Jul 5, 2010, 1:33 PM EST
The New York Post reports that the New Jersey Devils are expected to sign Ilya Kovalchuk to a seven-year, $60 million deal. If that is indeed the deal, Kovalchuk would generate an annual cap hit of a little more than $8.57 million per season.
CapGeek.com lists the Devils’ pre-salary cap space at about $4.75 million, so obviously moves will need to be made for New Jersey to get under the cap by the beginning of the 2010-11 season.
Expect more updates on the story once details trickle in. As of this moment, the contract news hasn’t been made official just yet.
Update: Already trying to piece together the jigsaw puzzle that is the Devils cap situation? Larry Brooks (also of the New York Post) provides some good points.
Patrik Elias has a no move. Expect Salvador to be waived at camp. Perhaps Zubrus can be dealt. Maybe Langenbrunner goes in deal.
- Blue Jackets proud as Columbus shows it’s a hockey town 0
- From contract dispute to All-Star MVP, Johansen’s had quite the year 1
- Marc-Andre Fleury would like to remind the Columbus crowd that the Penguins beat the Blue Jackets in the playoffs 8
- Cannonball Run…and gun: Team Toews wins highest-scoring game in ASG history 13
- Supercut: Every goal from the highest-scoring period in All-Star Game history 5
- Video: Team Foligno survives shootout, wins Skills Competition 4
- Video: Weber wins hardest shot with 108.5 mph blast 13
- Video: Lightning’s Drouin wins fastest skater 7
- WATCH LIVE: NHL All-Star Skills Competition 2
- Will the Youngstars even have a chance? (Updated) 12
- Columnist: Flyers ‘orchestrated’ fight night versus Pens during meal at ‘a local steakhouse’ (130)
- Flyers’ Rinaldo: ‘I changed the whole game, man’ (112)
- Video: Rinaldo tossed for boarding Letang (79)
- Report: Flyers’ Rinaldo waives right to an in-person hearing (61)
- Video: NHL offers Flyers’ Rinaldo in-person hearing (57)