BREAKING: Ilya Kovalchuk Re-Signs with the New Jersey Devils
by Kevin Sellathamby on Jul 19, 2010 12:23 PM EDT
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PrintIt's official: Ilya Kovalchuk has re-signed with the New Jersey Devils, aaccording to agent Jay Grossman. The financial terms of the deal have not yet been shown, as the press conference will be at 1 P.M. tomorrow and the terms of the deal will likely be announced. (UPDATE: Terms of the Deal are 17 years and $102 million dollars (a cap hit of $6 million/year) Some reaction from the signings from Twitter:
With Volchenkov and Kovalchuk in NJ, I now finally have an East coast team to support
IvanoM from Fear the Fin
Breaking: Tearful Kovalchuk signs Lamoriello's contract offer; refuses to answer questions about jam and shards of broken glass in his hair.
Down Goes Brown from er... Down Goes Brown
And sincere congratulations to all #NJD fans. Ilya is a class act, a dedicated pro.
And I call Lou "Loophole Lou" with all respect possible, the guy gets it done.
Ilya back to the Devs. Well that was as anticlimactic as a first date with an ugly chick.
I feel bad for LA Kings fans today, and offer this consolation prize: Free admission to the Devils Cup parade in Newark next June
Greg Wyshynski from Puck Daddy
I wonder if "Brian Rolston" will be hockey for "Jimmy Hoffa" in the near future.
I guess Gorssman wants to keep his guys close to home or something.
Kovalchuk's a nice fall-back for the Devils, after Semin-for-Brodeur fell through. #clownshoes
J.P. From Japers' Rink
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In case you guys happen to like rumours:
dchesnokov
Kovalchuk’s mother tells Pavel Lysenkov of Sovetsky Sport that Kovalchuk’s deal with #NJD is for 17 years.
Tick Tock, Tomas. Tick Tock.
A drinking team with a hockey problem.
He’ll be… 45 when that contract ends.
In Lou We Trust: Now More productive than a New Jersey Devils Powerplay
"Pfft, Wii’s where it’s at. *Swings toy plastic racquet, separates shoulder"- RudyKelly
by Kevin Sellathamby on Jul 19, 2010 12:29 PM EDT up reply actions
Other rumour is 7 years/ 60M… we’ll see which is true.
Tick Tock, Tomas. Tick Tock.
A drinking team with a hockey problem.
by nhlcheapshot on Jul 19, 2010 12:34 PM EDT up reply actions
if 17 years is true..
It’s just to lower the cap hit to a much more reasonable number. Probably front loaded with 8 or 9 mill/10 years and then way, way lower for the next 7. Under the current CBA, the Devils do not have to pay Kovy should he retire during the contract.
If it’s a cap hit in the range of 5.5-7/ season, I think it’s a good signing. Of course, it could go down to an okay signing should Parise leave, or an amazing one if he stays.
I’m thinking, if 17 years is the correct term, 17 years/130 mill?
KOVY TO REMAIN IN A DEVILS UNIFORM
I’ve been waiting for this announcement since July 1st. FINALLY. Hopefully his contract isn’t an albatross around our necks.
"We aim above the mark to hit the mark." -- Ralph Waldo Emerson
"We're looking at hiring the Red Army choir to perform at half-time along with Russia's top dancing bear collective." -Mikhail Prokhorov
I honestly just hope it doesn't lead to losing
Parise. I love Kovy, but Parise is much, much more valuable.
by Tyler Bleszinski on Jul 19, 2010 12:50 PM EDT up reply actions
that is the big question
does the big signing hurt the chance of signing some of the other key guys who have been in NJ for awhile. Lou seems like he is smart enough to figure out how to keep guys he wants and manage contracts.
by Rickfansince76 on Jul 19, 2010 4:48 PM EDT up reply actions
Legit question: Have the Devils ever had a press conference for a player signing before?
Devils in my heart! Devils in my mind! Devils in my eyes! Devils until I die!
In Lou We Trust - The New Jersey Devils SBN Blog
by John Fischer on Jul 19, 2010 12:30 PM EDT via mobile reply actions
A shift in the way the team handles itself with the public, perhaps? Or more likely just that it’s a pretty big deal.
DON'T PANIC.
More likely because at least some part of the internal justification for re-signing Kovy is business related rather than on-ice impact. The hockey public is expecting a press conference. Feed the beast!
It must be newsworthy, even renowned hockey hater ESPN led off SportsCenter with a blurb (albeit, only a blurb) about Kovalchuk staying with the Devils.
DON'T PANIC.
ESPN doesn't hate hockey
They just base their promotions on what league and sports they own the rights to. NFL, MLB, golf, NBA, they all get tons of coverage on the Worldwide Leader. Hell, they promoted the hell out of the World Cup, a sport they ignore 99.9 percent of the time.
Cycling, hockey? Pfffffft. Who cares?
by Tyler Bleszinski on Jul 19, 2010 3:55 PM EDT up reply actions
i dont think so.
i dont think the devils have ever signed someone this big before off free agency.
by brodeurman89 on Jul 19, 2010 12:31 PM EDT up reply actions
I think Mogilny was pretty big, but does anyone know if they had a presser for that?
by Dr. Witticism on Jul 19, 2010 1:05 PM EDT up reply actions
It’s funny how a few of our divisional rival’s SBN sites are all abuzz about how this means Parise is gone.
I mean, I’m as nervous about what this means in the long run as anyone, but surely Lou has given a moments thought to that situation, right?
DON'T PANIC.
Your sig should be words to live by right now.
In Lou We Trust: Now More productive than a New Jersey Devils Powerplay
"Pfft, Wii’s where it’s at. *Swings toy plastic racquet, separates shoulder"- RudyKelly
by Kevin Sellathamby on Jul 19, 2010 12:32 PM EDT up reply actions
If Lou could pull this off, I have faith in keeping Parise. The terms will help discuss this. If Langenbrunner would waive his NTC, we can give Zach the “C” and groom him for a re-up.
"You're next" - Scott Stevens
by You're_Next on Jul 19, 2010 12:37 PM EDT up reply actions
maybe we could trade Langs to the Kings
"You're next" - Scott Stevens
by You're_Next on Jul 19, 2010 12:37 PM EDT up reply actions
NTC
A game of Chess is like a sword fight....you must think first....before you move.
by LoNJDTechnology on Jul 19, 2010 3:42 PM EDT up reply actions
http://twitter.com/EJHradek_ESPN
EJ thinks Langs can/will be moved.
oh. ok.
A game of Chess is like a sword fight....you must think first....before you move.
by LoNJDTechnology on Jul 19, 2010 5:54 PM EDT up reply actions
If our gm were Sather i’d worry we lose Parise but with Lou on the helm i’m not worried.
by KingHellfire on Jul 19, 2010 7:06 PM EDT up reply actions
Parise to remain a Devil for life.
Count on it. As long as Lou is in control of the situation, thats what it will remain.
"We aim above the mark to hit the mark." -- Ralph Waldo Emerson
"We're looking at hiring the Red Army choir to perform at half-time along with Russia's top dancing bear collective." -Mikhail Prokhorov
I agree
What people don’t seem to realize is next year, we lose a few contracts, like Zach’s 3 mill, Arnotts 4.5, Langs 2.5 (it’s something like that), Greene’s contract, and Pando’s and Peter’s buyout 1 mill.
We should have something like 10 mill in cap space, depending on Kovy’s cap hit. There is a much better chance Parise stays than he leaves.
Yeah but we also have to have room to resign Greene also.
by Jacob Shepherd on Jul 19, 2010 12:52 PM EDT up reply actions
Greene won’t be a significant loss though. Corrente/Eckford/Urbom can replace him for a similar price.
In Lou We Trust: Now More productive than a New Jersey Devils Powerplay
"Pfft, Wii’s where it’s at. *Swings toy plastic racquet, separates shoulder"- RudyKelly
by Kevin Sellathamby on Jul 19, 2010 12:59 PM EDT up reply actions
Perhaps, and we’ll have this season to see how the kids develop, but the more spots one expects to fill with kids next year opens up additional problems if things don’t work out that way.
DON'T PANIC.
Greene wouldn’t be easy to replace, if he has another season remotely close to last season’s. Between Martin and Greene, those would be huge losses on the blueline.
I’m less concerned that this will cost us Parise (I think this is a signal to him about how serious this team is about winning even beyond the expiration of Marty’s contract), but do think there’s a strong possibility it could cost us Greene.
Well if we have to lose Parise or Greene i don’t think anyone would keep Greene over Parise period!
by KingHellfire on Jul 19, 2010 7:07 PM EDT up reply actions
I hope to God you're right
cause while I love having Kovy, losing Parise is just unacceptable.
by Tyler Bleszinski on Jul 19, 2010 12:51 PM EDT up reply actions
Parise will stay put. He knows he’s the next captain.
"You're next" - Scott Stevens
by You're_Next on Jul 19, 2010 12:52 PM EDT up reply actions
nice to be wrong
i was convinced we were out of this, and very happy to be wrong.
All the cap considerations aside for a moment. I really liked the excitement we had at the Rock since his trade to the Devils, and i’m still confident we can keep Parise.
Lets hope Lou can get Parise signed soon also, because the sharks (not those sharks) will be in the water looking to grab him.
Where does the cap room come from? Will have to wait for the terms, but if the 17 year thing is true the cap hit will be very Hossa like. I have to laugh because it wasn’t two seconds after this was public that I started hearing from fans about kaberle coming also. Nice idea, but i don’t see that happening now. If the cap hit for Kovy isn’t to bad though i could see Lou taking a run at Souray if he can get him through re-entry once the season starts.
Contracts I’d like to see go, White and Rolston. i know they both have no trades,but if I had my choice that was the two i would pick and keep Salvador and Zubs.
As far as the press conference goes, i know they have done the telephone thing. i thought they had one when Stevens resigned, but can’t find a link. This signing certainly deserves and merits a press conference.
losing Parise is just unacceptable
i agree with that,its the only bad thing i can think of comming from this.
by Imperator_Celtic on Jul 19, 2010 12:56 PM EDT reply actions
It won’t happen. Parise isn’t going anywhere. Devils will make it work. A good team finds ways to lose the garbage and keep the gems, no matter what the cost.
Tick Tock, Tomas. Tick Tock.
A drinking team with a hockey problem.
by nhlcheapshot on Jul 19, 2010 12:57 PM EDT up reply actions
I think Lou recognizes that he is the motor that makes the Devils run, and is a national treasure. I’m convinced that Lou is thinking their 1-2 punch makes the team far better than a team with just one of them.
DON'T PANIC.
Um, agreed
"What in tarnation's goin' on 'round here?!?" - Yosemite Sam in reference to Ilya Kovalchuk not yet signing
the longer this went on the more sure i was he would sighn with the devils.
by Imperator_Celtic on Jul 19, 2010 12:56 PM EDT reply actions
I can’t wait to hear what lou and kovy have to say about his ’first choice". that release with the A train was a bad idea. hope they learned a lesson.
How wa sthe release with Volchenkov a bad thing?
He was being honest, he wanted o stay with the team that drafted him… but the Devils made a better offer. It wasn’t like he said they were my second choice to the Sharks or something. It was his original team.
That release shows what a character guy Volchenkov was.
I really don't understand this fear mongering about Losing Parise?
NJ has enough coming off the cap in the following seasons to keep Zach… AND like it or not Zach is a RFA he’s here for the next 1-3 seasons possibly if it goes to arbitration. (correct me if I’m wrong though)
1-2 years
but most likely 1. I don’t think an Arbiter can hand out more than 2 years.
He is a RFA,
and I completely agree with you. Between Arnott, Langs, Parise’s previous contract, and the rest of Pando’s and Peter’s buyouts coming off the book, the Devils would have at least 10 mill in cap space (depending on who gets moved and Kovy’s cap hit).
That more than enough for Parise, and he’s all but certain to be in a Devil’s uniform for at least 1 year past this season.
It wouldn’t surprise me if a team threw a ridiculous offer sheet at him if he hit RFA status. Hopefully he gets extended before it even comes to that.
I’m not especially worried, personally, as I trust Lou knows what he’s doing… but I can sort of see the other side. Yes there are contracts coming off the books, but those players need to be re-upped or replaced and it’s not realistic to expect kids to replace them all.
DON'T PANIC.
KOVY POWER!!!!!!!!!!!!!
I assume this is a mogilny like dance to keep him off the books for 5 years
I hate Philadelphia so much.
As I am sure the rest of the hockey blog world is discussing
How do you clear cap space? Give Rolston the Huet treatment? Trade Elias? Euthanize Zubrus?
Jimmy Howard invented the Stanley Cup.
salvadore, zubrus both have pricey contracts.. if you can get Rolston and Langs to waive their NTC you can try to trade them.
"You're next" - Scott Stevens
Rolston
could get buried in the minors, couldn’t he?
Zubrus i’d like to keep too. Now he can make the 3rd line more dangerous
Should Rolston be moved…
ZZPops
Kovy-Arnott-Elias (i’m sure elias could play on his off wing and do well)
Zubrus-Josefson-Clarkson
PL3-Pelley-Sharky
He can’t. 35+ contracts can’t be buried in the minors.
In Lou We Trust: Now More productive than a New Jersey Devils Powerplay
"Pfft, Wii’s where it’s at. *Swings toy plastic racquet, separates shoulder"- RudyKelly
by Kevin Sellathamby on Jul 19, 2010 1:07 PM EDT up reply actions
Well, technically he can
but his salary still counts against the cap, so if you’re paying him that much and taking the hit, you may as well have him in NJ.
Go Devils
Go Jets
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I'd still like to keep Zubrus
He was probably the team’s best player against the Flyers and he seemed to work OK with Kovy. I’d love to lose White and Rolston.
by Tyler Bleszinski on Jul 19, 2010 1:03 PM EDT up reply actions
I agree. He played very well last year when he was healthy. I’d love to see Langs waive his NTC and get traded – Give Parise the “C”. Lou can make it happen.
"You're next" - Scott Stevens
Agree with all of the above. We can afford losing Salvador, but not Zubrus. Langenbrunner needs to go, hey move bodies up, and give Palmieri a shot in addition to 2 out of 3: Tedenby, Josefson, Henrique.
Yankees in baseball, Giants in football and Devils in hockey. It's that simple. I have no off-season.
by DownGoesAvery on Jul 19, 2010 1:13 PM EDT up reply actions
It’ll be tough deciding who gets the C, don’t you guys think? I’m sure someone like Kovy feels entitled, just based on star power. It’s tough for the Devils because, unlike most teams (which would assign the C to the biggest star without a blink), the Devils emphasize teamwork, effort, and leadership.
That’s not to say that Kovalchuk doesn’t possess all the necessary components for being a captain. It’s just difficult to pass over Parise. I have never, ever seen a player work harder than Parise night in and night out.
by Dr. Witticism on Jul 19, 2010 1:13 PM EDT up reply actions
Give it to Parise, remind him that this is HIS team, not Ilya’s and give him the $$ he wants in the off-season.
I believe we can keep Parise, I really do. his current hit plus Arnott’s salary and we’ll still have Rolston, Marty and Elias leaving within 1-3 years.
Yankees in baseball, Giants in football and Devils in hockey. It's that simple. I have no off-season.
by DownGoesAvery on Jul 19, 2010 1:15 PM EDT up reply actions
Euthanize Zubrus?
Does Lou have the power to sign off on that? Have to ask my lawyer friend to look into the matter.
I believe it’s only legal in Montana, Oregon, and Washington.
We’ll have to wait until a team is started in one of those states. Otherwise, I doubt we can lure him over there without him figuring out our intentions…
Seriously though, isn’t it Rolston we should be talking about? Don’t you put down the dog who is too old and can’t function anymore?
Posting this makes me feel dirty for some reason…
by Dr. Witticism on Jul 19, 2010 1:26 PM EDT up reply actions
Ok, so some people want to keep Zubrus. I haven’t seen anyone say that about Salvador, but…
Let’s be honest here: we probably have to move both. And with Kovy now, that Arnott signing looks like a mighty bad decision. I mean really, really bad
nah, because it’s only a one year contract. We can dump him next year.
"You're next" - Scott Stevens
I think the Arnott signing is fine. We needed a 2nd line center pretty desperately. I like Zubrus and I like Salvador, and would prefer to get rid of White and Rolston, but the facts are that Zubes and Sal are far more likely to go.
We just have to get over two humps here. Getting under the cap this offseason, and then finding the space to re-sign Parise and Greene in 2011. After that, the sailing looks smoother.
If the 17-years is true
If Lou front-loads the deal, and pays the $$ by 10 years, can Lou buy him out after 10 years for $0 over 20 years or no? I would guess not, based on the $5.88M cap hit.
I would guess 7-years/$60M everything has been so unpredictable so far……
If Lou starts moving bodies, I believe Josefson and Tedenby make the team.
Yankees in baseball, Giants in football and Devils in hockey. It's that simple. I have no off-season.
Pessimism alert
Well that’s that as they say…and I am glad it is (almost) over and done. Although I still don’t like it (the signing..if in fact its a bank breaker..aka…team breaker). I guess I am just reluctant to accept change to a certain degree when it addresses the ideals/image of this organization and for better or worse this move does represent a shift in character for this team. We will see the true consequence and validity of this move a few years down the line. Let’s hope our trust remains intact on that very day.
Even though the Devils haven’t played that defense first type of game for years, everyone always still says that they’re boring and don’t play offense. Conventional wisdom is hard to change when people don’t bother to watch and look at the truth. But now? There will be no denying it.
by Dr. Witticism on Jul 19, 2010 1:18 PM EDT up reply actions
For the record
“Ilya Kovalchuk” is the 6th most tweeted topic right now according to Chesnokov I believe. As he said, who says hockey isn’t be talked about?
Yankees in baseball, Giants in football and Devils in hockey. It's that simple. I have no off-season.
I do think that this, combined with the deal for Arnott
Gives the Devils two lethal lines. Remember, the Devils essentially played with no second line center for much of last year.
And just imagine the bombs coming in from the point with Kovy and Arnott back there. Holy mackerel. Two of the hardest shots in hockey. I’m just wondering how they’re going to shake things out with the lines…although it’s probably premature to speculate on that because obviously more players will be getting moved.
by Tyler Bleszinski on Jul 19, 2010 1:22 PM EDT reply actions
The Devils could score 3 goals per for the first time since 2001- 2002. OMG there going to let the Devils play on Versus!
Only if they’re playing the Pens.
In Lou We Trust: Now More productive than a New Jersey Devils Powerplay
"Pfft, Wii’s where it’s at. *Swings toy plastic racquet, separates shoulder"- RudyKelly
by Kevin Sellathamby on Jul 19, 2010 1:28 PM EDT up reply actions 1 recs
I see how it is. Stealing the new guy’s jokes right from under his nose…
On another note: It might be time to get rid of that first part of your signature. Then again…I’ll believe in our powerplay when I see it.
by Dr. Witticism on Jul 19, 2010 1:31 PM EDT up reply actions
Everyone makes fun of the Pens being in the spotlight 24/7.
In Lou We Trust: Now More productive than a New Jersey Devils Powerplay
"Pfft, Wii’s where it’s at. *Swings toy plastic racquet, separates shoulder"- RudyKelly
by Kevin Sellathamby on Jul 19, 2010 1:42 PM EDT up reply actions
I was only joking. You would have had to read my mind to know I was typing the same thing as you posted.
by Dr. Witticism on Jul 19, 2010 1:47 PM EDT up reply actions
We have come full circle on Lou’s master plan. Letting Madden and Gionta go and having a quiet off-season last year was for this. Lou always likes to have that 4-5 year “window” in view, and we have just solved a longer stretch of time.
Yankees in baseball, Giants in football and Devils in hockey. It's that simple. I have no off-season.
If this deal is 17 years which is ironic cause thats Kovy’s favorite number, the cap hit would only be like 5 million dollars. Bravo Lou. Can’t wait to watch the conference somewhere. Anybody know if they will air it on MSG or devils.com?
" I don't go to work.... I go to a game" - Bob Sheppard RIP
by RolliePollieKovy on Jul 19, 2010 1:35 PM EDT reply actions
Explains why he wouldn’t sign with the Kings. Wayne Simmonds probably refused to change his number from 17.
In Lou We Trust: Now More productive than a New Jersey Devils Powerplay
"Pfft, Wii’s where it’s at. *Swings toy plastic racquet, separates shoulder"- RudyKelly
by Kevin Sellathamby on Jul 19, 2010 1:37 PM EDT up reply actions 1 recs
MacLean
How do you all see Johnny Mac handling this? Hopefully by having enough gall to not have Kovy on every PP for the full 2 (or more) minutes.
I have respect for most sports fans with 2 exceptions: NY Ranger fans who grew up in New Jersey, and Dallas Cowboy fans who can't name the capital of Texas.
Depends on so many things that it doesn’t even matter.
I won’t be surprised Kovalchuk gets double shifted regularly.
I would be. He isn’t Kovy the rental, Kovy the savior of the devils, Kovy the last missing piece, and so on.
He’s Kovy. He’s got an entire training camp to become part of the team. Far less pressure this time, and time to become part of the machine before he’s expected to perform.
I can see Kovalchuk on line 1b and then staying on for the 3rd or 4th line guys once or twice a period.
I can also see Kovalchuk playing the entire PP. Have him at the point when Parise is on with him and then in the slot once Parise minute is up.
Spending the whole PP on the ice will depend on who else they manage to get to blueline it, whether it’s effective in setting up in the zone or spent the majority chasing the puck back by Marty, if it’s a shooter or a grinder PP, etc. I could see him spending a lot of time on some PPs, sure. I don’t think that’s entirely unreasonable to occur sometimes.
Double shifted…not unless there’s a deficit to erase late in a game or the visiting team boneheads which personel to send out on a stoppage change and there’s a glaring exploit to be had.
Well, JMac will turn him into a Devil.
A full off-season to assimilate him into the Devils should have beneficial effects on his game, puck responsibility, not trying to force every time it touches his stick, a little defensive awareness, etc. He’ll get to know the guys he’s going to work with. Arnott is his center, and he knows that now, and can get to work with him right away.
In terms of time…you’ll see Zach on for the first 1min of PP and Kovy for the second. I expect 19-21 minutes per game out of each line, with whichever one is “hotter” edging the other on any given night. This is no longer a Line 1, 2, 3 and 4 team. It’s 1a, 1b, 2 and 3. It’s going to be a lot harder to frustrate this team and get them off their game.
Good times coming. Nice to see JMac’s first year with such a wealth of talent, NHL and minors. Going to be hard to F this one up methinks.
I will say that I am stoked
To be watching this kind of offensive talent in New Jersey for years to come. The Devils have always been a defense first team since the first Lemaire regime and the closest this team every got to being an offensive dynamo was 2000, where that team remains my all-time favorite Devils team.
I do think that this really lessens the adverse offensive impact of losing Paul Martin and since A-Train is outstanding defensively, I’m hoping this is a net win for all involved.
by Tyler Bleszinski on Jul 19, 2010 1:40 PM EDT reply actions
Who the heck is this Paul Martin guy? Never heard of him…. :)
by Dr. Witticism on Jul 19, 2010 1:41 PM EDT up reply actions
Totally stunned and fired up
by Devilssection21fan on Jul 19, 2010 1:40 PM EDT via mobile reply actions
Totally stunned and fired up
Zach is great, but this is the first time in my view the devils have a legit top 5 forward in terms of scoring. Combined with the D moves there is no question this team is a legit contender
I am so freaking excited now!!!
by Devilssection21fan on Jul 19, 2010 1:43 PM EDT via mobile reply actions
sooooooooo freaking happy
man this is insane
Who are these Jsmithdevils and Ecklund of which you speak?
by HockeyWeasel on Jul 19, 2010 1:50 PM EDT up reply actions
Sick of the trade Langs talke
First of all NTC, second who knows what happened at the end of last year with the coach. This guy is a bargen at the money we pay him, and he is a proven winner and continues to put up good numbers.
So please make room elswhere, good signing of Kovy by the way I think, stop trying to have people wave ntc that is why they want them, so they are not moved. After this season we can worry about our Captain, but for now he is here and hopefully will be up top with Parise, and Zajac again.
no matter what, he was a cancer to the Devils in the post-season last year. I don’t care what type of relationship you have with the coaching staff. You don’t let it affect your performance, especially when you’re the captain! He’s had a remarkable career, but I feel it’s time for everyone to move on. Parise is ready for the captaincy so give it to him. He’s proved he deserves it and if Lou is serious about re-signing him, why not butter him up by giving him the letter this year? If you don’t think for a second that teams are going to be going after Parise with numerous head games (because of this Kovy signing), you’re crazy. He needs to feel like he is still the top dog. That’s my reasoning
"You're next" - Scott Stevens
I think the information about what happened with Langenbrunner at the end of last season is pretty limited. We can’t really pass judgment without more information. Lou will make the move he feels he needs to – he can certainly get value in return for Langenbrunner.
OKAY The NTC doesn’t mean he can’t be traded. He has a choice to be traded. If he waives it then it gives him a bad rep. Teams would think he is selfish or something. I wonder if Lou will make a trade before tomorrow to get it out of the way.
" I don't go to work.... I go to a game" - Bob Sheppard RIP
by RolliePollieKovy on Jul 19, 2010 2:03 PM EDT up reply actions
Yes, it does actually. NTC stands for No Trade Clause.
Unless there’s a clause in there for preferred teams, he ain’t going anywhere. And if that was the case, he’d have a limited NTC. As far as anyone knows, there’s no proof that it is limited.
Devils in my heart! Devils in my mind! Devils in my eyes! Devils until I die!
In Lou We Trust - The New Jersey Devils SBN Blog
by John Fischer on Jul 19, 2010 2:13 PM EDT via mobile up reply actions
why would teams think he was selfish if he waived the NTC? It would mean primarily that he doesn’t feel that NJ is the best place for him to play any longer. Per John’s comment, the chances of him actually leaving are very slim, but I’d like to weigh out all of the options moving forward. Never say never.
"You're next" - Scott Stevens
Can't believe it!
I read a post an hour ago that said the chance of Kovy going to the kings was 99% (Although, that was a speculation). It seemed though he was definantly going to the kings based on news (Although these reports were by LA tabloids and unreliable TSN sports broadcasters). Its still hard to believe that after this long and with so many reports of him signing with the kings he is a devil again. I don’t know how Lou does it but I think it’s safe to say he is the best gm in the history of the NHL.
I think many of us assumed as such regarding the percentage of chance that the Devils would retain him because the Devils have minimal amount of cap space available right now, and the negotiations took a little longer than we all expected. The Devils are obligated now to move pieces from this team to compensate for this signing.
"We aim above the mark to hit the mark." -- Ralph Waldo Emerson
"We're looking at hiring the Red Army choir to perform at half-time along with Russia's top dancing bear collective." -Mikhail Prokhorov
5 WORDS
Oh boy, he is BACK!!!!!!
Joshd12
Brock University
BA. Sports Management, 2014
BA. Recreation and Leisure Studies, 2011
by joshd12 on Jul 19, 2010 2:07 PM EDT via mobile reply actions
Well, on the plus side, those that argued that losing Bergfors, Oduya, Cormier and the pick for only 27+5 games of Kovalchuk was too much can throw that argument out…
DON'T PANIC.
True in a sense, but now those assets were traded and others will have to be moved in order to fit Kovy under the Cap.
I feel funny saying it cause I would have never done so in the past, but I hope the contract runs for 17 years, keep the Cap Hit between $6MM and $6.5MM so he can get his $100MM+
"What in tarnation's goin' on 'round here?!?" - Yosemite Sam in reference to Ilya Kovalchuk not yet signing
Bergfors is one thing, but I didn’t mind giving up Oduya since he played nowhere close to the level of hockey that earned him a raise.
by Marty 4 Prez on Jul 19, 2010 2:34 PM EDT up reply actions
yea, i actually saw erroneous reports stating that Kovy wanted to go to the Rags. What a joke lol.
"You're next" - Scott Stevens
That was the Rag
Newsday, they also said he did not want to play for the Devils again. Good reporting.
Pensive, yet excited
We are all going to have to deal with every other team ‘hating’ and proclaiming that we will now lose Zach Parise. I hope Lou addresses this at the press conference or sometime this week to give all of us Devil fans ammunition to fire back at the naysayers “knowing” Zach will be gone come next season. Here’s to hope, and In Lou We Trust.
"What in tarnation's goin' on 'round here?!?" - Yosemite Sam in reference to Ilya Kovalchuk not yet signing
You guys have seen this, right?
Looks like Rolston is saying he would be ok with waiving his NTC. Oh happy day!
He said:
“It looks like they’re going to be over the cap, so (roster moves) that’s the only thing that makes sense,” forward Brian Rolston said from Michigan. “I don’t know what my involvement in that is going to be, but we’ll see.”
And:
“I’m not concerned. It could happen, but it’s just part of the business of hockey,” he said. “Obviously someone is going to have to move.”
The only thing that would be better than his waiving it AND finding a team dumb enough to take his contract would be him living up to it. And to stop winking all the time. It’s creepy.
DON'T PANIC.
by elesias on Jul 19, 2010 2:30 PM EDT up reply actions 3 recs
Stop winking? No way! The man’s a playboy. He’s gotta throw the ladies a bone once in a while, just to let them know he’s thinking about them. Just a wink from him can make any woman feel special and tingly.
Seriously though, stop it Rolston.
by Dr. Witticism on Jul 19, 2010 2:46 PM EDT up reply actions
REC'D
There is nothing quite as satisfying as out running security after you've punched out a Flyers fan!
Rec’d
In Lou We Trust: Now More productive than a New Jersey Devils Powerplay
"Pfft, Wii’s where it’s at. *Swings toy plastic racquet, separates shoulder"- RudyKelly
by Kevin Sellathamby on Jul 19, 2010 5:17 PM EDT up reply actions
I think most players would be ok with waiving their NTC in the off-season. Who wants to play for a team that doesn’t want them?
Parise – Zajac – Langy
Elias – Arnott – Rolson
Kovalchuk -Henrique – Clarkson
I think Rolson could get 55+ points with Elias and Arnott as linemates.
are you serious
kovalchuk on the third line… histerical
by kewlnsimpguy on Jul 19, 2010 2:38 PM EDT up reply actions
I think the 1st – 3rd lines will all get the same amount of minutes a game. I would put it at line 1a, 1b, 1c or (1p, 1e, 1k) It will be very hard for opposing teams to beat us if we have a serious scoring threat back to back to back.
There better be a link confirming this, please add one.
Devils in my heart! Devils in my mind! Devils in my eyes! Devils until I die!
In Lou We Trust - The New Jersey Devils SBN Blog
by John Fischer on Jul 19, 2010 2:37 PM EDT via mobile up reply actions
I’m really sorry, I’m new here. I tried to add this link, but it didn’t work:
http://www.nj.com/devils/index.ssf/2010/07/brian_rolston_knows_that_chang.html
by Dr. Witticism on Jul 19, 2010 2:51 PM EDT up reply actions
When I tried to add it in the first comment, I pasted in the link and then highlighted it, and then I pressed the “link” button above, thinking that I had to do this so it was clickable and people wouldn’t have to copy and paste it. When I posted it, it didn’t show up.
Now I see that all I have to do is paste the link and it automatically becomes clickable text when I post. I apologize for the mistake.
by Dr. Witticism on Jul 19, 2010 2:54 PM EDT up reply actions
No. You were using the right tool.
It won’t work in the title. The highlighted text must be in the comment.
If that even doesn’t work, you can use HTML tags for a link.
Devils in my heart! Devils in my mind! Devils in my eyes! Devils until I die!
In Lou We Trust - The New Jersey Devils SBN Blog
by John Fischer on Jul 19, 2010 3:01 PM EDT via mobile up reply actions
wow
just talked to someone in the devils organization,,, they also say 150 mil 17 years… jeez 8.8 mil per year. well atleast this cheered me up ZZpops Kovy-Arnott-Elias
Somebody help me with this…
I just want to make sure I understand the whole cap hit thing right. I’m just using an example here with numbers that are easy, so:
If we sign someone to a 15 year contract, and we pay him $10 million/year the first ten years, and then $1 million/year for the last five, that comes to $105 million total. So, even during the first ten seasons, his cap hit is only $7 million a year and not $10 million? Regardless of what he is getting paid in a given season, his cap hit is always going to be the total value of his contract divided by the total years?
You are correct good Doctor.
"What in tarnation's goin' on 'round here?!?" - Yosemite Sam in reference to Ilya Kovalchuk not yet signing
Excellent
Dr. Witticism is a nickname a friend gave me. I am definitely not a doctor.
Aw heck, I love Lou.
by Dr. Witticism on Jul 19, 2010 2:59 PM EDT up reply actions
The league investigated the 12 year Hossa deal. We’d be naive to think that this one will fly under the radar, especially if it’s of the 10M/year for 10 and 1M/year for 7 variety.
The only way the contract is illegal (I can’t think of another word) is if they discussed Kovy retiring before the contract is up, right? That’s what I remember from the Hossa stuff.
by Dr. Witticism on Jul 19, 2010 3:08 PM EDT up reply actions
Or if it’s very apparent that it’s designed to circumvent the salary cap… which is a big gray area. Pronger and Hossa’s deals both were obvious circumventions… but 17 years would raise some flags.
DON'T PANIC.
Sounds bad for us, if Lou has indeed done something similar
by Dr. Witticism on Jul 19, 2010 3:15 PM EDT up reply actions
I don’t see why it matters. If it wasn’t specifically against the rules, they can complain and investigate all they want. The NHL doesn’t want it to happen, then they need to address it in the next CBA. In the current CBA, I don’t think it’s technically against the rules.
Different idea, but like baseball complaining about steroid use, well, for the longest time it wasn’t against the rules. You can’t be tried for breaking a law BEFORE it became a law (rule), can you?
Go Devils
Go Jets
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How are any of those deals circumventing the cap by rule? I know its a brought up issue but it feels like sour grapes more than anything else. Not from you, obviously, but in general. I feel like an apt response is: don’t hate the player, hate the game.
Devils in my heart! Devils in my mind! Devils in my eyes! Devils until I die!
In Lou We Trust - The New Jersey Devils SBN Blog
by John Fischer on Jul 19, 2010 3:16 PM EDT via mobile up reply actions
Love Lou for playing the way he does, but 17 years is a long way from 12. How many 44 year olds are there still playing in the league?
I think someone’s going to take a look at the contract, scowl, and let it be. But they’re going to look.
There’s even a possibility, however small, that this contract is made an example of and gets canned just to ensure that it doesn’t happen again until the loophole is filled at the next CBA.
By rule they’re not as they’ve been reviewed by the league and allowed… but is there anyone who thinks Pronger is going to be playing for $525k in 2016-17 when that may actually be below league minimum by then? Or that Hossa will be playing for $1m when he’s 42?
They’re not circumventing the cap. Wink wink, nudge nudge.
DON'T PANIC.
If we gave Kovalchuk, say, $10 million a year for the first ten, and $1 million a year for the last seven, I would say the opposite: How is that deal not circumventing the cap? I mean, what other reason would there be for doing it like that? Is there any other reason to structure it that way, instead of paying him the same thing every year for all seventeen? I mean that seriously, because there might be other justifications for it, but I don’t know any.
by Dr. Witticism on Jul 19, 2010 3:23 PM EDT up reply actions
Because the value of money decreases over time. Kovalchuk contract is worth a lot more if you front load it.
And the argument goes that as they age their skill diminishes and they aren’t worth as much…
DON'T PANIC.
It also makes it more likely for Kovalchuk to retire at 40 when he is making 1 million than if he was still making 6 million.
Hmm…I understand all of these justifications, and they may be perfectly legitimate.
But in the end, everybody knows the real reason. I guess the question is whether or not they can prove it!
by Dr. Witticism on Jul 19, 2010 3:39 PM EDT up reply actions
The NHL isn’t going to stop the biggest FA signing in its history….that would be terrible PR.
Going to 44 is rough, but Chelios played at the age of 46 (or around that).
I would put it at a 1% chance Kovalchuk plays at age 44
Good point, they would never actually stop such a huge blockbuster deal unless they had incontrovertible proof that was publicly disclosed, and, as a result, they were forced to act.
by Dr. Witticism on Jul 19, 2010 3:49 PM EDT up reply actions
I think it will also be very interesting to see whether the Devils trade Kovalchuk after his cap hit goes down. If he doesn’t have a no-trade clause in those latter years, there would be small-market teams or rebuilding teams lining up for him – teams with cap space but not real money who could take on his cap hit while only paying him a million a year. It will be very interesting to see how extensive a no-trade clause has been built into this contract.
NMC through June 30, 2017.
NTC starts July 1, 2018
He can be traded from July 1, 2017 to June 30, 2018. That’s it. I suspect that this NMC/NTC structure is intended to show the league that Devs are serious about keeping him as long as he can play, and still provide them with 1 seasons worth of an “out.”
correct me if i'm wrong
“after his cap hit goes down”
doesn’t his cap hit remain at $6MM for the life of the contract?
Through all of this, the next CBA will be changed to address this very type of contract.
"What in tarnation's goin' on 'round here?!?" - Yosemite Sam in reference to Ilya Kovalchuk not yet signing
And everyone can blame the Devils for the next lockout too.
by kellyn on Jul 19, 2010 3:40 PM EDT up reply actions 1 recs
No matter what, fans of other teams in the League blame the Devils for everything!
"What in tarnation's goin' on 'round here?!?" - Yosemite Sam in reference to Ilya Kovalchuk not yet signing
Maybe we can get them to get rid of the evil tapazoid…
There is nothing quite as satisfying as out running security after you've punched out a Flyers fan!
Hopefully, but alas, it will come too late for Marty. Shame.
"What in tarnation's goin' on 'round here?!?" - Yosemite Sam in reference to Ilya Kovalchuk not yet signing
My guess is that once Marty retires, the rest of the league will “suddenly” see how removing the trapezoid will help protect the D like Marty has been saying for the past while…
by HockeyWeasel on Jul 19, 2010 4:09 PM EDT up reply actions
Yep
"What in tarnation's goin' on 'round here?!?" - Yosemite Sam in reference to Ilya Kovalchuk not yet signing
You might want to change your sig now Skuba. :)
by HockeyWeasel on Jul 19, 2010 4:44 PM EDT up reply actions
Happy to see that, they dropped him for very little. Walker will be lucky to ever play in the NHL with Philadelphia. They have 8 NHL Defenseman contracts. I guess either Walker or O’Donnell and Bartulis wont be playing
"What in tarnation's goin' on 'round here?!?" - Yosemite Sam in reference to Ilya Kovalchuk not yet signing
Insurance for any and all of Pronger’s suspensions.
by Marty 4 Prez on Jul 19, 2010 2:55 PM EDT up reply actions
Get used to it. The league knew they needed cap space.
The league knows the Devils need cap space.
I hope Lou’s got the lube in hand.
Agreed, but it seems a far, far cry from the talk of sending him to LA for Quick. Not that I expected that to happen… it just seems a bad send off to a fan favorite and the (previously) longest tenured Flyer.
DON'T PANIC.
LA is having a terrible off-season
They now might have to go back to Frolov.
" I don't go to work.... I go to a game" - Bob Sheppard RIP
by RolliePollieKovy on Jul 19, 2010 3:05 PM EDT up reply actions
Yeah they are saying the Devils will make the finals, conference finals and done and then loosing Parise to FA.
" I don't go to work.... I go to a game" - Bob Sheppard RIP
by RolliePollieKovy on Jul 19, 2010 3:11 PM EDT up reply actions
What are you on about?
I’ve heard far more insulting things from Devils fans about the Kings’ future, BTW.
In Dinglebarn We Trust
why is it even an issue?
Different conferences, different situations…I would have had no problems with Kovalchuk signing with the Kings – in fact I absolutely would have preferred it to an Eastern Conference team.
I think an honest assessment is that the Kings are a few years away from powerhouse status in the West because you guys are a bit young and Chicago/Detroit/San Jose/Vancouver are a couple years away from the end of a cycle.
On the other hand, the Devils are in win-now mode to try to get another Cup before Marty hangs up the pads and Lou has shown recently that he’s willing to be more aggressive than usual to achieve that goal.
See? No animosity. I dunno who’s been posting over at JFTC but I feel like most of us over here feel the same way I do, especially this past week when we figured Kovy-to-LA was as good as done.
I think RPK might have misread a comment over at JTFC, but I agree. I’ve always thought both clubs were perfectly fine choices. I appreciate that. More power to ya.
In Dinglebarn We Trust
by Niesy on Jul 19, 2010 5:11 PM EDT up reply actions 1 recs
Reports say Dean Lombardi just punched a hole in the Staples Center.
Police are investigating. ha ha ha
" I don't go to work.... I go to a game" - Bob Sheppard RIP
by RolliePollieKovy on Jul 19, 2010 3:10 PM EDT up reply actions
plus there’s a sea of jelly in the Kings locker room.
Go Devils
Go Jets
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Haha.
How much room does Nashville have? I’m thinking Salvador, Zubrus, and a second round pick, and they give us Ryan Parent.
by Dr. Witticism on Jul 19, 2010 3:05 PM EDT up reply actions
Unless he’s free, anyone we let go is going to leave in return for a bag of funions and a mountain dew, anything more is just cap space.
A bag of Funions and a Mountain Dew is far more valuable than Ryan Parent, and would cost us significantly less.
by Dr. Witticism on Jul 19, 2010 3:10 PM EDT up reply actions
NO PARENT
The Flyers didn’t want him and traded him away for rights. Plus, he doesn’t fit in the roster. We already have Corrente, Urbom, Taormina, etc. And we don’t have a 2nd round pick and Nashville is going to keep Parent.
" I don't go to work.... I go to a game" - Bob Sheppard RIP
by RolliePollieKovy on Jul 19, 2010 3:09 PM EDT up reply actions
This is a ridicolous contract
That place was for diehard sports fans. I only follow my team when they're in the playoffs" - Homer Simpson
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by bestbostonsports on Jul 19, 2010 3:24 PM EDT reply actions
Must be talking about Tim Thomas’s contract…
"What in tarnation's goin' on 'round here?!?" - Yosemite Sam in reference to Ilya Kovalchuk not yet signing
Ha
yeah
That place was for diehard sports fans. I only follow my team when they're in the playoffs" - Homer Simpson
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by bestbostonsports on Jul 19, 2010 3:29 PM EDT up reply actions
+1 LoL
There is nothing quite as satisfying as out running security after you've punched out a Flyers fan!
The
Kovalchuk one
That place was for diehard sports fans. I only follow my team when they're in the playoffs" - Homer Simpson
Join the Lacrosse community The Lacrosse Blog
by bestbostonsports on Jul 19, 2010 3:28 PM EDT up reply actions
How so sir/ma’am?
"What in tarnation's goin' on 'round here?!?" - Yosemite Sam in reference to Ilya Kovalchuk not yet signing
Ma’am, thank you.
17-year deal? Thats crazy
That place was for diehard sports fans. I only follow my team when they're in the playoffs" - Homer Simpson
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by bestbostonsports on Jul 19, 2010 3:31 PM EDT up reply actions
Ok, so its the length of the deal that you find crazy. Well, presumably, Kovalchuk will play more like 12 years than 17, and if he retires when he is 38-39, the contract will look even better when the money comes off the Cap.
Wonder what the contract terms will be.
"What in tarnation's goin' on 'round here?!?" - Yosemite Sam in reference to Ilya Kovalchuk not yet signing
If that’s true, of course.
And I hope it is lol.
by Marty 4 Prez on Jul 19, 2010 3:26 PM EDT up reply actions
And we would be so very happy…
"What in tarnation's goin' on 'round here?!?" - Yosemite Sam in reference to Ilya Kovalchuk not yet signing
I hope he does, so we can all collectively laugh at him.
"What in tarnation's goin' on 'round here?!?" - Yosemite Sam in reference to Ilya Kovalchuk not yet signing
Burnside is an idiot. Look what he posted on his Twitter – 17 years, $150 million, which he then amended to “I hear he will make 150 million in total earnings including atlanta”. Honestly, did a $9 M cap hit for 17 years not set off some alarms in his head?
Time to play with the Salary Cap Calculator!
"What in tarnation's goin' on 'round here?!?" - Yosemite Sam in reference to Ilya Kovalchuk not yet signing
I just had a horrible thought!
If the contract is 17 years at $100mil + then that means Larry Brooks was right!!!
REPENT! ALL REPENT! THE END IS NEAR!!!
There is nothing quite as satisfying as out running security after you've punched out a Flyers fan!
Even a stopped clock is right twice per day.
by HockeyWeasel on Jul 19, 2010 3:43 PM EDT up reply actions
If you throw enough darts at a dartboard, you’re going to hit the bullseye once. Law of Averages.
In Lou We Trust: Now More productive than a New Jersey Devils Powerplay
"Pfft, Wii’s where it’s at. *Swings toy plastic racquet, separates shoulder"- RudyKelly
by Kevin Sellathamby on Jul 19, 2010 5:19 PM EDT up reply actions
Why Essex Fells?
My guess is that Mr. and Mrs. Kovalchuk either live it up in Manhattan or they live in West Orange like all the other Devils and buy a helicopter so the Mrs. can fly to Manhattan or Brighton Beach or wherever else she wants to go.
Well, not ALL of the other Devils. My wife’s company does high end work for people with more money than sense, and have had many Devils as clients.
But, yeah… why Essex Falls?
DON'T PANIC.
My fiancee lives in Caldwell, and taking a back road from 280 back to her mom’s house, she thinks that some of the houses we pass in Essex Fells are owned by some of the Devils (granted it’s only an assumption).
by Marty 4 Prez on Jul 19, 2010 5:29 PM EDT up reply actions
Essex Fells is the tiniest town in NJ. I’m not sure how the schools are there, but I imagine the kids go to the same schools as kids in Roseland and maybe Caldwell.
Where does a guy with this much money live when he has to go to work in Newark? West Orange and Livingston and Millburn are fine towns and all with plenty of wealth, but I wouldn’t call them glamorous or chic enough for baller young couple like the Kovalchuks.
And why are we even speculating on this? This isn’t the TMZ website.
I’m pretty sure the Oranges is a pretty affluent neighborhood.
And why are we even speculating on this? This isn’t the TMZ website.
Indeed. It’s a bit silly. Let’s end it here.
Devils in my heart! Devils in my mind! Devils in my eyes! Devils until I die!
In Lou We Trust - The New Jersey Devils SBN Blog
by John Fischer on Jul 19, 2010 5:51 PM EDT up reply actions
In the case of Parise you can probably relate it to Washington managing to keep Backstrom Green and Ovie under mind numbingly huge contracts while magically being under the salary cap so why cant Lou figure out a way to keep Kovy Zack and Green while getting rid of unnecessary cap space being occupied by currently overpaid players (ex. Rolston)
Personally I would have liked to see Kovy go to the Kings BECAUSE then we could like the rest of the NHL would raid the young Kings of all their young talent ( Johnson, Brown, Kopitar, ect.) but this works to.
To your first point: I don’t know how many players with NTCs Washington had and how many moves they made to do that, but if their NTCs were few and they made a lot of moves I’d say it’s not a good comparison for our situation. We have eight players with NTCs, and several of the players that would be ripe for this kind of cap managing happen to have those NTCs.
To your second point: I think that with the contract Koivu just got, those young guys like Brown and Kopitar are going to get just $1 or $2 million less than Kovy. I say that based on Kovy getting $6 million a year, because those kids won’t get 17 year deals, so their contracts won’t be front loaded and the team will end up paying them $5 to $6 million a year.
by Dr. Witticism on Jul 19, 2010 4:06 PM EDT up reply actions
Welcome Back Kovy!!!
In the very least, he looks much better in red and black rather than black and purple.
I suffer from selective short term amnesia and have chosen to forget about the 2010 post season.
by Devil_Hard_Core on Jul 19, 2010 4:04 PM EDT reply actions
Different Perspective on who to move
Alot of people are saying move Colin White and Brian Rolston. Now.. while you might be right about their productivity and how we need cap space, but have we forgotten these are Devils who have won cups with this organization? Loyal Devils! Not to mention, they’re Americans!!! It is cool to have Americans on our team IMO. Never the less, you might be right, but I would really like to Frasier, White, and maybe Rolston go only if it where possible to pick up Kaberle. Is that a possibility? Any ideas?
No possibility, besides the NTC’s of White and Rolston, taking on Kaberle’s $4.25MM salary wouldnt help us. Fraser is most likely not going anywhere, as he is a serviceable defenseman who still has potential to get better and more importantly, doesn’t make that much money (pending the arbiter’s decision).
Forget Kaberle, we need to shed payroll, not take any on.
"What in tarnation's goin' on 'round here?!?" - Yosemite Sam in reference to Ilya Kovalchuk not yet signing
I’m sorry but, as much as I love loyalty in sports, a team can’t decrease its chances of winning just because a player has been good and loyal to it. At what point do you get rid of them? In the end, it’s about winning.
by Dr. Witticism on Jul 19, 2010 4:22 PM EDT up reply actions
For the sake of playing the ignorant card.
17 year deal will essentially lock Kovy up as a Devil for his career, I’m willing to bet he retires before he is 44 though..haha
Quick question..at a barely 6 mil per year cap hit, I LOVE this deal, but does it mean even if the Devs were to lose him in say 10 years to retirement, he would still be paid out the 7 year difference?
Just need clarification on how that works. I understand if another team were to pick him up at 37 for another 7 years (highly unlikely) they would have to cover the difference…
Yes, they would have to pay it out, but since he only gets $1 million a year for those last seven, it would only be $7 million total. So, the thinking is that if that happens, you basically had a $10 million a year for 10 years contract, but with a cap hit of only $6 million. They will be perfectly happy with paying out that last $7 million because that just makes it $10 million/year for ten years, instead of $6 million/year for 17 years.
Now, if they were only willing to give him a 7 to 10 year contract, they would probably have to pay him 8.5 to 9 million a year, and since it wouldn’t be front loaded, it would have a cap hit of 8.5 to 9. In the end, they’re still paying him only 1 to 1.5 mill less than the contract we just made, but at a cap hit that’s 2.5 to 3 mill higher.
In short: he retires after ten, and it’s a $10 million/year for ten years contract, with a cap hit of $6 mill. If he goes the whole 17, it’s a $6 million/year contract for 17 years with a $6 mill cap hit.
by Dr. Witticism on Jul 19, 2010 4:40 PM EDT up reply actions
Im kind of new when it comes to understanding how cap hits and $$ per year in LT contracts work.
Basically, you’re saying, when averaged, the NET cap hit for the total 17 yrs, is 6/yr. Correct?
by Drew95.00.03 on Jul 19, 2010 4:49 PM EDT up reply actions
Yep. I’m completely new to this as well. I’ve only just started learning about all of it over the course of the last two weeks (for obvious reasons).
by Dr. Witticism on Jul 19, 2010 4:50 PM EDT up reply actions
so in the contract, that is stipulated??
regarding his retirement and everything? The last 7 years are only a million each if he chooses to play beyond 10?
by Drew95.00.03 on Jul 19, 2010 4:51 PM EDT up reply actions
His eventual retirement is a separate issue.
Again, assuming the 17-year, $102 million figure is accurate (with 8 years at $10 mil, 2 years at $7.5 mil, and 7 years at $1 mil), it’s essentially a 10-year, $95 million contract, with 7 years at $1 mil thrown in to keep the cap hit down.
by HockeyWeasel on Jul 19, 2010 4:58 PM EDT up reply actions
The cap hit is the average annual value of the contract. Take the total amount of money, and divide it by the term. In Kovy’s case, if the 17-year, $102 million is accurate, he’ll have a cap hit of 6 million for every year he’s on an NHL roster over the life of the contract.
by HockeyWeasel on Jul 19, 2010 4:55 PM EDT up reply actions
Can someone please explain the difference between a No Movement Clause and a No Trade Clause? I was just looking at all the contracts again and trying to figure out the possibilities (like everyone else here), and I noticed that Elias has an NMC as opposed to an NTC.
No Movement Clause Means that he Can’t be sent to the minors and he can’t be traded. Its basically a not trade clause on steroids. A No Trade Clause is exactly what it sounds like.
by devilstuckinkansas on Jul 19, 2010 4:31 PM EDT up reply actions
But why would you need that “can’t be sent to the minors” part if you have a one way contract anyway? I still don’t get it…
by Dr. Witticism on Jul 19, 2010 4:32 PM EDT up reply actions
Sending one-way contracts to the minors doesn’t remove them from the payroll, but it does remove them from the cap.
For example — if the Devils tried and failed to trade Salvador, they could put him on waivers. If he went unclaimed, he could be sent to Albany. The team would still have to pay him his full salary, but he wouldn’t count against the cap.
by HockeyWeasel on Jul 19, 2010 4:41 PM EDT up reply actions
One-way and two-way contracts have nothing to do with waivers or being able to be sent down to the minors. They have to do with player salary.
Any player can be moved if the FO feels they should be. Salary usually plays a role in that, for instance paying Rolston $5m to play in Albany, but a NMC prevents it from ever being an option at all.
DON'T PANIC.
One way contracts mean that you have to clear waivers before you can be sent to the minors, you can still be sent, theres just an extra step
by devilstuckinkansas on Jul 19, 2010 4:38 PM EDT reply actions
Right I know that. But I guess what you’re saying is that they can’t even send you just to put you on waivers? So basically, they can’t get rid of you in any way unless you waive the NMC?
by Dr. Witticism on Jul 19, 2010 4:41 PM EDT up reply actions
Yeah. A player with an NTC is still open to waivers and demotion to the minors. A player with an NMC isn’t going anywhere without approving it first.
by HockeyWeasel on Jul 19, 2010 4:43 PM EDT up reply actions
I am a jealous Islanders fan
a lot of the Lighthouse Hockey posts were against getting Kovy, but I wanted him. I think the Islanders have some bright talent but a big named talent that is already established woul dhave been a nice addition.
Don’t be jealous…you may have your own Russian superstar back soon too. Then we can all be one happy family again. Well not really…but it’s the thought that counts.
I would be pretty angry if my was thinking of signing Yashin, and any other team should be equally enraged at the prospect. Then again, the Isles have to get to that cap floor somehow.
by Dr. Witticism on Jul 19, 2010 5:01 PM EDT up reply actions
The Isles signing Yashin would be nothing short of hilarious. For them, he’d be a double-whammy on their salary cap with the contract he’d be playing under and the buyout of his original contract that’s on the books through the end of the 2014-2015 season.
by HockeyWeasel on Jul 19, 2010 5:04 PM EDT up reply actions
The player so nice they paid him twice!
by Dr. Witticism on Jul 19, 2010 5:05 PM EDT up reply actions
I know it’s not much of a consolation prize, but there’s still a Frolov out on the free agent market.
by HockeyWeasel on Jul 19, 2010 5:00 PM EDT up reply actions
Great, just like Yashin he can go to the Islanders and play even farther below expectations than he already did with his last team :)
by Dr. Witticism on Jul 19, 2010 5:04 PM EDT up reply actions
Kovy has a Cap Hit that is lower or equal to 45 other NHL’ers, including some gems JS Giguere, Jovanovski, Redden, Drury, Campbell, etc
"Don't worry about my Cap." - Lou Lamoriello
So What do we think the rocks devils jersey distribution is going to be, I’m going with: 35% Kovy, 25% Parise, 20% Marty, 5% Elias, 5% Langs, 10% Misc.
by devilstuckinkansas on Jul 19, 2010 5:14 PM EDT reply actions
There’s going to be a good number of Volchenkov jerseys too. But count me in the Misc. category, I want a Hedberg. (This also coming from the guy who’s favorite player has always been Sergei Brylin.)
by HockeyWeasel on Jul 19, 2010 5:30 PM EDT up reply actions
Same here. I’m buying a Volchenkov Vintage Red/Green from icejerseys as soon as they get them back in stock.
Why would you do that? Volchenkov never wore the jersey, but I still wonder what number he will be wearing.
"Don't worry about my Cap." - Lou Lamoriello
I thought they were going to wear the red/green again for one game this coming season.
by HockeyWeasel on Jul 19, 2010 5:39 PM EDT up reply actions
Not confirmed, and since we do not have a St Patrick’s Day game this year, the only other time would be Christmas.
I dunno, I dont like the thought of getting a jersey where the player hasnt worn the style jersey yet. Kind of like getting a vintage Crosby jersey with the old Penguin logo or worse yet, the yellow they wore some 20 years ago.
Even with our Vintage jersey, I got mine with Patty Verbeek on the back.
Although, as a buyer/seller, I do have an Official CCM Vintage Zach Parise jersey for sale, size XL if anyone is interested.
"Don't worry about my Cap." - Lou Lamoriello
Brylin always worked for me, been a fan of his since Game 4 in 1995 versus Detroit. His goal was the one that started my tears of happiness…
"Don't worry about my Cap." - Lou Lamoriello
I would get a vintage jersey but I’m kind of not a fan of the CCM style of the jersey with the Reebok wording on the back. I would have preferred a strictly Reebok styled jersey with the vintage coloring to match.
"We aim above the mark to hit the mark." -- Ralph Waldo Emerson
"We're looking at hiring the Red Army choir to perform at half-time along with Russia's top dancing bear collective." -Mikhail Prokhorov
"Don't worry about my cap" - Lou Lamoriello
haha I agree, I picked up an away (white) jersey for Zajac last april. I wouldn’t mind a Kovy jersey but that would make my collection four which is a lot of jerseys.
"We aim above the mark to hit the mark." -- Ralph Waldo Emerson
"We're looking at hiring the Red Army choir to perform at half-time along with Russia's top dancing bear collective." -Mikhail Prokhorov
"Don't worry about my cap" - Lou Lamoriello
Holy poop. Surely, they can’t all be yours?
But I guess this is the best time to buy a Kovalchuk jersey. It’s not like he’s going anywhere anytime soon lol
I’m still on my quest to find Zajac merchandise here in Toronto. Or online for that matter. Anyone know any particular stores in the Manhattan area that I should look at? I’m planning a trip down there soon.
You could always go to the NHL Store, you should go to visit anyway, but… Zajac is not an easy find, all you find at retail stores is Parise and Brodeur.
Oh, and yes, those were all mine, I have been collecting, buying and selling for 10 years and have had maybe 2 dozen Devils jerseys, including Zajac.
But its time for a Kovy jersey perhaps, although Android will be 1st.
"Don't worry about my Cap." - Lou Lamoriello
Wow
The NHL store is the best. Order it there pick out the name. Come back in 2 hours which isn’t a long time in NYC and it’s ready. Thats where I am going for my Volchenkov jersey.
" I don't go to work.... I go to a game" - Bob Sheppard RIP
by RolliePollieKovy on Jul 19, 2010 6:57 PM EDT up reply actions
HOLY MOLY!!!!
I just realized that this contract being reported can’t be right!! From what I’ve read, according to the current rules a team can only lower a player’s salary in any season by just 50% of the lowest salary given in his first two seasons.
If Kovy is getting $10 mill for the first 8 seasons, the most his salary can go down in any other seasons in his contract is $5 million. So for seasons 9 and 10 he goes down to $7.5, and that’s fine. But to get from $7.5 down to $1 mill for the 11th season, it would have to go down $6.5 mill, and they can only lower it by $5!
Have I misunderstood that rule or did I read it somewhere and was duped? If not, the reports simply can’t be true!
Sorry, I'm wrong!
SORRY SORRY SORRY!
I realize now that all that’s been reported is $10 for the first 8 seasons, and $7.5 for the 9th and 10th. There have been no reports on how it will play out in the last 7. Could be $2.5 for the 11th, then 750,000 for the 12th, etc. etc.
My fault, sorry!
by Dr. Witticism on Jul 19, 2010 5:21 PM EDT up reply actions
Yup, this would make sense. Bring it down to 2.5 for the 11th, bringing the total so far to 97.5. You then have 6 seasons and 4.5 left to pay out. 4.5 divided by 6 = 750,000
I feel soooo stupid for posting that. Sorry everybody.
by Dr. Witticism on Jul 19, 2010 5:24 PM EDT up reply actions
No worries, I just read the same on Yahoo! and started trying to figure it out. It is premature to put out by Chesnokov that the deal will be at $1MM each of the last 7 years, as this is not allowed by CBA rules. But, like Lou says, “Don’t worry about my Cap.”
"What in tarnation's goin' on 'round here?!?" - Yosemite Sam in reference to Ilya Kovalchuk not yet signing
Oh, he did actually say that it was $1 mill for the last seven? See, I thought I had read that, and then my post would make sense. But then for some reason I thought that maybe I just read about the $10 for 8 seasons and $7.5 for 9 and 10, and I just assumed the $1 for the last 7 seasons. Now I don’t feel quite as stupid.
Sorry, this was supposed to be a reply to Skuba7 above.
by Dr. Witticism on Jul 19, 2010 5:35 PM EDT up reply actions
We’ll find out soon enough. According to TG, the league is still reviewing the contract and hasn’t approved it yet.
by HockeyWeasel on Jul 19, 2010 5:52 PM EDT up reply actions
Who knows? But I hope Lou and Grossman made this thing air-tight, because I’m sure Bettman would love to torpedo one of these uber-front-loaded long-term deals…
by HockeyWeasel on Jul 19, 2010 6:03 PM EDT up reply actions
We just paid WHAT for WHO!?!
Nah..it’s cool Kovy…we have all been there before. Actually I’m kind of having a driver cap..white t shirt…leather and rabbit fur kilt with knee boots kind of day today by chance.
by HELLAWAITS on Jul 19, 2010 6:22 PM EDT reply actions 2 recs
applause
Where in God’s name did you dig up this picture from?
"We aim above the mark to hit the mark." -- Ralph Waldo Emerson
"We're looking at hiring the Red Army choir to perform at half-time along with Russia's top dancing bear collective." -Mikhail Prokhorov
"Don't worry about my cap" - Lou Lamoriello
Seriously
Where did this come from? And are we sure that’s Kovy? Looks funny
"Don't worry about my Cap." - Lou Lamoriello
Rec'd
There is nothing quite as satisfying as out running security after you've punched out a Flyers fan!
"I was in the moment, and the moment said smack you." - Bruce Willis
by slackdog_rm on Jul 19, 2010 10:45 PM EDT up reply actions
Absolutely Stunned and Vindicated
WOW. Who saw this coming after all the LA talk? I wonder how much of the back story to how all this came about we will get at the press conference tomorrow. And who can believe the Devils actually holding a a press conference for a re-signing and it will be watched across the courntry and Canada. I love it. Well I’d like to say I am vindicated having been one of the few people here who back when the trade was made last season came out and said Kovy would NOT be a rental and that Lou would NEVER had made the trade unless he knew he was going to make a serious effort to make Kovy much more than a rental. Moroever, I feel vindicated in the sense that I have said the Devils need a deeper offensive attack than they have had in recent years and I felt Lou understood that and he did by making offensive with Kovy a priority along with Arnott. I will come out and say now that I feel we should spread out our three best offensive players all natural left wings and go with three scoring lines next year led by Parise, Kovy, and Elias.
Interesting alternative rumored cap structure
Added into TG’s Fire and Ice post about the needed NHL approval of the contract this tidbit:
According to the Minneapolis Star Tribune, the breakdown is his: $6 million for each of the first two seasons, followed by five seasons at $11.5 million per season, one season at $10.5 million, one season at $8.5 million and another for $6.5 million. That first 10 years adds up to $95 million. The remaining $7 million is spread over the last seven seasons as follows: $3.5 million/$750,000/$550,000/$550,000/$550,000/$550,000,$550,000.
6 million for the first two seasons? Evidently the Devils’ cash flow is not infinite after all. Note that the really big money starts after Rolston, Salvador, White, and Brodeur’s contracts expire.
CAPGEEK shows $6MM per
I was just going thru the Salary Cap Calculator with the Devils once again, and they have Kovalchuk’s contract in the lineup!
IN LOU WE TRUST!!!
"Don't worry about my Cap." - Lou Lamoriello
They’re going with the Minneapolis Star Tribune’s version of things.
Those Minnesotans really know how to report their NJ news.
VERY good sign from Parise - and interesting news about Langs
Per TG’s latest post
Zach Parise is on his way to New Jersey to welcome back Ilya Kovalchuk.
Parise just called me from the airport in Minnesota where he is awaiting a flight to Newark for the news conference Tuesday at Prudential Center to officially announce the re-signing of Kovalchuk.
"I’m headed out your way," Parise said.
Devils captain Jamie Langenbrunner also will be at the news conference—which might tell you something about the Devils’ plans to have him still be on the team in 2010-11.
That ZP wants to fly out to NJ to welcome Kovalchuk into the family is a big deal. It means he has every intention of forming a powerful one-two combo with Kovy for a long, long time. It also means there is ZERO “i want to be the alpha dog around here” mentality from Zach, which isn’t something I would expect from him anyway but which has been floated by commenters on this site as a potential negative ramification of a Kovalchuk signing.
Also, the Langenbrunner thing doesn’t surprise me one bit. Langenbrunner is too good a value for the Devils to trade him now.
hm the blockquote thing didn’t work out quite the way I expected it to. In any case, TG’s quote ends at “2010-11.”
So its probably down to Zubrus and Salvador being traded. I hope its Salvador.
" I don't go to work.... I go to a game" - Bob Sheppard RIP
by RolliePollieKovy on Jul 19, 2010 6:57 PM EDT up reply actions
Although I prefer Zubrus in our Lineup, Id rather he be traded. Moving Salvador means we will have a very young Defense (Salmela, Fraser, Corrente, Eckford) with only Android, Tallinder, Greene and White as returning veterans. Zubrus can more easily be replaced in our lineup (IMO) than Salvador.
"Don't worry about my Cap." - Lou Lamoriello
I mean find a player on the Devils roster that isn’t a “me” type of player. People say Kovalchuk is but c’mon if you had to pick a job that would continue until you retire and two top job’s are on the table. Would it take you a couple days to decide when they both are equal amounts? Its a career decision.
" I don't go to work.... I go to a game" - Bob Sheppard RIP
by RolliePollieKovy on Jul 19, 2010 7:00 PM EDT up reply actions
signing or "trade"
does this mean we just ‘traded’ Parise for Kovalchuck? I don’t think that would be a deal fans would have supported. If Lou can keep them both…well…Parise will explode with production if the competition puts thier shut down line ‘gainst Kovy. We could have two of the best top lines in the league…but, Lou, seriously, don’t let Parise go.
by leed's 13th child on Jul 19, 2010 7:08 PM EDT reply actions
we have almost 10 million dollars to sign parise next year with langenbrunner, arnott and parise’s own three million. and parise wont even be asking for that kind of money. parise is staying long term with kovy and these two will win a Cup together. Dont be surprised if parise is locked up long term later this summer, in fact I expect lou to do that.
Lou would not have made the deal if it jeopardized keeping Parise. Arnott’s salary alone coming off the books next summer should provide enough space to sign ZP to a long-term deal. Parise is the heart and soul of the Devils, and likely the future captain, and Lou knows it.
The Devils were in the middle of a brutal 1/2 season long slump when Kovalchuk came on board last season. The team just wasn’t functioning right after tearing it up the first half of the season. It’s going to be great to see Kovalchuk fit into a team with steadier footing following a preseason together. The Devils will be a difficult team to handle with either Parise or Kovalchuk on the ice for 40+ minutes a game.
And Volchenkov on D for 20+ minutes. We finally have a match to Pronger against the Flyers or atleast got better matching up against him. Parise seeing the ice for 20 minutes and Kovy seeing about 25 minutes depending on the PP opportunities and A-Train on defense and Marty in goal, this team is somthing special.
" I don't go to work.... I go to a game" - Bob Sheppard RIP
by RolliePollieKovy on Jul 19, 2010 7:29 PM EDT up reply actions
Who's Leaving?
I’m guessing it’s any or all of the three: Mottau/Salvador/Zubrus. Zubrus played terrifically after coming back from his injury, particularly on the wing, but I just have that feeling that he won’t be in a Devils uniform next year.
"We aim above the mark to hit the mark." -- Ralph Waldo Emerson
"We're looking at hiring the Red Army choir to perform at half-time along with Russia's top dancing bear collective." -Mikhail Prokhorov
"Don't worry about my cap" - Lou Lamoriello
It took me a while to put all my thoughts together, but here it is.
Basically, the issue of 2011-12’s cap will warrant a separate post.
Devils in my heart! Devils in my mind! Devils in my eyes! Devils until I die!
In Lou We Trust - The New Jersey Devils SBN Blog
so do ya'll still trust Lou?
That’s a rhetorical question to some extent. But wow, these long-term contracts are getting out of hand. At least this whole Kovalchuk watch charade is over.
I hope Kovy puts up some huge numbers for the Devils.
Patty Marleau lives an erotic life.
Potential Roster for This Season
I ran the numbers on capgeek.com and if we use this roster we are $68,333 under the cap. I know hard to believe.
Parise-Zajac-Zubrus
Kovy-Arnott-Elias
Rolston-Josefson-Clarkson
Leblond-Henrique-Pelley
Volchenkov-Kaberle
Tallinder-Greene
Corrente-Urbom
with Perkovich and Salmela rotating in. Trade Langenbrunner for Kaberle. Both have only one year left on their contracts, and Burke loves Langenbrunner. Also that would allow us to name Parise captain, thus giving us a better chance of signing him again. I know that Salvador, Langenbrunner, and White all have NTC’s or NMCs, but most players who are asked to waive NMCs and NTCs end up doing it in the end. I didn’t get rid of Rolston because I don’t think anyone would take him. The others are solid players but we can get rid of them and not be hurt too much. I don’t like how White has played, and although I like Salvador, we have to shed cap. Kaberle provides insurance for Greene. If Greene doesn’t play as well as he did last year we can let him walk and try to sign Kaberle, otherwise we got a good rental for a run at the cup and can sign Greene.
What do you guys think?
re Kaberle
It would take a miracle to a)move Jamie, and b)get Kaberle for him and c) still find enough cap room to keep him. Three miracles = impossible.
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