Jul 15, 2013, 8:57 AM EDT
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.
— Dave Stubbs (@Dave_Stubbs) July 15, 2013
Aug 27, 2015, 10:00 PM EDT
The defenseman had 34 points in 66 OHL games last season.
Aug 27, 2015, 8:58 PM EDT
He might end up with a two-year deal.
Aug 27, 2015, 8:21 PM EDT
He’s entering the final season of his five-year, $22 million deal.
Aug 27, 2015, 6:48 PM EDT
Playoff seeding will be determined by points percentage.
Aug 27, 2015, 5:18 PM EDT
It could prove to be a bargain deal.
Aug 27, 2015, 4:25 PM EDT
The Penguins are a win now team coming off of a quick first round exit.
Aug 27, 2015, 2:55 PM EDT
Can they stay healthy?
Aug 27, 2015, 2:06 PM EDT
“I’m fully aware that at some point in time we may have to address that position.”
Aug 27, 2015, 1:15 PM EDT
At which time he’ll be reevaluated.
Aug 27, 2015, 12:17 PM EDT
The two have a bit of a history, as you may recall…
Aug 27, 2015, 12:00 PM EDT
It’s a benchmark he’s never hit before.
Aug 27, 2015, 10:52 AM EDT
The 21-year-old looks like he’ll be counted upon heavily.
Aug 27, 2015, 9:48 AM EDT
For a border incident that occurred in mid-June.
Aug 27, 2015, 9:00 AM EDT
A first round exit has led to a busy summer.
Aug 27, 2015, 8:00 AM EDT
Thursday’s collection of links.
Aug 26, 2015, 9:32 PM EDT
Development coach Patrick Rissmiller is among New Jersey’s latest additions.
Aug 26, 2015, 8:08 PM EDT
His conditioning comes on the ice, not in the weight room.
Aug 26, 2015, 6:40 PM EDT
Two terrible seasons didn’t dissuade fans expecting brighter days ahead.
Aug 26, 2015, 5:11 PM EDT
Philadelphia has a great core, but does it have the depth?
Aug 26, 2015, 4:00 PM EDT
Tanking isn’t likely, yet may it be wise?
- Mike Richards charged with possession of controlled substance 79
- Gio won’t go: Flames extend Giordano for six years, $40.5M 13
- Pens’ plan for now: Crosby starts as Kessel’s center 25
- O, Dear: Russia fined $85K for skipping Canadian anthem 28
- Kings ink Ehrhoff to a one-year, $1.5 million deal 27
- Quebec City, Vegas advance to final phase of NHL expansion process 50
- Here’s the full NHL 2015 preseason schedule, starting Sept. 20 5
- Wild assistant Sydor arrested for suspected drunk driving, child endangerment 30
- It’s Montreal Canadiens day at PHT 14
- Capitals’ biggest question: Is this finally the year? 32