FanPost

Devils Punished by League for Kovalchuk Contract


The New Jersey Devils got their superstar winger alright but at the expense of Niclas Bergfors, Johnny Oduya, prospect Patrice Cormier, and a this year's first round draft pick (The Devils also acquired Anssi Salmela in the trade). But the NHL was upset about the Devils' first offer to Ilya Kovalchuk, believing it to be an attempt to go around the NHL's salary cap. The Devils have been hit hard with the following punishment; $3 million fine, 2011's 3rd round draft pick, and a first round draft pick of their choice in the next four years (as well as having the first contract shot down and forcing the Devils to write-up a second one). More after the jump.

The cost for Kovalchuk has certainly been inflated with this punishment, one can ask if it was worth it given the Devils present cap issues. The Devils will have to shed some salary before the season starts, rumors are circling around  Bryce Salvador, Brian Rolston, Danius Zubrus and Travis Zajac and others for more on this: click here. Kovalchuk has a 15 year deal worth $100 million with the Devils with an average cap hit of $6.67 a year.The punishment is pretty heavy, the deal to make Kovalchuk a Devil certainly has come with an immense price tag for New Jersey.

 

Story can be found here at thehockeynews.com

NHL.com story here.

 

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