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
Jul 1, 2015, 12:56 PM EDT
Jul 1, 2015, 12:54 PM EDT
Steve Mason has a new backup.
Jul 1, 2015, 12:48 PM EDT
One of the prized UFA d-men, off the market.
Jul 1, 2015, 12:46 PM EDT
Peter Chiarelli, making moves.
Jul 1, 2015, 12:32 PM EDT
Spent last year as Marc-Andre Fleury’s No. 2 in Pittsburgh.
Jul 1, 2015, 12:25 PM EDT
Will be expected to provide a steadying presence on Colorado’s blue line.
Jul 1, 2015, 12:23 PM EDT
Former Ranger gets a nice deal on the opening day of free agency.
Jul 1, 2015, 12:18 PM EDT
Big d-man sticks for one more year in the ‘Peg.
Jul 1, 2015, 12:12 PM EDT
Chuck Fletcher takes care of business early on July 1.
Jul 1, 2015, 12:11 PM EDT
Led all Vancouver d-men with 11 goals.
Jul 1, 2015, 11:51 AM EDT
“I really didn’t get any indications of anything negative in exit meetings.”
Jul 1, 2015, 11:48 AM EDT
All the signings from what promises to be a busy day.
Jul 1, 2015, 11:41 AM EDT
One year, at $575,000.
Jul 1, 2015, 11:01 AM EDT
Once again it’s him, Jonas Hiller and Joni Ortio in goal.
Jul 1, 2015, 11:00 AM EDT
The 35-year-old cashes in on a productive “last chance” season.
Jul 1, 2015, 10:54 AM EDT
Coming off a productive season, in which he scored 14 goals in 47 games.
Jul 1, 2015, 10:38 AM EDT
“He came on to the scene with Columbus last year with maybe not a lot of fanfare, but I think he impressed people.”
Jul 1, 2015, 9:53 AM EDT
Which will keep him in Anaheim through 2018.
Jul 1, 2015, 9:39 AM EDT
Chicago acquired him in the Brandon Saad trade.
Jul 1, 2015, 8:59 AM EDT
Carolina plans to buy him out.
- Oilers get Sekera for six years, closing in on Letestu 2
- Avalanche sign veteran d-man Beauchemin for three years 4
- Neely was ‘surprised’ that Hamilton didn’t want to sign with Bruins 10
- PHT’s 2015 free agent frenzy tracker 25
- NHL, Coyotes deny report that team is moving to Vegas 32
- Report: Richards’ border incident involved oxycodone 63
- Trade: Bieksa headed to California — but it’s Anaheim, not San Jose 25
- Trade: Jackets land Saad, Anisimov and Dano headed to Chicago 91
- Hamilton signs six-year deal with Flames 19
- Sharks get Jones from Bruins for first-round pick and unsigned prospect 42
- Trade: Flyers send Rinaldo to Bruins for 2017 third-rounder (105)
- Trade: Jackets land Saad, Anisimov and Dano headed to Chicago (91)
- Bypassing a buyout? Kings terminate Richards’ contract for ‘material breach’ (90)
- Trade: Flames land Dougie Hamilton for package of picks (75)
- Trade: Busy Bruins send Lucic to Kings (66)