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DevsFan7545

New Kovy Update ("As the Kovy Turns")

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Checked the site today, saw the news and have to say that I'm absolutely speechless. I would have bet my house that Kovy was going to sign with the Kings. To be honest, I was firmly in the camp that it was best to let him walk and so the Devils could use the extra cap money to sign/trade for Kaberle, etc. But I have to admit I'm kind of pumped now. That being said, plenty of big questions still remain. For starters, if Parise doesn't re-sign I think this signing will be a big mistake. Also, if Rolston remains on the roster and Salvador/Clarkson/Zubrus are moved I'm going to be a little bummed out. I also have to admit when I first heard rumors of the 17-year contract, I thought it was a joke. But if you do the math, it comes out to an annual cap hit of $5.88 million a year - which is kind of an awesome number if you think about it. Finally, on a somewhat humorous side note, somebody (can't remember who) made the analogy of waiting for Kovy to sign akin to waiting for ketchup to come out of the bottle. If I remember correctly, the person wrote that if you have a great hamburger and the ketchup eventually comes out, it's worth the wait. But if it doesn't, your whole BBQ is ruined. I then made the mistake of explaining that analogy to my 4-year-old daughter. And every day for the past 12 days, she has woken up and asked me point blank, "So has the ketchup come out of the bottle yet?" Finally, I'll be able to tell her, "Yes, the damn ketchup has finally come out of the bottle." And that at least counts for something.

Haha that was me, glad you liked it.

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I am having a hard time believing its a 17 year deal..... but we'll see.

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Question: Do we really need Bryce anymore? I'd trade him for a pick...I'm sure you can get a second or third round pick for him.

If another D-man is needed...get someone younger in a Bryce trade.

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Like, Ilya is kinda like ketchup. We just took the burgers off the grill (Volchenkov) and whipped out the buns (Tallinder), and a plain burger is fine -- sometimes it's even really good -- but we need ketchup to make it perfect. And after painstakingly looking for the ketchup bottle, we finally found it (Kovalchuk to New Jersey per (N)Єverson). But once we bring it over to the burger, there's not alot left. So we wait and wait and tap all the ketchup to the bottom of the cap, and squeeze it. Now, if Ketchup comes out (Ilya does sign here), it makes all the waiting worth it. But if all we get is a watery-tomatoey disgusting concoction, (Ilya signs elsewhere), it makes the burger and buns (A-Train and Tallinder) almost inedible, plus it was a ridiculous waste of time trying (waiting.)

DINNER HAS BEEN SERVED!

Edited by Martyisth3b3st

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Question: Do we really need Bryce anymore? I'd trade him for a pick...I'm sure you can get a second or third round pick for him.

If another D-man is needed...get someone younger in a Bryce trade.

And I'm almost positive that you can't.

holy sh!t, i was right after all.

Yeah, but then again so was SD in a weird, twisted way. (N)Єverson, too. Not great company, you've got there.

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I guess we will know if (N)Єverson was right sometime soon. we might need to change the auto-formatting on his name.

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Reading the reactions, starting page 253, could make Scrooge smile.

Hell,I bet it would even make Manta smile.

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Didn't Manta say he would "buy a Kovy jersey and change his avatar to honor Kovy" if Martin walked and Kovy signed?

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Our top 6... Kovalchuk, Parise, Elias, Zajac, Arnott, Langenbrunner/Zubrus.

:drool:

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One more time for the cap dense (like me), if we're paying him over 17 years, and he decides to retire after 10, we keep paying him his salary but the cap hit for retired players disappears? All that salary the Devils continue to pay is just money shelled out and doesn't count against the cap, right?

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I just yelled in work "THEY GOT HIM!!!!!!!!!!!!!!!!!!" like someone was just caught from America's Most Wanted...today is a glorious day!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

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Nice Photo layout:

KOVALCHUK_IS_BACK.png

Don't get too excited just yet, he's still not listed on our roster. Someone is doing an amazing hacking job!!! First twitter accounts, now the Devils website...

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One more time for the cap dense (like me), if we're paying him over 17 years, and he decides to retire after 10, we keep paying him his salary but the cap hit for retired players disappears? All that salary the Devils continue to pay is just money shelled out and doesn't count against the cap, right?

No. The cap hit stays for all seventeen if he retires. That's the idea of the deal. He'll retire in like year 14 because it would be small money on the back end of the deal. He won't get paid but the avg. cap hit stays.

EDIT: Oh my bad. THe 35+ rules don't apply to him.

Edited by ben00rs

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One more time for the cap dense (like me), if we're paying him over 17 years, and he decides to retire after 10, we keep paying him his salary but the cap hit for retired players disappears? All that salary the Devils continue to pay is just money shelled out and doesn't count against the cap, right?

The Devils stop paying him and the cap hit stops as well.

If it is the 17 year deal, most of the actual money will be paid out in say, the first 10 years of the contract, while the last 7 years has very little money. So Kovy collects 100 million over the first 10 years in real money, while the cap is only affected by the cap hit, which is the contract value divided by 17 years, or $110 million/17 years=6.45 million cap hit(as a made up example. So Kovy retiring after 10 years in this scenario would remove the 6.45 cap hit from the Devils cap and they would not have to pay the remaining 10 million dollars.

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Hey MadDog, my friend, i am delighted to say that you have won our signature bet.

(See: sig)

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this really is ... just weird. He CHOSE to stay here.... HERE? He CHOSE it?!?!?!

I hear ya ... when I heard about it, I flat out said 'no fvckin way!!' :koolaid:

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No. The cap hit stays for all seventeen if he retires. That's the idea of the deal. He'll retire in like year 14 because it would be small money on the back end of the deal. He won't get paid but the avg. cap hit stays.

False. If he retires, the cap hit is gone. This deal was signed before he turned 35..

On the other hand, if Rolston retires, we are fvcked and we just pay him 5 mill (against the cap) to sit at home.

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is that the official Contract? 17 Years for 100Mil+ or so? Like it's not gonna turn into 2 years for 23.6Mil is it? Cause while I am really excited about Kovy staying...I'm a greedy SOB and want him for his career.

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dchesnokov

Kovalchuk $102m over 17 years. $10m per year for the first 8 years. $7.5 for the next 2, from what I heard.

That would be fantastic if true.

Edited by Amberite

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If that contract is the actual, final numbers, then Lou is a genius. Kovy for $6M per season is a steal and a half.

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Hey MadDog, my friend, i am delighted to say that you have won our signature bet.

(See: sig)

Haha, you are indeed a man of your word sir! Although if you check a bunch of pages back (right after the announcement was made) I did say I wouldn't make you pay up because of how long it took and what a cluster-f this whole thing became. I'm just happy to be right bro. :P

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