Skip to content

KHL’s SKA Saint Petersburg announces signing of Kovalchuk

Jul 15, 2013, 8:57 AM EST

Ilya Kovalchuk Getty Images

What has been assumed and reported for days has been officially announced. Ilya Kovalchuk has inked a four-year contract with SKA Saint Petersburg of the Kontinental Hockey League.

Last week, Kovalchuk sent shock waves through the hockey world when he decided to retire from the NHL despite having $77 million left on his 15-year, $100 million contract. Kovalchuk’s decision left the New Jersey Devils with a massive hole in their lineup, not to mention a $250,000 annual cap recapture penalty through 2024-25.

On top of that, the Devils don’t have a first round draft pick in 2014 as punishment for their first attempt to sign Kovalchuk.

Following his retirement, it quickly became apparent that Kovalchuk would head to the KHL to extend his career. His mother suggested that this had been on the 30-year-old forward’s mind since January and he was influenced by his time with SKA during the lockout.

Taxation in the United States as well as the NHL’s escrow rules were also apparently factors as it’s believed that Kovalchuk stands to benefit financially from this maneuver. SKA hasn’t released the financial terms of their agreement with Kovalchuk.

The next time a wide North American audience sees him on the ice might be during the 2014 Winter Olympics. Team Russia and the United States will be in the same division.

Related:

Two silver linings for Devils in Kovalchuk retirement

Parise is ‘shocked’ Kovalchuk left New Jersey

What they’re saying about Kovalchuk bolting for the KHL

So, what’s next for the Devils without Kovalchuk?

Devils players didn’t see Kovalchuk retirement coming

With Kovalchuk gone, Devils pursue Damien Brunner

Cherry says Kovalchuk is ‘just laughing all the way to the bank’

Agent: Kovalchuk’s departure won’t lead to Russian exodus

Elias: Kovalchuk move wouldn’t affect choice to stay with Devils

Could Kovalchuk return to the NHL in 2018?

Columnist says lockout prompted Kovalchuk’s departure

Latest Posts
  1. Loss to Red Wings a ‘wake-up call’ for Islanders

    Jan 31, 2015, 6:19 PM EST

    Jack Capuano AP

    Two losses in a row for the Islanders.

  2. Mike Richards trying to make the best of being sent to the AHL

    Jan 31, 2015, 5:53 PM EST

    Mike Richards Getty Images

    Was put on waivers, cleared, and sent to the minors this week.

  3. Red Wings’ youth shines vs. Isles for ninth win in 11 games

    Jan 31, 2015, 4:47 PM EST

    Gustav Nyquist, Thomas Hickey, Matt Martin, Justin Abdelkader AP

    Detroit is forcing itself into the Stanley Cup conversation.

  4. Price leads Habs past Caps with second straight shutout

    Jan 31, 2015, 4:08 PM EST

    Jay Beagle, Carey Price, Andrei Markov AP

    Montreal has put pressure on Tampa Bay in the battle for the Eastern Conference lead.

  5. Horton shows some improvement, future remains cloudy

    Jan 31, 2015, 2:48 PM EST

    Columbus Blue Jackets v San Jose Sharks Getty Images

    He has a degenerative back injury that might lead to career-ending surgery.

  6. Goalie nods: Smith gets shot at revenge vs. Senators

    Jan 31, 2015, 1:56 PM EST

    Ottawa Senators v Arizona Coyotes Getty Images

    He gave up five goals against them on Jan. 10.

  7. This will be a milestone night for several Flyers

    Jan 31, 2015, 12:57 PM EST

    Jakub Voracek Getty Images

    Meanwhile Philadelphia will try to win its fourth straight game.

  8. Red Wings, Islanders face off in unlikely battle for the East

    Jan 31, 2015, 11:57 AM EST

    Jaroslav Halak, Pavel Datsyuk AP

    They’ve surpassed the early season expectations.

  9. Bettman willing to consider making cap data public

    Jan 31, 2015, 10:11 AM EST

    Gary Bettman AP

    But he seems very reluctant on the matter.

  10. Kane, Sharp lead Blackhawks over Ducks

    Jan 31, 2015, 2:00 AM EST

    Patrick Sharp, Patrick Kane Patrick Sharp, Patrick Kane

    Anaheim has now lost two straight in regulation for the first time since November.

  11. Miller sends ex-Buffalo mates to 14th straight loss

    Jan 31, 2015, 1:15 AM EST

    Carolina Hurricanes v Vancouver Canucks Getty Images

    Sabres conclude January with an 0-12-0 record.

  12. Video: Jarome Iginla records his 1,200th NHL point

    Jan 30, 2015, 11:35 PM EST

    Ottawa Senators v Colorado Avalanche Ottawa Senators v Colorado Avalanche

    He’s now tied with Dino Ciccarelli on the all-time points list.

  13. Video: Despres’ OT winner lifts the Pens over the Devils

    Jan 30, 2015, 11:00 PM EST

    Simon Despres Getty Images

    Kris Letang has assisted on Pittsburgh’s last seven goals.

  14. Blackhawks plan on keeping Darling in the mix

    Jan 30, 2015, 9:30 PM EST

    Chicago Blackhawks v New Jersey Devils Getty Images

    He’s a restricted free agent after this season.

Featured video

Kings come back in third to top Blackhawks
Top 10 NHL Player Searches
  1. E. Malkin (3654)
  2. S. Crosby (3040)
  3. T. Hall (2876)
  4. P. Rinne (2626)
  5. M. Brodeur (2556)
  1. C. Price (2521)
  2. K. Letang (2479)
  3. T. Johnson (2461)
  4. M. Richards (2285)
  5. P. Hornqvist (2264)