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 this point, check back later this evening where I will be updating the situation as information flows in.

Until next time,

Peace!

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