The New Jersey Devils did more than sign Ilya Kovalchuk to a $100 million contract. A byproduct of the revised 15-year deal was that the Devils helped the NHL and its players union reach an agreement on long-term contracts that will define how much money will count toward salary caps. "That is exactly what just transpired with the amendment," Devils president and general manager Lou Lamoriello said Saturday. "I think there should be lines where everybody knows exactly what they are. Uncertainties create confusion." Lamoriello said the Devils acted in good faith and abided by the collective bargaining agreement in signing the 27-year-old Kovalchuk to a 17-year, $102 million deal in July. However, the NHL vetoed the original contract a day later because it circumvented the salary cap. The NHL Players Association appealed and an arbiter upheld the league's ruling. http://sports.espn.go.com/nhl/news/story?id=5531039
Thanks for posting this tbf. I was away from internet for the past weekend, interesting to see that he was able to sign.
