Skip to content

KHL’s SKA Saint Petersburg announces signing of Kovalchuk

Jul 15, 2013, 8:57 AM EDT

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. Rangers lose Zuccarello indefinitely with suspected concussion

    Apr 27, 2015, 12:45 PM EDT

    Pittsburgh Penguins v New York Rangers - Game Five Getty Images

    Diminutive forward left Game 5 after taking a shot to the helmet.

  2. NBCSN to air every Team USA game at Worlds

    Apr 27, 2015, 12:31 PM EDT

    Germany v United States - 2015 IIHF World Junior Championship Getty Images

    Tournament begins May 1 in the Czech Republic.

  3. Cooper: Lightning have to ‘suck it up’ and ‘fight through’ Wings’ interference

    Apr 27, 2015, 11:59 AM EDT

    Tampa Bay Lightning v Detroit Red Wings - Game Three Getty Images

    Interference aside, Tampa Bay has had no shortage of power-play time.

  4. Your Caps-Islanders Game 7 officials are…

    Apr 27, 2015, 11:52 AM EDT

    Anaheim Ducks v Phoenix Coyotes Getty Images

    Referees Dan O’Rourke (No. 9) and Dan O’Halloran (No. 13), linesmen Greg Devorski (No. 54) and Michel Cormier (No. 76).

  5. Friedman: Penguins need to ‘think about’ trading Malkin

    Apr 27, 2015, 11:35 AM EDT

    Columbus Blue Jackets v Pittsburgh Penguins Getty Images

    Pittsburgh has a lot of cap space tied up in two players.

  6. After sitting three straight, Glencross to play for Caps tonight

    Apr 27, 2015, 11:17 AM EDT

    Washington Capitals v New York Islanders - Game Three Getty Images

    Washington makes a lineup change in advance of Game 7 versus the Isles.

  7. Letang (concussion) will be ready for Pens’ training camp

    Apr 27, 2015, 10:53 AM EDT

    Kris Letang Getty Images

    “I’m on my way to coming back. I’m just going through the protocol.”

  8. Sens’ MacArthur, Methot battled hip injuries in series vs. Habs

    Apr 27, 2015, 9:45 AM EDT

    Marc Methot Getty Images

    Injury information trickling in following Ottawa’s Game 6 loss.

  9. Penguins assign prospect Sundqvist to AHL

    Apr 27, 2015, 9:15 AM EDT

    2012 NHL Entry Draft - Portraits 2012 NHL Entry Draft - Portraits

    He was one of Pittsburgh’s final cuts in the fall.

  10. Here’s your Stanley Cup playoff TV schedule for tonight

    Apr 27, 2015, 8:45 AM EDT

    John Tavares, Braden Holtby John Tavares, Braden Holtby

    The Islanders and Capitals meet in Game 7 for the first time since 1987.

  11. Bettman projects 2015-16 cap will be $71.5 million

    Apr 26, 2015, 11:01 PM EDT

    Jonathan Toews, Patrick Kane, Duncan Keith AP

    That’s a fairly modest increase compared to some of the jumps we’ve seen in the past.

  12. Price makes 43 saves as Senators’ magical run ends in controversy

    Apr 26, 2015, 9:12 PM EDT

    Carey Price AP

    Montreal will now play either Detroit or Tampa Bay.

  13. Shattenkirk expects changes, but he supports Hitchcock

    Apr 26, 2015, 8:17 PM EDT

    Ken Hitchcock Getty Images

    Oshie thinks the core has “been playing some pretty good games since the playoffs.”

  14. Video: Fast whistle costs Senators potentially critical goal

    Apr 26, 2015, 7:42 PM EDT

    No goal

    Montreal had a 1-0 lead at the time.

Featured video

Plenty of pressure on Blues
Top 10 NHL Player Searches
  1. Z. Kassian (2544)
  2. A. Burrows (2308)
  3. S. Weber (2074)
  4. M. Giordano (1848)
  5. K. Letang (1792)
  1. D. Carcillo (1706)
  2. C. Ehrhoff (1604)
  3. L. Bouma (1594)
  4. T. Hamonic (1549)
  5. C. Price (1509)