With the Ilya Kovalchuk contract finally behind us, the Devils now move forward in their pursuit for the Cup. Unfortunately, the signing of Ilya Kovalchuk put the Devils approximately $3.0 million dollars over the cap.
So what does this all mean in the grand scheme of things? It's pretty simple actually, to afford Kovalchuk, the Devils will need to shed at least $3 million in salary to do so, so that they fit under the salary cap.
The Leafs who are also over the salary cap by $274,000 dollars, could benefit amazingly enough by this turn of events "at the Rock".
The Leafs right now have Jeff Fingers' $3.5 million contract still on the books, he will more than likely be sent to the AHL to cut the costs, leaving the Leafs with close to $3.2 million dollars to add to their cap.
You would also have to add in that the Leafs would probably have to give up some young talent on small contracts such as Christian Hanson, John Mitchell, and Luca Caputi. All of these players make under $850,000 a year and are prime candidates for the Devils to add to their roster.
With all that said, the Leafs could possibly add about $4 to $5 mi ...
Read Full Article at Bleacher Report - NHL
Article written by Brad LeClair
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September 6th, 2010 by Brad LeClair Leave a reply »
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