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Kovalchuk Deal Rejected
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07-20-2010, 10:31 PM
Join Date: Apr 2009
Originally Posted by
Hossa's contract is similar (as are others), but not nearly as brash as this one is. Now, sure, that's just a matter of if they went too far... but they're definitely comparable deals.
They're comparably in that they all are designed to circumvent the cap and keep a star player for the rest of their careers, but they're definitely not similar in the sense that they're two completely different beasts. All of the similarities are pretty loose similarities that don't really matter in this instance.
Well, they specifically cited "cap circumvention" in the dismissal.
The NHL has rejected Ilya Kovalchuk's 17-year, $102 million contract with the New Jersey Devils on the grounds that it circumvents the NHL's salary cap.
Now, how they arrive at that argument is a good question. If they have some dirt on the deal that lets 'em prove that the Devs and Kovalchuk have any understanding that he won't be playing out the deal, then that's the ballgame. However, the other argument they can make is that 550K is below league minimum at that point, and therefore not a legitimate annual salary... We'll have to see how it plays out.
My guess is that they just tweak the contract and get it done.
They can cite whatever they want I think, but I don't think that's what they
to present to an arbitrator. Even if its, then they still have very stable legs to stand on. Just by looking at the contract it's clear the Kovalchuk won't fulfill it and it's designed to circumvent the cap. The contract itself does half of the work.
It's not like the league would reject a contract and then not be prepared to make an argument about it either. They know what they're doing.
Whether they're arguing that it's cap circumvention or that Kovalchuk won't play out the contract or both of those things, I just don't see the NHL losing an arbitration case.
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