I was all ready to announce the Devils signing Ilya Kovalchuk to a seventeen year contract for 102 million dollars.
I suppose I could as Kovalchuk signed the contract and the Devils held a press conference announcing it,but the NHL stepped in tonight and rejected the contract as circumventing the salary cap due to its small cap hit over the last few seasons of the deal.
The league said that it was unlikely that Kovalchuk would still be playing at that age (44),but the players union is expected to challenge that and will have several players that will weaken the leagues case,most notably the still active 48 year old Chris Chelios.
More on this as it develops and after the weather clears,I can look at the on ice ramifications of the huge deal for Kovalchuk.
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