- 07/21/2010, 03:54PM ET
Jazz: The Mullet said 07/21, 03:54 PM
Ladies and gentlemen. Boy and girls. And of course Roy. I want to know all of your opinions on the NHL rejecting the Kovalchuk deal. You know personally I'm feeling it. I think this was the right thing to do.
The Devils and Kovie were just trying to find away around the Salary cap. As some of you may know the deal was a 17 year 102 million dollar contract. It was incredibly front loaded and went something like this.
$6,000,000 next two seasons
$11,500,000 following five
$550,000 final five
With a contract like this Kovie would only be a cap hit of 6 million a year. Come on really. What are the chances he even plays those final five years?
When he reaches the final five he will be 39 years old. By that time most players are already retired. This is just a way for the Devils to find a way around the salary cap. If the last five $550,000 years were not involved in this deal then I say it's all good. But with those final years it's just plain wrong.
So who thinks the NHL shouldn't have rejected the contract?
Argos. said 07/21, 04:19 PM
No one likes these deals. The NHL has to eliminate this loophole in the CBA, either by having maximum length in deals, or having the cap hit as the actual salary paid that year, and not average salary. However, in the CBA they cannot ban this deal.
How does the NHL know that Kovalchuk has no intent in playing the final years of his deal? They don't have an evidence. He has said he intends to play out the length of the contract, and the Devils have said the same thing.
The NHL can't just go out and start banning these types of deals. They have let too many by. It all started with Kipper, who signed a 6-year deal that paid him $8.5 million, $7 million the next two years, then $6 and $5 million before a massive drop to $1.5 million. Kipper had and has no intent in playing that final year.
If the NHL wanted to stop these deals, they should have banned them from the beginning with Kipper. Since, these deals have been signed by:
The CBA allows these deals, the NHL has never stepped in before on these deals, this deal should not be rejected.
Jazz: The Mullet said 07/22, 03:21 PM
While they have allowed deals that are somewhat similar you have to look at one little thing.
A five year $550,000 block at the end of the contract.
None of the contracts you have put up have a block so ridiculous as this one. The NHL had to do something. They can't continue to allow deals like this. They had to put their foot down eventually. There was no way the could continue to let deals like this happen. If they let this one go through the deals would continue to get more crazy. You would see players getting 20 year 107 million dollar deals that the player has no intent of finishing. That is the major problem with Kovie's deal. The fact that it goes on till he is 44 shows that it is very unlikely he finishes the contract.
If this deal had came earlier in his career I would agree that there is nothing wrong with it, but the fact that it goes on till he is 44. Come on. You and everybody else reading this has to know that the chances are incredibly slim that he finishes. It is incredibly slim that he even intends to finish the contract.
Argos. said 07/22, 05:34 PM
It doesn't matter how many years at the minimum this deal has, all those other deals are the same idea.
Marian Hossa had four years at the end of his 12-year deal, which he has no intent of playing, that brought the cap hit down from $7.9 million to $5.275 million. Luongo's final four years on his deal 12-year deal, which he has no intent of playing, bring his cap hit down to $5.3 million instead of the $7.1 million that is should be. Both these deals just signed last year, brought the cap hit down about $2 million.
Ilya Kovalchuk's final 5-years brings the cap hit down from $8.27 million to an even $6 million. A drop about the same as the deals Luongo and Hossa signed last off-season that the league approved of.
And playing until your 44 isn't all the ridiculous. With modern workout and meal plans, and modern medicine, and Ilya's lack of intensity could allow him to pull a Chelios. Especially considering Ilya has never had a major injury. It is only two years more than what Hossa is apparently gonna be playing.
What is more ridiculous is Roberto Luongo's deal is until he is 43, and he is a goalie with injury problems!
Jazz: The Mullet said 07/23, 03:47 PM
Other deals are the same idea but far from the same. At least in the other deals part of the "low-paying block" they are still being paid a million or over. In Kovalchuks he is making just over half a million for 5 years.
This deal was rejected due to the fact that the NHL believes that neither the Devils nor Kovie expect to finish playing out the contract. In which they are artificially lowering the average cap hit. This is circumvention of the collective bargaining agreement. Circumvention is actually in the CBA and there are steps in the CBA instilled to stop it.
So while you and others may believe that the contract is completely allowed, it actually is not to some degree. And just for fun I will post a link to the TSN article that has an explanation circumvention and the CBA at the end of my argument.
While it is possible that Kovie could play through till 44 it is doubtful. My guess is that once his production begins to take a major drop off he will go to the KHL. I don't think that is unlikely since he was rumored to possibly go to the KHL this season.
As promised here is the link.
Argos. said 07/23, 04:13 PM
Does it matter if it is 500K or a million? Either way, the deal is doing the same thing, bringing down the cap hit. So it makes no difference, they are the same thing, and the NHL let the other deals pass.
The NHL believes that Kovalchuk does not intend to play out the deal, and that is pretty obvious, and he probably wont play out the deal. However, they have no evidence that he does not intend too. The NHL just has a suspicious. However, in other cases like Hossa's deal or Luongo's deal, or even Zetterberg's deal, no believes they will play out their deals. Why did the NHL let those deals pass? It is pretty obvious they wont play out their deals.
"In which they are artificially lowering the average cap hit."
Every deal I have mentioned (all 14 of them), are doing the same thing. The NHL hasn't blocked any of the first 14.
Why would Kovalchuk go to the KHL? Usually the KHL is for players who can't get NHL deals, but seeing how he is under contract until he is 44, I think it is a safe bet he retires in the NHL. Besides, you are not allowed to sign in the KHL if you are under a contract in any other league, including the NHL.
- Awful Announcing
- Free Darko
- Pro Football Talk
- The Big Lead
- Joe Posnanski
- The Sporting Blog
- Big League Stew
- Bugs and Cranks
- Every day Should Be Saturday
- Mr. Irrelevant
- With Leather
- The Sports Hernia