Truth & Rumors > NHL
Why Kovalchuk is the lockout's biggest loser
- Views
- 8522
- Comments
- 30
08:21 AM ET 09.27 | Thanks to timing, former teammates Zach Parise and Ilya Kovalchuk are having very different lockout experiences, though every player in the NHL will soon benefit from returned escrow payments. [Parise] and Ryan Suter each got a $10 million signing bonus from the 13-year, $98 million deals they signed with the Minnesota Wild. ... No player will lose more per paycheck during the lockout than [Kovalchuk], whose salary is $11 million. Each lost check is worth roughly $846,000 gross. He made $6 million last season, so his escrow refund would cover about $510,000 of that. The Washington Capitals' Alex Ovechkin and Pittsburgh Penguins' Evgeni Malkin, each scheduled to make $9 million this season, would give up about $692,000 per paycheck.
Truth & Rumors
MOST POPULAR
-
1
Stunned Cavs open to dealing top pick
- Views
- 6041
- Comments
- 1484
-
2
Duquette's luck running out
- Views
- 2518
- Comments
- 515
-
3
Namath: Jets wasted Smith pick
- Views
- 29620
- Comments
- 95
-
4
Rangers fear 'huge' loss on D
- Views
- 7304
- Comments
- 83
-
5
LeBron knows Indy can beat the Heat
- Views
- 2326
- Comments
- 61


Anne V
Michelle Jenneke


Comments (30) Add A Comment
oh...poor Ilya
Spiny Norman
Total Comments (10843)
Wouldn't the biggest loser be the fringe NHL player that only plays two or three seasons in the NHL and only gets an NHL salary for two or three seasons. They are the ones really losing out.
Or better yet, how about that NHL player that only ever plays one NHL season, and spends the rest of his time in the AHL or Europe. They are losing out on that $500,000+ one time pay check that they will need to support them the rest of their life, because every other season they are only making like $60,000 and have a short playing career.
Or how about the biggest loser that kid playing Europe who got cut from the team to make room for some big NHL star. That guy might be done from hockey and has to find a new career path because of this big name millionaire taking his spot and livelihood.
Or what about all the employees of these teams and arenas, or the owners of the small bars in and around the arenas? They are the ones losing their minimum wage jobs or losing money in their business. They are the ones that are going to have to go into debt because of the lockout.
Ilya is no the lockout's biggest loser. He will be fine.
Argos.
Total Comments (5415)
+100
Spiny Norman
Total Comments (10843)
by the way, good morning Argos
Spiny Norman
Total Comments (10843)
Yeah thats pretty much sums it up
Garbage Man
Harrisburg , PA
Total Comments (1742)
Should staple this to the Dwarf and Fehr's foreheads....and every owner, agent, and player as well.
Kberg1970
Total Comments (389)
Can a telethon be far behind?
Canuck eh?
Total Comments (18368)
As you know Argos it's not very often we agree but I'm with you 100%. Well stated.
Canuck eh?
Total Comments (18368)
LOL. With interviews of fans sobbing and saying "but, but where will I get $11.00 beers, $8.00 hot dogs and they don't charge $300 for my seat at church? God, when will it end?" Followed by a clip of The Dwarf and the Fehrless Leader saying "You can help. Send as much as you can afford, at least $5000, RIGHT NOW to help Ovie, Sid and others crippled by this evil stoppage. Call NOW to 1-800-487-WGAF". Thanks Buc for volunteering your number!
Slapshot
Total Comments (8974)
Good to hear from you again Argos. And, your statement is one of the best on this subject so far. Thanks.
Slapshot
Total Comments (8974)
Ilya being the biggest lose has kind of a good ring to it.
signed
King Fan
drysdale
Total Comments (1980)
Hey might be the biggest loser, but the biggest suckers will be fans flocking back to the arena's when this is over. How many strikes/lockouts do we have to go through before we tell the league and the players that WE pay their salaries.
Ron Mexico II
Total Comments (334)
Testify Brother ! Dead on point !!!
Harry Crack
Total Comments (7127)
I may rally my three teenagers and have a bottle drive for him
Harry Crack
Total Comments (7127)
Around your place isn't that called cleaning up the living room?
Canuck eh?
Total Comments (18368)
it is at mine.
Come recycling day, my sanitation guys must think I'm a drunk
Spiny Norman
Total Comments (10843)
I think your account got hacked.
bostongm
Total Comments (4607)
Precisely.
Nobody expects…
Total Comments (13135)
agree.....we fans are the worst enablers.........
Othello
Total Comments (1295)
Seriously. He earned $6M last year and he is a loser?
Nobody expects…
Total Comments (13135)
Comment
Remember to keep your posts clean. Profanity will get filtered, and offensive comments will be removed.