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NHL News: The Kovalchuk Saga Isn't Over Yet

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Well the saga continues. According to TSN the NHL has rejected the contract signed by Ilya Kovalchuk with the New Jersey Devils yesterday.

The NHL has rejected Ilya Kovalchuk's 17-year, $102 million contract with the New Jersey Devils on the grounds that it circumvents the NHL's salary cap.

Not to brag, but I called this on Rink Side Radio last night. Also it isn't a surprise, since $95 million-dollars was given in the first 10 years, and 550K a year for the remaining 7 years of the deal.

More when we know it ...