In what was becoming a never ending story, it appears as if the NHL and NHLPA have finally come to an agreement on Ilya Kovalchuk’s contract.
Rumors were swirling this morning that the NHL and NHLPA were working on an amendment to the rules within the Collective Bargaining Agreement that would allow for the Kovalchuk deal to be accepted, which is exactly what has transpired.
In a move that is unprecedented, it appears as if the NHL and NHLPA worked together to make the amendment to the rules that govern long term contracts.
Under the new rules, it is believed that several loopholes of the prior agreement have been closed, allowing Kovalchuk’s 15-year, $100 million deal to be accepted by league standards.
While this newest deal is for slightly less money than the 17-year, $102 million deal, there is no denying that Kovalchuk has emerged from the squabbles as one of the richest men in NHL history.
With both sides at odds for more than a month, the agreement is a breath of fresh air in what was quickly becoming an ugly showdown between the NHL, New Jersey Devils and NHLPA.
As much as Kovalchuk’s deals have been in the he ...
Read Full Article at Bleacher Report - NHL
Article written by Mark Ritter
Finally! Ilya Kovalchuk Deal Accepted By The NHL
September 3rd, 2010 by Mark Ritter Leave a reply »
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