NHL Rejects Kovalchuk contract For salary cap circumvention

Pro Sports 9 replies 479 views
End of Line's avatar
End of Line
Posts: 6,867
Jul 21, 2010 1:07am
http://tsn.ca/nhl/story/?id=328025

Ilya Kovalchuk had signed a 17yr-102mil dollar deal.
ts1227's avatar
ts1227
Posts: 12,319
Jul 21, 2010 1:17am
I'm interested to see how this turns out.

I would think if they fought it, the NHL would lose.
If the contract did not outright violate the CBA and simply exploited a loophole (which appears to be the case), would the NHL's stoppage hold up in court?
End of Line's avatar
End of Line
Posts: 6,867
Jul 21, 2010 3:41am
I could see the NHL winning this in court.

Ever since Detroit's GM Ken Holland signed Zetterberg and Franzen to long term deals, a couple of GM's went that route. Hossa signed for 12 years same as Loungo and the NHL didn't fight those (that I know of). So who knows how this will turn out.
TedSheckler's avatar
TedSheckler
Posts: 3,974
Jul 21, 2010 10:14am
It's about time the NHL shut these kind of deals down. Don't forget Pronger. He has one of these deals.
End of Line's avatar
End of Line
Posts: 6,867
Jul 21, 2010 12:56pm
The 7yr-35mil deal? I don't remember if he was 35+ when he signed it though.
ts1227's avatar
ts1227
Posts: 12,319
Aug 9, 2010 8:34pm
Arbitrator sided with the NHL, deal is dead.

http://sports.espn.go.com/new-york/nhl/news/story?id=5450174
TedSheckler's avatar
TedSheckler
Posts: 3,974
Aug 9, 2010 10:20pm
Good news.
End of Line's avatar
End of Line
Posts: 6,867
Aug 10, 2010 1:44pm
Can't say I'm suprised.
R
rock_knutne
Aug 10, 2010 11:01pm
The_Crosby_Show;447451 wrote:Can't say I'm suprised.
I am.


I agree with ts1227, if the NHL doesn't have specific language in place for their salary cap procedures in the CBA outlawing these type of contracts, the NJ Devils organization has a case they could easily win in court. Although, I doubt they take it that far.
TedSheckler's avatar
TedSheckler
Posts: 3,974
Aug 11, 2010 11:26am
rock_knutne;448004 wrote:I am.


I agree with ts1227, if the NHL doesn't have specific language in place for their salary cap procedures in the CBA outlawing these type of contracts, the NJ Devils organization has a case they could easily win in court. Although, I doubt they take it that far.
They do have that type of language in the CBA, that's why the judge sided with them. This was obvious circumvention of the salary cap.