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(Sportsnet)   Ilya Kovalchucks the NHL   (sportsnet.ca) divider line 72
    More: Stupid, NHL, Ilya Kovalchuk, Lou Lamoriello, Atlanta Thrashers, Ryane Clowe, KHL, Marek Zidlicky, Wayne Gretzky  
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1668 clicks; posted to Sports » on 11 Jul 2013 at 5:54 PM (1 year ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2013-07-11 05:17:19 PM
Yeah, take this one over the one with 11 comments.  Anyhoo...

i63.photobucket.com
 
2013-07-11 05:21:10 PM
 He's an asshole. He'll go play in the KHL now.  He'll be back though. Just watch.
 
2013-07-11 05:21:52 PM
There's some sort of end game at work here.
NHL players are cleared to play in Sochi next year. That's not it.
He still has $77 million on his deal to be made. It can't be money, though the KHL would pay handsomely for Kovalchuk.
He's only 30 years old. He still has plenty of years of high-quality production left. I cannot fathom someone of his caliber willingly hanging it up at that age. 34, maybe. 36, sure, but 30? No.

Unless he has some sort of hyper-secretive injury or condition, something is very, very wrong about this.
 
2013-07-11 05:22:13 PM

ontariolightning: He's an asshole.

 
2013-07-11 05:34:37 PM
After that picture of Justin Bieber and the Cup, I wouldn't be surprised to see more Europeans ditch the NHL out of embarrassment.
 
2013-07-11 05:56:06 PM
www.cbc.ca
 
2013-07-11 05:56:37 PM
What the chuk?
 
2013-07-11 05:57:11 PM

Rev.K: He still has $77 million on his deal to be made. It can't be money, though the KHL would pay handsomely for Kovalchuk.


77 million at US tax rates.

KHL is about to throw crazy money at him.
 
2013-07-11 05:57:37 PM
It's Russian mafia, guaranteed. They got their hooks in him while he was playing there during the lockout.
 
2013-07-11 05:58:03 PM
Hmm...Russia or New Jersey for 12 more years....hmmm....tough choice but I think I'd take Russia as well.
 
2013-07-11 06:07:22 PM

Decillion: It's Russian mafia, guaranteed. They got their hooks in him while he was playing there during the lockout.


Yes, but if he does sign a contract to play in the KHL; the NHL will fight like hell to keep him from taking the ice. IIHF rules will almost certainly prevent Kovy from playing anywhere for the next 12 years.
 
2013-07-11 06:08:53 PM
Don't Draft Russians
 
2013-07-11 06:10:07 PM

desertgeek: Decillion: It's Russian mafia, guaranteed. They got their hooks in him while he was playing there during the lockout.

Yes, but if he does sign a contract to play in the KHL; the NHL will fight like hell to keep him from taking the ice. IIHF rules will almost certainly prevent Kovy from playing anywhere for the next 12 years.


Not sure about that.  Malkin used a retirement type clause to get out of the KHL so they might have a way around it.
 
2013-07-11 06:11:31 PM

bonkmeist: Rev.K: He still has $77 million on his deal to be made. It can't be money, though the KHL would pay handsomely for Kovalchuk.

77 million at US tax rates.

KHL is about to throw crazy money at him.


http://sports.yahoo.com/blogs/nhl-puck-daddy/ilya-kovalchuk-join-ska -c ould-earn-20-million-210237775.html

Is big money, yes?
 
2013-07-11 06:15:17 PM

desertgeek: Decillion: It's Russian mafia, guaranteed. They got their hooks in him while he was playing there during the lockout.

Yes, but if he does sign a contract to play in the KHL; the NHL will fight like hell to keep him from taking the ice. IIHF rules will almost certainly prevent Kovy from playing anywhere for the next 12 years.


The NHL may fight it but the Devils certainly won't. He was owed $50 million over the next 5 years. Since the Devils are on the brink of bankruptcy, they don't mind if he takes off without having to pay that.
 
2013-07-11 06:27:22 PM

carnifex2005: desertgeek: Decillion: It's Russian mafia, guaranteed. They got their hooks in him while he was playing there during the lockout.

Yes, but if he does sign a contract to play in the KHL; the NHL will fight like hell to keep him from taking the ice. IIHF rules will almost certainly prevent Kovy from playing anywhere for the next 12 years.

The NHL may fight it but the Devils certainly won't. He was owed $50 million over the next 5 years. Since the Devils are on the brink of bankruptcy, they don't mind if he takes off without having to pay that.


What are the new rules regarding retirement.  Someone correct me if I'm wrong, but aren't the Devils still on the hook for it salary cap-wise if he retires before the contract is up?
 
2013-07-11 06:31:43 PM

drunk_bouncnbaloruber: What are the new rules regarding retirement.  Someone correct me if I'm wrong, but aren't the Devils still on the hook for it salary cap-wise if he retires before the contract is up?


It's the amount of "cap benefit" (the difference between the salary paid and the cap number) they obtained divided by years remaining that is charged against the cap each year for the remainder of the contract.  So here the hit is only 250K a year for the next 12 years (at least from what I saw on CapGeek earlier, and I'd imagine he's right).
 
2013-07-11 06:31:48 PM

drunk_bouncnbaloruber: carnifex2005: desertgeek: Decillion: It's Russian mafia, guaranteed. They got their hooks in him while he was playing there during the lockout.

Yes, but if he does sign a contract to play in the KHL; the NHL will fight like hell to keep him from taking the ice. IIHF rules will almost certainly prevent Kovy from playing anywhere for the next 12 years.

The NHL may fight it but the Devils certainly won't. He was owed $50 million over the next 5 years. Since the Devils are on the brink of bankruptcy, they don't mind if he takes off without having to pay that.

What are the new rules regarding retirement.  Someone correct me if I'm wrong, but aren't the Devils still on the hook for it salary cap-wise if he retires before the contract is up?


They're only liable cap-wise $250,000 per year for the next 5 years. So, basically nothing.
 
2013-07-11 06:34:31 PM

desertgeek: Yes, but if he does sign a contract to play in the KHL; the NHL will fight like hell to keep him from taking the ice. IIHF rules will almost certainly prevent Kovy from playing anywhere for the next 12 years


I think that the team and Kovy agreed to terminate his contract.  The IIHF rules would only apply to a player under contract.  NHL probably won't care either since this shouldn't be a bad precedent - the NHL team could refuse to terminate and that would keep a guy out of the KHL under the IIHF rules.
 
2013-07-11 06:34:37 PM

drunk_bouncnbaloruber: carnifex2005: desertgeek: Decillion: It's Russian mafia, guaranteed. They got their hooks in him while he was playing there during the lockout.

Yes, but if he does sign a contract to play in the KHL; the NHL will fight like hell to keep him from taking the ice. IIHF rules will almost certainly prevent Kovy from playing anywhere for the next 12 years.

The NHL may fight it but the Devils certainly won't. He was owed $50 million over the next 5 years. Since the Devils are on the brink of bankruptcy, they don't mind if he takes off without having to pay that.

What are the new rules regarding retirement.  Someone correct me if I'm wrong, but aren't the Devils still on the hook for it salary cap-wise if he retires before the contract is up?


they talked about this on the radio on the way home. apparently under the new CBA retiring players count for 250k towards the salary cap for every year early they retired as a penalty. that's it. So every year NJ will be saving themselves his would be cap hit -250k.
 
2013-07-11 06:40:09 PM

poisonedpawn78: drunk_bouncnbaloruber: carnifex2005: desertgeek: Decillion: It's Russian mafia, guaranteed. They got their hooks in him while he was playing there during the lockout.

Yes, but if he does sign a contract to play in the KHL; the NHL will fight like hell to keep him from taking the ice. IIHF rules will almost certainly prevent Kovy from playing anywhere for the next 12 years.

The NHL may fight it but the Devils certainly won't. He was owed $50 million over the next 5 years. Since the Devils are on the brink of bankruptcy, they don't mind if he takes off without having to pay that.

What are the new rules regarding retirement.  Someone correct me if I'm wrong, but aren't the Devils still on the hook for it salary cap-wise if he retires before the contract is up?

they talked about this on the radio on the way home. apparently under the new CBA retiring players count for 250k towards the salary cap for every year early they retired as a penalty. that's it. So every year NJ will be saving themselves his would be cap hit -250k.


Not every player; it depends on their contract. $250k is Kovalchuk's recapture penalty. Other players would have different penalties.
 
2013-07-11 06:51:03 PM

Rev.K: Unless he has some sort of hyper-secretive injury or condition, something is very, very wrong about this.


I'm a Penguins fan first and foremost.  I am only a mild NHL fan in general...but I TOTALLY agree here.
 
2013-07-11 06:53:17 PM

robsul82: Yeah, take this one over the one with 11 comments.  Anyhoo...


I don't know if I'd be totally upset if I were you.
 
2013-07-11 06:54:52 PM

poisonedpawn78: drunk_bouncnbaloruber: carnifex2005: desertgeek: Decillion: It's Russian mafia, guaranteed. They got their hooks in him while he was playing there during the lockout.

Yes, but if he does sign a contract to play in the KHL; the NHL will fight like hell to keep him from taking the ice. IIHF rules will almost certainly prevent Kovy from playing anywhere for the next 12 years.

The NHL may fight it but the Devils certainly won't. He was owed $50 million over the next 5 years. Since the Devils are on the brink of bankruptcy, they don't mind if he takes off without having to pay that.

What are the new rules regarding retirement.  Someone correct me if I'm wrong, but aren't the Devils still on the hook for it salary cap-wise if he retires before the contract is up?

they talked about this on the radio on the way home. apparently under the new CBA retiring players count for 250k towards the salary cap for every year early they retired as a penalty. that's it. So every year NJ will be saving themselves his would be cap hit -250k.


It's a fair bit more complicated than that, and was designed to be punitive.  Basically the "Cap Benefit" of paying large in the first few years of a long back ended contract is the basis for the penalty (GQueue covered this a little up thread) the difference between the cap hit annualized and the amount actually paid.  In this case, just 3 years into a 15(!) year contract, it ends up being not very punitive... The $250k/yr cap hit for the next 12 years.
($250k is less than half a minimum NHL contract)
 
2013-07-11 06:58:09 PM
Id like to Chuk any website that has an autoplay video when it opens.
 
2013-07-11 07:04:07 PM

Rev.K: There's some sort of end game at work here.
NHL players are cleared to play in Sochi next year. That's not it.
He still has $77 million on his deal to be made. It can't be money, though the KHL would pay handsomely for Kovalchuk.
He's only 30 years old. He still has plenty of years of high-quality production left. I cannot fathom someone of his caliber willingly hanging it up at that age. 34, maybe. 36, sure, but 30? No.

Unless he has some sort of hyper-secretive injury or condition, something is very, very wrong about this.


I think this works for Kovi, he gets to go home to play (keep in mind he didn't especially want to come back after the lockout) and for New Jersey, (that is kinda hurting for cash), and in 6 or 8 years when Kovi actually stops playing retired, the 'Cap Benefit' thing would be a killer for the balance of the contract term.
Now, the timing is a little weird... If this had been in the works for any length of time why didn't they get it done before free agent day?
The only real loser here is the Devils fans.
 
2013-07-11 07:11:21 PM
i.imgur.com
 
2013-07-11 07:15:36 PM
But seriously, this was shocking and unexpected news coming home tonight. I guess in hindsight it shouldn't be. Apparently Lou has known for almost a year Kovalchuk was considering it, and after his comments about wanting to stay with SKA after the lockout ended, it was clear where his heart was. Still, what a blow. I actually feel bad for New Jersey. He completely and utterly f*cked that organization. Maybe the league will feel sorry for the Devils and let them keep their 1st round pick next year. Doubtful, but even if they did, small comfort.
 
2013-07-11 07:29:53 PM

swahnhennessy: But seriously, this was shocking and unexpected news coming home tonight. I guess in hindsight it shouldn't be. Apparently Lou has known for almost a year Kovalchuk was considering it, and after his comments about wanting to stay with SKA after the lockout ended, it was clear where his heart was. Still, what a blow. I actually feel bad for New Jersey. He completely and utterly f*cked that organization. Maybe the league will feel sorry for the Devils and let them keep their 1st round pick next year. Doubtful, but even if they did, small comfort.


I know the guy is an amazing talent, but how much cap space did they get by him "retiring"?
 
2013-07-11 07:30:14 PM
Chicago sucks!
 
2013-07-11 07:32:16 PM
Meanwhile in the Bronx, Brian Cashman is slamming his head repeatedly into his desk and beseeching the heavens for answer to why A-Rod can't do the same.
 
2013-07-11 07:39:46 PM

fatalvenom: robsul82: Yeah, take this one over the one with 11 comments.  Anyhoo...

I don't know if I'd be totally upset if I were you.


Yeah, true, lol.
 
2013-07-11 07:42:19 PM

fatalvenom: swahnhennessy: But seriously, this was shocking and unexpected news coming home tonight. I guess in hindsight it shouldn't be. Apparently Lou has known for almost a year Kovalchuk was considering it, and after his comments about wanting to stay with SKA after the lockout ended, it was clear where his heart was. Still, what a blow. I actually feel bad for New Jersey. He completely and utterly f*cked that organization. Maybe the league will feel sorry for the Devils and let them keep their 1st round pick next year. Doubtful, but even if they did, small comfort.

I know the guy is an amazing talent, but how much cap space did they get by him "retiring"?


his hit was $6.67M  so $6.42M
 
2013-07-11 07:43:36 PM

sno man: fatalvenom: swahnhennessy: But seriously, this was shocking and unexpected news coming home tonight. I guess in hindsight it shouldn't be. Apparently Lou has known for almost a year Kovalchuk was considering it, and after his comments about wanting to stay with SKA after the lockout ended, it was clear where his heart was. Still, what a blow. I actually feel bad for New Jersey. He completely and utterly f*cked that organization. Maybe the league will feel sorry for the Devils and let them keep their 1st round pick next year. Doubtful, but even if they did, small comfort.

I know the guy is an amazing talent, but how much cap space did they get by him "retiring"?

his hit was $6.67M  so $6.42M


I know the frenzy is over, but that is a good amount of wiggle room to have at the Devils' disposal.
 
2013-07-11 07:49:27 PM

fatalvenom: I know the frenzy is over, but that is a good amount of wiggle room to have at the Devils' disposal.


Yea, but don't look for the Devils to use it all.
 
2013-07-11 07:51:26 PM

sno man: fatalvenom: I know the frenzy is over, but that is a good amount of wiggle room to have at the Devils' disposal.

Yea, but don't look for the Devils to use it all.


I wouldn't think they would, but that is a good portion of space to make some mid-level deals.
 
2013-07-11 08:09:18 PM
Damn. That Is Some Hilarious shiat.
 
2013-07-11 08:09:32 PM
4.bp.blogspot.com
до свидания
 
2013-07-11 08:15:20 PM

fatalvenom: I know the frenzy is over, but that is a good amount of wiggle room to have at the Devils' disposal.


It would have helped had he made his decision a week or two earlier, but I think the real regret in all of this for Devils fans is letting Parise walk as a result. Not that he'd have been guaranteed to stay - he seemed set on Minnesota - but at least New Jersey could have offered him a ransom.
 
2013-07-11 08:46:03 PM
Okay, now Luongo do that.

No wait... where did Schneider go? ....Tortorella?!?!?

Oh, for farks sakes.

/waking up from coma
 
2013-07-11 08:48:30 PM

swahnhennessy: fatalvenom: I know the frenzy is over, but that is a good amount of wiggle room to have at the Devils' disposal.

It would have helped had he made his decision a week or two earlier, but I think the real regret in all of this for Devils fans is letting Parise walk as a result. Not that he'd have been guaranteed to stay - he seemed set on Minnesota - but at least New Jersey could have offered him a ransom.


No, I agree. I'm not a devils fan by any means, but I can understand why it sucks for them.

Hell, I thought once Thomas went full-Glenn Beck the Bruins were screwed.
 
2013-07-11 09:19:49 PM

fatalvenom: sno man: fatalvenom: I know the frenzy is over, but that is a good amount of wiggle room to have at the Devils' disposal.

Yea, but don't look for the Devils to use it all.

I wouldn't think they would, but that is a good portion of space to make some mid-level deals.


Hopefully they won't pay $3.5M/year extra on those mid-level deals the way NJ did with Clowe.  The guy is not worth $2M on his best day let alone $4.8M.  You can count on that contract to be bought out in 2 years.
 
2013-07-11 09:23:31 PM

Popcorn Johnny: Chicago sucks!


We get it, dude.  You're still butthurt over the Red Wings' elimination.
 
2013-07-11 09:35:05 PM

buckeyebrain: Popcorn Johnny: Chicago sucks!

We get it, dude.  You're still butthurt over the Red Wings' elimination.


And I still want him castrated for his "Bruins" prediction.
 
2013-07-11 09:39:01 PM

fatalvenom: buckeyebrain: Popcorn Johnny: Chicago sucks!

We get it, dude.  You're still butthurt over the Red Wings' elimination.

And I still want him castrated for his "Bruins" prediction.


There is NO WAY the Hockey Gods fell for that.
 
2013-07-11 09:40:44 PM
Rev.K: Unless he has some sort of hyper-secretive injury or condition, something is very, very wrong about this.
=======================================================

Hell, he was very close to not returning to the NHL after the lockout... so this does not surprise me in the absolute slightest.
 
2013-07-11 09:52:13 PM
I thought he was going to do this when his Atlanta contract was up. Not surprised he Yashin'd the Devils first.
 
2013-07-11 09:55:40 PM

buckeyebrain: Popcorn Johnny: Chicago sucks!

We get it, dude.  You're still butthurt over the Red Wings' elimination.


You know, I thought I got a little too butthurt when my team got knocked out of the playoffs in the past (especially last year with the Kings). But compared to that guy; I was more than civil about it!
 
2013-07-11 10:03:21 PM
GOOD! (insert grumpy cat)

Karma getting back at Lou for signing that stupid 10+ year contract anyway. Louongo? You watching?
 
2013-07-11 10:11:42 PM
I heard this on the sports station on my home from my run and I immediately thought of robsul.

Glad to see you're relatively OK!
 
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