Archive for July, 2010

Ilya Kovalchuk Deal Rejected By The NHL

July 20th, 2010 No Comments

In a move that can only be called shocking, numerous reports are circulating online that suggest that the NHL appears to be set to reject Ilya Kovalchuk’s 17-year, $102 million deal he signed with the New Jersey Devils earlier this week on the grounds that it is in violation of the NHL’s salary cap. In simple terms, the NHL is rejecting the Kovalchuk deal on the basis that the deal itself makes a mockery of the NHL’s salary cap—a move the NHL should have done much earlier and more often. I for one, am happy that Gary Bettman and Company have stepped in and rejected the Kovalchuk deal. Signing any player to a 17-year deal is ridiculous, especially when we all darn well know that said player is likely to retire, never honoring the entire 17-years. Details are sketchy at

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2010 NHL Free Agency: Ranking the Top 25 Remaining Free Agents

July 20th, 2010 2 Comments

The wait for Ilya Kovalchuk to sign has finally ended. Yesterday, the 27-year-old winger announced a jaw-dropping 17 year deal with the New Jersey Devils, where he finished the 2009-2010 season. Like expected, Kovalchuk’s decision, which had been keeping NHL fans and experts alike on the edge of their seats for nearly three weeks, stirred the league into yet another “Free Agent Frenzy”. Just hours afterwards, Philadelphia traded longtime Flyer forward Simon Gagne to Tampa Bay for defenseman Matt Walker and a fourth round pick in the 2011 NHL Entry Draft. The Flyers needed the deal to free up much-needed cap space, but Gagne’s addition creates an intimidating foursome of forwards for the Lightning, too, with Gagne added to the trio of Steven Stamkos, Vincent Lecavalier, and recently re-signed Martin St. Louis. On another note, one team that was reportedly

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Gagne Traded To Tampa Bay Lightning: Analysis

July 19th, 2010 No Comments

After numerous rumors of Philadelphia Flyers forward Simon Gagne being traded  to the Toronto Maple Leafs or the Los Angeles Kings and everywhere in between, Simon Gagne has been traded to the Tampa Bay Lightning for defenseman Matt Walker and a fourth round draft pick in the 2011 NHL Entry Draft. Gagne, scheduled to make $5.25 million for the upcoming 2010-11 season, scored 17 goals and added 23 assists through 58 games with the Flyers last season. It is widely viewed that Gagne was sent packing by the Flyers due to salary cap concerns, not for his lack of production or injury woes. Originally drafted by the Flyers in the first round (22nd overall) of the 1998 NHL Entry Draft, Gagne had spent his entire career with the Flyers, spanning ten years, scoring 259 goals and adding 265 assists for a

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Ilya Kovalchuk To sign With Devils: Ten Reasons He Makes Them A Stanley Cup Favorite

July 19th, 2010 1 Comment

With all the rumors pointed to Ilya Kovalchuk joining the Los Angeles Kings, the New Jersey Devils have emerged as the winner in the Kovalchuk sweepstakes. The Devils are announcing that Kovalchuk has agreed to sign a long-term deal that will keep Kovalchuk in New Jersey. While terms and monies are yet to be announced, Kovalchuk is expected to sign a deal that will pay him between eight and nine million per season. Clearly, the Kovalchuk signing, which is expected to be officially announced Tuesday via press conference, has every team in the East sweating right now. While no guarantee to make the Stanley Cup Finals, the addition of Kovalchuk makes the New Jersey Devils one of the favorites to win it all in the Eastern Conference. Let’s take a look at ten reasons Kovalchuk makes the Devils one of

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The NHL Cap Penalties and What it Means to those Teams Dealing With Them

July 18th, 2010 2 Comments

This is going to be a very interesting time for a number of the NHL teams as they try to figure out how to get back in good standing with the salary cap. There are nine teams that will face cap penalties ranging from $50,000 to $4.1 million due to performance bonuses from the 2009-10 season. And yes, the Vancouver Canucks are amongst these. This causes a reduction in this seasons cap space which, in turn, will raises the question: who will be on the trading block or placed on waivers? No wonder there is no urgency for teams to sign the glut of RFA’s.  Soon, there may be better players to choose from with all the NHL teams must be under the cap by the start of the season. Look for the available players in some cases to be

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Ilya Kovalchuk: About To Be Crowned?

July 17th, 2010 No Comments

It appears as if the Los Angeles Kings and Ilya Kovalchuk are inching closer to a long term deal that would see the highly-touted Russian land in Tinsel town. Helene Elliot of the Los Angeles Times is reporting that, while a deal is not yet finalized, it may just be a matter of finalizing term and no-trade/no-movement clauses. Kovalchuk, who has also been pursued heavily by the New Jersey Devils, would be a terrific fit in Los Angeles, supplying them with one of the NHL’s premier goal scorers and star power. If the deal is consummated the Kings could boast a first line that may include the likes of Kovalchuk at left wing, Anze Kopitar at centre and Dustin Brown on the right side, which may very well emerge as one of the NHL’s most feared lines. While not expected

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