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Jumbo Joe Rocks
PickupHockey Pro
Canada
410 Posts |
 Posted - 07/06/2010 : 08:50:33
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Report: Kovalchuk to sign seven-year, $60M deal with Devils
According to TSN Ilya Kovalchuk is to sign a 7 year 60 million dollar contract to keep him in the Garden State for 7 years.
GO SHARKS GO
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Jumbo Joe Rocks
PickupHockey Pro
Canada
410 Posts |
Posted - 07/06/2010 : 08:51:53
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I could care less I dont even like Kovy at all .But my cousin Colin White is friends with him so thats good he stayed.
GO SHARKS GO |
Edited by - Jumbo Joe Rocks on 07/06/2010 08:52:27 |
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Guest8251
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Posted - 07/07/2010 : 12:06:05
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Too bad TSN never reported this. Plus, Kovalchuk wants $10 M / year...not $8.5 M...
As of right now, still a free man according to EVERY sports news broadcaster (Including TSN). |
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Jumbo Joe Rocks
PickupHockey Pro
Canada
410 Posts |
Posted - 07/07/2010 : 12:12:15
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quote:
[i]Originally posted by Guest8251[/i]
[br]Too bad TSN never reported this. Plus, Kovalchuk wants $10 M / year...not $8.5 M...
As of right now, still a free man according to EVERY sports news broadcaster (Including TSN).
It is a rumor look on the frontpage of TSN it also says he is re-negotiating with LA
GO SHARKS GO |
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Guest7024
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Posted - 07/07/2010 : 12:12:26
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quote:
[i]Originally posted by Guest8251[/i]
[br]Too bad TSN never reported this. Plus, Kovalchuk wants $10 M / year...not $8.5 M...
As of right now, still a free man according to EVERY sports news broadcaster (Including TSN).
well, actually they did
http://www.tsn.ca/nhl/story/?id=326655 |
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Deaner
Rookie
Canada
107 Posts |
Posted - 07/08/2010 : 04:20:08
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| so is kovy a devil??? |
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Jumbo Joe Rocks
PickupHockey Pro
Canada
410 Posts |
Posted - 07/08/2010 : 04:27:08
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quote:
[i]Originally posted by Deaner[/i]
[br]so is kovy a devil???
That is what there trying to say I guess.
GO SHARKS GO |
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Jumbo Joe Rocks
PickupHockey Pro
Canada
410 Posts |
Posted - 07/08/2010 : 04:27:48
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It is also a rumor though so who knows????
GO SHARKS GO |
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Guest7792
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Posted - 07/09/2010 : 12:32:01
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here is a rumor for you - [ moderator edit ]
Also I heard Mario Lemieux has confirmed he will suit up next year to play with Crosby. But its only a rumor though. |
Edited by - n/a on 07/09/2010 15:27:18 |
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Deaner
Rookie
Canada
107 Posts |
Posted - 07/09/2010 : 17:28:07
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| Still havent heard any official word on kovy.... |
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nuxfan
PickupHockey All-Star
3670 Posts |
Posted - 07/09/2010 : 18:31:27
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this has turned into quite the drama.
One can only think that he really does want to stay in the NHL. If he wanted to bolt he would have done so by now, as there is a KHL offer on the table for 10M per year. The fact that he hasn't taken it outright and just left says something.
So, I think he wants to stay in the NHL. Now, he has to come to terms with the fact that he will lose some salary to join a contender. Does he take less money over a contract with a chance to win, or does he take more money to play with NYI or ATL, who are the only teams that have expressed an interest in him and can afford his asking price? |
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Jumbo Joe Rocks
PickupHockey Pro
Canada
410 Posts |
Posted - 07/11/2010 : 14:38:09
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quote:
[i]Originally posted by nuxfan[/i]
[br]this has turned into quite the drama.
One can only think that he really does want to stay in the NHL. If he wanted to bolt he would have done so by now, as there is a KHL offer on the table for 10M per year. The fact that he hasn't taken it outright and just left says something.
So, I think he wants to stay in the NHL. Now, he has to come to terms with the fact that he will lose some salary to join a contender. Does he take less money over a contract with a chance to win, or does he take more money to play with NYI or ATL, who are the only teams that have expressed an interest in him and can afford his asking price?
It has turned into drama though.I dont care where he signs anymore.
GO SHARKS GO |
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Tiller33
PickupHockey Pro
389 Posts |
Posted - 07/14/2010 : 13:10:51
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The FAN 590 in Toronto has reported that Kovalchuck is on the verge of signing with the Kings. They say after an overnight bargaining session and compromises made by both LA's ownership group and Kovalchuck and his North American agent Jay Grossman that there will likely be a contract announced in the next 48 hours.
So apparently for the 1800th time Commrade Kovalchuck will sign with LA. If there is a god then maybe this saga will finally be over and the rst of the UFA signings and trades can take place. |
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nuxfan
PickupHockey All-Star
3670 Posts |
Posted - 07/14/2010 : 13:23:29
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should be interesting. I'll be very curious to see what the structure of the contract is like, and what the cap hit is.
He will definitely make a good team better, and more dangerous offensively. |
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Tiller33
PickupHockey Pro
389 Posts |
Posted - 07/14/2010 : 16:20:53
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| The offensive talent is undeniable, no questions about that. But he has caused such a fiasco with this signing drama that I can't understand why GM's are even interested at this point. And from what I read they aren't it is mainly ownership groups in LA and NJ pushing for him. |
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nuxfan
PickupHockey All-Star
3670 Posts |
Posted - 07/14/2010 : 17:14:07
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quote:
The offensive talent is undeniable, no questions about that. But he has caused such a fiasco with this signing drama that I can't understand why GM's are even interested at this point
Because as you say, the offensive talent is undeniable. If he could score 40+ goals with ATL, what could he do with a team where there was more offensive support? |
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Guest7852
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Posted - 07/15/2010 : 12:46:33
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Posted - 07/14/2010 : 17:14:07
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quote:
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The offensive talent is undeniable, no questions about that. But he has caused such a fiasco with this signing drama that I can't understand why GM's are even interested at this point
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Because as you say, the offensive talent is undeniable. If he could score 40+ goals with ATL, what could he do with a team where there was more offensive support?
Score more...........duhhh |
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MrBoogedy
Rookie
Canada
195 Posts |
Posted - 07/18/2010 : 22:40:03
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| it will be interesting to see how many trades are made following the Kovalchuk deal, to see how many deals are being held up pending this one signing. It could be the start of a domino effect that should be more interesting than any draft day deals. |
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irvine
PickupHockey Veteran
Canada
1315 Posts |
Posted - 07/18/2010 : 23:07:47
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In all honesty, I don't see how Kovalchulk is holding up a heck of a lot of signings. The only two teams I really see being affected by this, at this time, in New Jersey & LA Kings.
And even then, I don't see NJ doing a ton if they fail to re-sign Ilya Kovalchuk.
The Kings, perhaps. It may even determine if they re-offer Frolov a contract.
But, those two teams aside... I fail to see how Kovalchuk not being re-signed, affects any other players and teams.
If a team has interest in a specific player, they should be going after him now. Not waiting for Ilya to decide. Since, him signing to a different team than theirs, has 0 effect on their salaries and cap space. Nor, the player they want.
For example... if the New York Islanders want to sign sniper, Alex Frolov. I fail to see how Ilya Kovalchuk deciding between NJ and LAK, has any impact on that. Unless, other teams are interested in Kovalchuk's services. And, all teams are bidding on him.
I don't see a large amount of signings being done, after Kovalchuk decides what to do. Besides the odd one here and there, and mainly out of coincidence due to the time frame narrowing down, to get the signings the done.
Irvine/prez. |
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Sensfan101
PickupHockey Pro
Canada
500 Posts |
Posted - 07/19/2010 : 08:58:10
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Sn is reporting that Kovalchuck will stay in New Jersey
You miss 100 percent of the shots you don't take Wayne Gretzky |
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Sensfan101
PickupHockey Pro
Canada
500 Posts |
Posted - 07/19/2010 : 09:00:44
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The deal will be announced on Teusday. No word on the terms yet.
You miss 100 percent of the shots you don't take Wayne Gretzky |
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n/a
deleted
4809 Posts |
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Jumbo Joe Rocks
PickupHockey Pro
Canada
410 Posts |
Posted - 07/19/2010 : 09:18:11
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Yep they announced it but I was hoping for KHL so I wouldnt see him again for a while.Cant stand him.I'm hapy it's over though now lets see what happens.
GO SHARKS GO |
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nuxfan
PickupHockey All-Star
3670 Posts |
Posted - 07/19/2010 : 09:25:40
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well, at least that is over.
So now NJ has to make another move - you can rest assured that Kovy didn't sign for less than 4M which is what NJ has left in cap room for this year.
They are also heavy on LW now. My guess is that Elias is done in NJ - with Parise going to RFA and likely ready to sign for 6-7M per year, NJ would have 21-ish M committed to 3 bonafide first-line LW's. Elias is the odd man out here.
Question is - will they send Elias out for someone significant in return (ie, Kaberle), or will they dump him for picks and save some cap room? |
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nuxfan
PickupHockey All-Star
3670 Posts |
Posted - 07/19/2010 : 09:29:19
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NJ is going to be a force next year, they have a pretty solid top-2 lines
C: Arnott, Zajac
LW: Parise, Kovalchuk
RW: Langenbrunner, Clarkson, Rolston (pick 2)
Throw in a steady defense, and Brodeur in net... |
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Beans15
Moderator
Canada
8286 Posts |
Posted - 07/19/2010 : 09:36:52
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quote:
[i]Originally posted by nuxfan[/i]
[br]NJ is going to be a force next year, they have a pretty solid top-2 lines
C: Arnott, Zajac
LW: Parise, Kovalchuk
RW: Langenbrunner, Clarkson, Rolston (pick 2)
Throw in a steady defense, and Brodeur in net...
Agreed. I think you missed Elias as well. However, it's pretty fair to say that there will be a change or two in NJ.
Can't think of many teams that have 2 lines as balaced and powerful as this. Other than SJ, is there another NHL team that bolsters 2 legitimate 40 goal scorers??? |
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n/a
deleted
4809 Posts |
Posted - 07/19/2010 : 09:54:15
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Yeah, one of those centers has got to go - they are all top 6 guys, with Zajac obviously #1. Elias as the more expensive and injury prone guy on the decline is likeliest to move, especially after they just signed Arnott in the offseason. And it would increasingly move NJ in the direction I see them headed in - bigger, tougher.
Think of it this way - they got bounced too easily in the playoffs because of a heavy forecheck and the physical play and match-ups. The response has been to: sign Volchenkov (large d-man, feared hitter, premier checker/shot-blocker); sign Tallinder (large stay-at-home d-man); sign Arnott (hulking center who still has top 6 skills); re-sign Kovalchuk (large LW and one of the premier goal scorers of our day).
No one will be running over New Jersey with physical play.
Also, could Rolston be on the move as well to shed salary?
"Take off, eh?" - Bob and Doug |
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nuxfan
PickupHockey All-Star
3670 Posts |
Posted - 07/19/2010 : 10:11:36
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I missed Elias on purpose - I assume he is as good as gone with Kovalchuk coming on, NJ doesn't need 3 first line LW. Kovy and Parise will be the top2 going forward. Elias will be traded soon I would think.
Slozo - I think NJ has been trying to get rid of Rolston all summer. |
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Tiller33
PickupHockey Pro
389 Posts |
Posted - 07/19/2010 : 14:43:42
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| My sweet christ thank christ this is over! |
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Guest0373
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Posted - 07/19/2010 : 14:51:27
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| man, i thought for sure he was going to sign with the heat |
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polishexpress
PickupHockey Pro
525 Posts |
Posted - 07/19/2010 : 15:04:22
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Ha, good one guest.
So which is more likely to be traded first, Elias or Rolston? Both have similar salaries (fairly high), while Elias is 34, and Rolston is 37.
Like has been mentioned above, my guess is Elias- younger and more productive than Rolston, although Elias has the longer contract. |
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nuxfan
PickupHockey All-Star
3670 Posts |
Posted - 07/19/2010 : 17:02:57
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it looks like NJ doesn't have to trade either one...this year.
The Kovy signing puts them 1.8M over the cap for next year. If they unloaded Zubrus alone at 3.4M, that leaves them with enough to sign 2 more 4th liners and still have some breathing room.
Next summer, it gets interesting with Parise up as RFA and in line for a hefty raise. |
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Tiller33
PickupHockey Pro
389 Posts |
Posted - 07/19/2010 : 17:10:13
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| I really hope these type of contracts are addressed in the new CBA. It completely undermines the reason we all went without hockey for a season. |
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Beans15
Moderator
Canada
8286 Posts |
Posted - 07/19/2010 : 18:59:10
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It kind of underminds the CBA, but not really. Regardless of what the CBA has, there will always be loopholes around it.
That being said, until a buy out happens (which at the earliest will be around 2019, the Devils will have a that $6 million hit. There is no getting around that.
But, this is the most interesting structured deal as far as the money and payouts go. As posted on TSN:
Kovalchuk will earn $6 million each of the next two seasons, $11.5 million for the following five seasons, $10.5 million in the 2017-18 season, $8.5 million for the 2018-19 season, $6.5 million in 2019-20, $3.5 million in 2020-21, $750,000 the following season, and $550,000 for the final five years of the unprecedented deal.
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nuxfan
PickupHockey All-Star
3670 Posts |
Posted - 07/19/2010 : 19:30:18
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| Beans - any theories on the contract payout schedule? I've seen front loaded, and I've seen backloaded. But this one is a sort of bell curve. Why the first 2 seasons @ 6m only, then the big bump up to 11.5? |
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Tiller33
PickupHockey Pro
389 Posts |
Posted - 07/19/2010 : 19:59:24
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quote:
[i]Originally posted by Beans15[/i]
[br]It kind of underminds the CBA, but not really. Regardless of what the CBA has, there will always be loopholes around it.
That being said, until a buy out happens (which at the earliest will be around 2019, the Devils will have a that $6 million hit. There is no getting around that.
But, this is the most interesting structured deal as far as the money and payouts go. As posted on TSN:
Kovalchuk will earn $6 million each of the next two seasons, $11.5 million for the following five seasons, $10.5 million in the 2017-18 season, $8.5 million for the 2018-19 season, $6.5 million in 2019-20, $3.5 million in 2020-21, $750,000 the following season, and $550,000 for the final five years of the unprecedented deal.
I respect what you are saying Beans but I didn't say it undermines the CBA, it undermines the fans support of teams after the League and Players Association sacrifed an entire season to "solve" the $ problems that were plaguing the game. This still allows players to grab with both fists and foolish GM's/Owners to oblige them.
When a player signs a contract that he will obviously not finish (Pronger, Savard, Hossa, Kovalchuck) it spits in the face of every fan that pays for a ticket and supports that team.
This is obviously just my opinion but I feel very strongly about it, I'm worried that this abuse of the system (yes I know its all legal) will end up in another lock out, Especially if the players association brings in Donald Fehr.
There needs to be similar contract structure for players in the twighlight portion of their career as there is for entry level players. Something along the lines of nothing more than a 3-4 year deal after the age of 35. Realistically how many players play up to and past 40? Chelios' and Hasek's aside, If anyone thinks Ilya Kovalchuck will be playing in New Jersey in 2027 then I have a box of ketchup popsicles for them.
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n/a
deleted
4809 Posts |
Posted - 07/20/2010 : 04:31:23
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Speaking of the utterly ridiculous concept of a player at 27 signing a 17 year deal . . .
. . . this supposed "loophole" was a gaping chasm that could have been taken care of by Bettman. He is - or WAS - a lawyer who is supposed to spot these things, after all!
The whole thing is quite bush league, in my mind, and totally defeats the purpose of the high end players having a cap on their salaries.
"Take off, eh?" - Bob and Doug |
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Guest7936
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Posted - 07/20/2010 : 10:11:08
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| But a 17 year contract, which IK is almost surely not going to finish, is still within the realm of possibility. What if a Crosby or Ovi hit free agency? What would stop a team from signing them to like, a 200 year deal, paying the max salary for ten years and the min for 190? Could an absolutely ridiculous deal like that actually fly, or is there something to stop it? Because we seem to be headed in that general direction... |
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Beans15
Moderator
Canada
8286 Posts |
Posted - 07/20/2010 : 10:33:11
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Spits in the face of the fans?? Wow, I never looked at if from that perspective. What I think is that it's a spit in the face to me as a fan if my GM can not keep the high end talent AND ice a competative team.
Honestly, quit the cryin. Everyone still has to play by the same rules. If Charles Wang wants to go out tomorrow and sign Chris Chilios to a 50 year deal, who cares?? The same rules still apply to everyone.
What's the issue??? Help me understand why this is a problem?? |
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Tiller33
PickupHockey Pro
389 Posts |
Posted - 07/20/2010 : 15:08:22
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quote:
[i]Originally posted by Beans15[/i]
[br]Spits in the face of the fans?? Wow, I never looked at if from that perspective. What I think is that it's a spit in the face to me as a fan if my GM can not keep the high end talent AND ice a competative team.
Honestly, quit the cryin. Everyone still has to play by the same rules. If Charles Wang wants to go out tomorrow and sign Chris Chilios to a 50 year deal, who cares?? The same rules still apply to everyone.
What's the issue??? Help me understand why this is a problem??
Someone once said "I can not argue with an unreasonable argument."
And that sir is an unreasonable argument, if you honestly believe that a 17 year contract where there is zero chance of a player fulfilling it is not against the spirit of the game and against maintaining a level of parity that was the goal of the lockout then I simply can't argue it any further.
And for the record Lammorello stated he doesn't like the contract and that it has no place in the NHL, its terms were dictated by owner Jim Vanderbeek:
http://blogs.northjersey.com/blogs/fireice/lou_lamoriello_admits_kovalchuk_contract_shouldnt_be_part_of_nhl1/
In Vanderbeek they trust I suppose... |
Edited by - Tiller33 on 07/20/2010 17:23:06 |
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Guest7360
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Posted - 07/20/2010 : 18:27:57
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| uh oh nhl wont allow kovalchuks deal, what happens now?? |
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Topic |
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Ilya Kovalchuk - Signs with Devils 
