen on if he’ll play next season, but according to a Finnish paper, Lehtinen is giving serious consideration into not playing next season. GM Joe Nieuwendyk said that he hasn’t been working out as much as he normally does when preparing for the season.

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Thornton-Sharks talking extension … On why Kovalchuk deal should be accepted … Devils moving Zajac?

  • Mark Emmons of the San Jose Mercury News: Joe Thornton is having preliminary talks with the San Jose Sharks about a contract extension. The 31-year old Thornton will be a UFA at seasons end. Thornton has a cap hit of $7.2 million this season according to capgeek.com.
  • Nick Kypreos via twitter: On why the new Kovalchuk deal should get approved. Rejected deal had $2.75 million over the last 5 years. New deal, $10 million over the last 5 years.
  • Mark Everson of the NY Post: Rumors are out there that Travis Zajac could be one of the players the New Jersey Devils move to make room for Ilya Kovalchuk. The Devils could be looking to move Bryce Salvador and Dainius Zubrus. The 25-year old Zajac is the teams number 1 center, and has a cap hit of $3.89 million for the next 3 years. Zajac had 25 goals and totalled 67 last year.
  • Mike Hume of ESPN: Trading Zajac would be a serious hit to the Devils. Jason Arnott would then be the teams top center. Zajac could bring back a decent return in prospects and/or draft picks. The Washington Capitals have been looking for a 2nd line center and have a deep farm system. 2009 draft pick, Jacob Josefson, would be a possible internal replacement.
  • Jimmy Murphy via twitter: Sources are telling Murphy that nothing will most likely come from the Marc Savard contract investigations. The investigation is hampering trade talks.
  • Gregg Krupa of the Detroit News: Kirk Maltby’s agent said they are negotiating with the Detroit Red Wings, and that a deal could be finalized this week. The deal will most likely be a 2-way deal.  Maltby did talk with other teams, including the Tampa Bay Lightning.

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Kovalchuk decision by Wednesday … Staal not looking for offer sheet … 5 teams interested in Kennedy … Penner to Kings?

  • Mark Everson of the NY Post: The NHL has until Wednesday to decide if they are going to reject or accept the latest Ilya Kovalchuk contract. The contract is said to be 15 years and $100 million, a $6.67 million cap hit. The Devils will then have to shed more than $3 million in salary, plus an extra couple million for injury call-ups. Some say Lou has some deals ready to go if the contract is accepted. Dallas could be interested in Bryce Salvador ($2.9 million) and Dainius Zubrus ($3.4 million) could be moved.
  • Mark Everson of the NY Post: The Kovalchuk saga could be coming to an end soon (thank god). Kovalchuk may have received some interest throughout this process from the Kings, Islanders, Stars, Blues and KHL SKA St. Petersburg. During Monday’s meeting with the league, Kovalchuk reportedly gave a weekend deadline for the leagues approval and threatened that the KHL could be possible.
  • Bucky Gleason of the Buffalo News: Tim Kennedy is still one of the unsigned forwards looking for an NHL contract. 5 teams have shown interest in Kennedy, possibly the Toronto Maple Leafs, Columbus Blue Jackets, Los Angeles Kings, Phoenix Coyotes and Atlanta Thrashers. He thinks he can get a one-way contract but realizes he might have to take two-way deal.
  • Chris Custance of the Sporting News: Getting an offer sheet isn’t being focused on by Marc Staal’s agent, Paul Krepelka. Krepelka said there is no truth to the rumor that they were hoping to get one.

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