On Friday afternoon, ahead of the NHL's adjusted deadline, it appears there is resolution to report.
Ilya Kovalchuk's attempted contract(s) with the New Jersey Devils opened a firestorm of posturing between the league and the Players' Association that began with the league denying Kovalchuk's contract and now ends with an amendment to the Collective Bargaining Agreement.
According to TSN, Ilya Kovalchuk's 15-year, $100 million deal, along with the long-term deals of Chicago's Marian Hossa, Boston's Marc Savard, and Vancouver's Roberto Luongo (among others) will all be grandfathered into the new agreement. Kovalchuk's deal will be the last of its kind.
Sources are indicating that there will be new, specific language in the amendment of the CBA that changes how long-term contracts passing ages 35 and 40 of a player are treated with regard to the salary cap. Sportsnet is reporting that teams will no longer be able to extend a contract to lower a cap number.
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Article written by TAB BAMFORD
NHL, Players’ Association Agree to Terms
September 3rd, 2010 by TAB BAMFORD Leave a reply »
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