Blog Entry

Deal works for everyone

Posted on: September 3, 2010 6:57 pm
 
Okay folks, now you can relax and enjoy Labor Day weekend -- the NHL says Ilya Kovalchuk’s 15-year, $100 million contract with the Devils is a go. This ends the drama that has consumed much of the energy around the league since free agency opened just in time for everyone’s barbecue.

Thanks to all.

Kovalchuk is thankful too of course, and he should be for getting the kind of money he wanted without having to go back to Russia.

And New Jersey still gets its man, so the Devils are feeling pretty good as well. Yes their cap hit will be a little higher now with this deal, but either way New Jersey was going to have to move salary before opening night to accommodate Kovalchuik, so the upshot is really the same.

And that’s a good thing for the NHL, which came out pretty nicely, and in many ways fortunately, from this summer long saga.

Ultimately the league took advantage of the Kovalchuk situation to flex some muscles against the leaderless players association, and by getting some concessions with respect to long-term contracts, probably gained some ground ahead of the next CBA negotiations. But the effort could have seriously backfired for a league that has held its nose in recent years when accepting some heavily front-loaded contracts.

The NHL drew a line in the sand with Kovalchuk and won an arbitration that emboldened it to re-examine some of the other front-loaded deals to Marian Hossa, Roberto Luongo and Marc Savard. There was even some noise about the league de-registering some of those contracts, something that might have become self-fulfilling had had the NHL again rejected Kovalchuk and a move that one prominent agent said would have created a legal nightmare.

"If the league were to arbitrarily do something it would be a very, very serious issue," Savard’s agent Larry Kelly told Ottawa radio station Team 1200 this week, "because Marc Savard had a very serious concussion last year. He came back to play in the playoffs to try to help his team but he was not anywhere near the player he had been.

"If Marc is without a contract now and is a so-called free agent after he has missed the free agent period, you can imagine the lawsuit that would ensue."

Maybe the NHL did imagine.  It certainly avoided any potential for those kinds of problems by accepting Kovalchuk’s new deal and the others. And at the same time, the league set out guidelines that teams and agents can follow until the current CBA expires in 2012 and everyone involved gets their deals.

So everyone can enjoy the holiday weekend. Nice touch.
Category: NHL
Comments

Since: Oct 10, 2006
Posted on: September 4, 2010 10:33 pm
 

Deal works out GOOD for everyone?

You've got to be kidding. Works out good? Please. Fire the people who don't know English. They're in the wrong profession. Thanks.



Since: Mar 18, 2009
Posted on: September 4, 2010 10:04 pm
 

Deal works for everyone

It's all bad.  No UFA's will sign in NJ.  No money left.  Can't wait for the next CBA.  Enjoy the season.  More hockey to follow in 2014.  (I really hope not)



Since: Aug 15, 2006
Posted on: September 4, 2010 12:25 am
 

Deal works for everyone

Obviously, you have not followed the story at all. As every comment and sentence that you make is so misinformed, and incorrect,... that it barely deserves any response what so ever. But the fact that it reeks of any real truth, credibility, or interest,....you should leave any future opinions to your self, and not on ANY public forum. 



Since: Sep 13, 2006
Posted on: September 3, 2010 9:41 pm
 

Deal works for everyone

So your saying the NHL approved the contract so there wouldn't be any kind of legal ramifications? And this makes you happy? I don't like it. The NHL set the cap rules and then they get involved in a teams contract negotiations. The NHL should stay out of it. Their job is to accept or decline any offers, NOT help out. Is the NHL going to help every team that has cap problems now? I think you already know the answer to that one. It's basically hypocrisy by the NHL. If you've followed this from the beginning, you know this is the case. And there's nothing to be happy about. So who are the Devils going to dump next year when Parise is due for a huge raise? Maybe the NHl can help them work it out again?

CUP4PENS


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