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Kovalchuk Re-signs! [17 years, $6M cap hit]

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Old
07-19-2010, 03:14 PM
  #76
åboriginal
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Quote:
Originally Posted by Saugus View Post
I'm glad you were right, abo. But please don't become "that guy" for the next couple of years.
haha dont worry. i said it once. i shall await my truckload of snickers at my abode however.

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Old
07-19-2010, 03:14 PM
  #77
DatBoyJPP
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Originally Posted by kyle evs48 View Post
hahaha Kings fans must feel violated

no Kovy, no Gagne
But Lombardi is the best GM evar!

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Old
07-19-2010, 03:15 PM
  #78
Richer 44
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And there will be no incentive for him to stay in hockey. If my guess is correct, by the time he even gets to 36-37 the annual salary will be like 2 M bucks. He will make 80% of the contract in the first 8 years

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Old
07-19-2010, 03:16 PM
  #79
theking72
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Year 1 $10
Year 2 $10
Year 3 $10
Year 4 $10
Year 5 $10
Year 6 $10
Year 7 $8
Year 8 $8
Year 9 $6 - Kovalchuk breaches contract and leaves to play in the KHL at age 36
Year 10 $6
Year 11 $4
Year 12 $4
Year 13 $2
Year 14 $2
Year 15 $1
Year 16 $0.50
Year 17 $0.50

Total $102M, $6M cap hit per year

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Old
07-19-2010, 03:16 PM
  #80
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Bob Hartley was on CKAC right now commentating the IK signing. He actually talked to IK yesterday and here's what he said in the interview...

- According to his source, IK had two offers at 80M$ from both NJ and LA as late as yesterday but NJ called late last night/early this morning and offered a little more.
- IK took soooooo much time cause Grossman promised him that he would be getting the same kind of contract that Atlanta was willing to offer him but from a better team. When he saw that his agent's promise wasn't happening, he took the best deal they saw since july 1st.
- IK wanted to come back to New Jersey cause he loved his experienced with the team last year but money was also a issue.
- Kovalchuk will play the full 2 minutes on the PP and will Qb our PP... GARANTEED.
- The Devils are planning to play a more "offensive" system and will let their offensive stars show off their talent (Parise, IK, Elias, etc) instead of playing a more "conservative" system. That's one of the things IK wanted to know when negotiating with Lou.

I probably missed a couple of things but that's what I got from his 5 minute interview.

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Old
07-19-2010, 03:16 PM
  #81
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i just went to the kings board. its just blood and stale bagels everywhere. poor b@stards.

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Old
07-19-2010, 03:16 PM
  #82
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Damn, I'll be the same age as him once his contract ends. Now I can keep my avatar for the time being lol.

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Old
07-19-2010, 03:16 PM
  #83
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Quote:
Originally Posted by Elias to Parise View Post
Where's that guy with the "source". The one who said he's not coming back lol.
Obviously keeping his word. I applaud him.

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Old
07-19-2010, 03:18 PM
  #84
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guys its NOT $150 million. stop thinking that. that was the TOTAL earnings for his career including this contract AND his atlanta one.

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Old
07-19-2010, 03:18 PM
  #85
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Originally Posted by Marv4Life View Post
Damn, I'll be the same age as him once his contract ends. Now I can keep my avatar for the time being lol.
Won't you always be the same age as him?

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Old
07-19-2010, 03:19 PM
  #86
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Quote:
Originally Posted by åboriginal View Post
i just went to the kings board. its just blood and stale bagels everywhere. poor b@stards.
I read the best stuff on this board. Blood and stale bagels?

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Old
07-19-2010, 03:19 PM
  #87
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Per Puck Daddy's Chesnokov. 102 million over 17 years. That would be a 6 million cap hit.

Quote:
Kovalchuk $102m over 17 years. $10m per year for the first 8 years. $7.5 for the next 2, from what I heard.
http://twitter.com/dchesnokov/status/18938054894

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Old
07-19-2010, 03:20 PM
  #88
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6M

I love Loupholes!

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Old
07-19-2010, 03:20 PM
  #89
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kuklaskorner

RT @dchesnokov: Kovalchuk $102m over 17 years. $10m per year for the first 8 years. $7.5 for the next 2, from what I heard.
half a minute ago via twicca
Retweeted by nhlupdate


PLEASE LET THAT BE TRUE

6m cap. and we're off the hook when he retires well before that.

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Old
07-19-2010, 03:21 PM
  #90
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I hope we get to hear the ins and outs of the last 3 weeks somehow. Kovalgate: The Movie

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Old
07-19-2010, 03:21 PM
  #91
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Great cap hit. after he makes his money he'll peace to Russia and come off the books. win-win.

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Old
07-19-2010, 03:22 PM
  #92
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Quote:
Originally Posted by DEVILS ALL THE WAY View Post
- IK wanted to come back to New Jersey cause he loved his experienced with the team last year but money was also a issue.
Impossible. Everyone knows that from October of 1982 to now, nobody has ever wanted to be a New Jersey Devil and that everyone hates it here.


Quote:
Originally Posted by theking72 View Post
Year 1 $10
Year 2 $10
Year 3 $10
Year 4 $10
Year 5 $10
Year 6 $10
Year 7 $8
Year 8 $8
Year 9 $6 - Kovalchuk breaches contract and leaves to play in the KHL at age 36
Year 10 $6
Year 11 $4
Year 12 $4
Year 13 $2
Year 14 $2
Year 15 $1
Year 16 $1
Year 17 $0.50

Total $102M, $6M cap hit per year
Other than the fact that I ended at 42, it's pretty dang close to the contract I mocked up a month or two ago (i.e. I did 16 years, not 17)

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Old
07-19-2010, 03:23 PM
  #93
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That is not a terrible deal at all. In fact if they offered the same thing to Zach + NTC I wouldn't toot a hoot

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Old
07-19-2010, 03:23 PM
  #94
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Gonna work on finding out the terms before tommorrow. I'll let you guys know if I hear anything.

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Old
07-19-2010, 03:23 PM
  #95
AfroThunder396
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And now the dominos begin to fall.

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Old
07-19-2010, 03:24 PM
  #96
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Kovy caught the Twilight red carpet premiere in Hollywood and high tailed it outta there. He was quoted as saying " later boners".

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Old
07-19-2010, 03:24 PM
  #97
GratefulDevil
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Quote:
Originally Posted by åboriginal View Post
i just went to the kings board. its just blood and stale bagels everywhere. poor b@stards.


Totally stealing that Abo. When things suck from now on, it's all blood and stale bagels.

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Old
07-19-2010, 03:24 PM
  #98
Unknown Caller
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Well, I guess the terms might have been released already. If the reported $102/17 is wrong, I'll update everyone.

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Old
07-19-2010, 03:24 PM
  #99
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Quote:
Originally Posted by kyle evs48 View Post
hahaha Kings fans must feel violated

no Kovy, no Gagne
And now they may be forced to accept bringing Frolov back into the fold, when they've been busy trashing him for days.

Quote:
Originally Posted by jkrdevil View Post
Per Puck Daddy's Chesnokov. 102 million over 17 years. That would be a 6 million cap hit.


http://twitter.com/dchesnokov/status/18938054894
That would be a fantastic contract. Lou using the Louphole to his advantage. I still think giving out that many years to anybody is insane, but it brought the cap hit down so I can't complain.

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Old
07-19-2010, 03:24 PM
  #100
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I might have to go back to my old username.

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