clock menu more-arrow no yes

Filed under:

The Kovalchuk Saga: Is it finally over?

New, comments
5 MORE DAYS? HOW LONG ARE YOU PLANNING TO DRAG THIS OUT?
5 MORE DAYS? HOW LONG ARE YOU PLANNING TO DRAG THIS OUT?

It's all come down to this. It's been over a month since Ilya Kovalchuk's 17 year $102 million contract was rejected by the NHL. Earlier today, Dmitry Chesnokov of Puck Daddy reported that the NHL is expected to accept the latest proposal by the Devils. Tom Gulitti later mentioned that the NHL hasn't yet completed the review, but the new contract addressed all the problems in the first contract. TSN's Darren Dreger also mentions that the term is shortened, and the structure of the contract has been changed as well. Darren Dreger reports that the new Deal is 15 years, $100 million dollars, with an AAV of $6.66 million/year. Ditto for Nick Kypreos of Sportsnet, Tom Gulitti and ESPN's EJ Hradek. The new contract is 2 years shorter, and will pay Kovy $2 million less than the previous contract, and a contract with a cap hit that fits the number of the beast. The NHL will have 5 days (not 5 business days, meaning the weekends count) to review the contract. Craig Custance of The Sporting News doesn't expect a decision from the NHL today, so  we're back to our favorite game again: the waiting game.