Tuesday, July 20, 2010

NHL Rejects Kovalchuk's Contract

Former Ranger & current Sportsnet reporter Nick Kypreos tweets...

NHL deems Kovy contract "a retirement contract". Says it "artificially drops cap hit". Also states its too overloaded the first 10 yrsless than a minute ago via Twitter for BlackBerry®


Under the CBA, the NHL Player's Association has five days to file a grievance, then an arbitrator will decide. The contract remains dead until the decision.

TSN has more on the rejection.

...so does this mean the Rangers still have a chance at getting Kovalchuk? I'm joking.

...assuming some way or another this gets done. But how embarrassing for the Devils to have the contract rejected right after holding a big press conference announcing the signing. You'd think the Devils would have been smart enough to wait on the approval before parading Kovalchuk out there. Especially with such a complex contract.

Arthur Staple of Newsday has this classic tweet in the wake of the Devils jumping the gun on the press conference...

In other #Devils news, the team will hold a Stanley Cup parade before the season begins...less than a minute ago via web


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5 comments:

ivaNYRicov said...

Wow... that is embarrassing... and it wasn't us. Rare slip up from the Devils' side.

Rick said...

I think that the embarrassment belongs to the NHL for not having the foresight to see this scenario. I mean why pay lawyers the big bucks to do half the job. Is it not their job to see the legal writings for what they are and scheme and devise a way to circumvent the rules? So when drafting a CBA-why not kick the tires to find any soft spots?

Kevin DeLury said...

Apparently on Monday Bettman told Lamorello that a rejection of the 17 year contract was a good possibility: http://twitter.com/RealKyper/status/19047600918. If so it's all the Devils fault. Whether the NHL has approved contracts such as Pronger, Hossa or Loungo in the past or not.

ry-man said...

is bettman possibly making an excellent decision? good job, the whole point of a cap is to keep teams from holding talent for too long. any deal over 7 years is way too long let alone 17!

AnnoyingJoe said...

More than anything, this just further proves how weak the NHLPA is.