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DevsFan7545

New Kovy Update ("As the Kovy Turns")

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Like I've said before no one knows that Kovalchuk and Grossman didn't know there would be issues. Lou is a pretty classy guy with tons of experience in this field so I'm pretty sure he told Kovy and Grossman that there could be issues with the NHL approval of the contract. For Burnside to assume that Lou just blindsided Kovy and Grossman is just stupid. I anything the NHL rejecting the contract after the big to do on Tuesday is distasteful. Why would Kovalchuk want to play in the NHL if stuff like this goes on.

BTW Burnside littering his article with questions is not only poor writing but poor journalism.

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L2DraftandTrade?

I mean honestly, if the argument against long-term deals is that "Well, we want other people to have a shot at them as well," then you need a GM that understands your business a bit better. I know we've been spoiled because we've had a really good GM for a long time, but the answer is to get better or get new GM's, not dumb it down for everyone else.

I didn't say I like it. It's just that parity, from a league's standpoint, is the competitive flipside to financial stability. Win-win for them.

How about this:

Current deal - 6 6 11.5 11.5 11.5 11.5 11.5 10.5 8.5 6.5 3.5 .75 .55 .55 .55 .55 .55

17 years, $102M total, $6M cap hit

Compromise - 6 6 10 11 11 11 11 10.5 8.5 6.5 3.5 1 1 1 1 1

16 years, $100M total, $6.25 cap hit

This takes Kovy til he's 43 (same as Luongo), he still gets his 9-figure payday and no year pays less than $1M, which is more than you could say about the league-approved deals for Savard, Hossa and Pronger.

Hypothetically throwing around more money than I'll ever see in a dozen lifetimes is fun.

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The Kovalchuk saga is like a mediocre movie that seems really great at first but then turns out to be a boring courtroom drama. Let's not go in that direction - while Lou is stubborn and sticks to his guns, I don't think it is good for the league, the Devils organization, or Kovalchuk to have this thing drag out into August.

So if I'm Lou, after I patch up those Mercedes-Benz ads they run during Devils' games where I sound like an undertaker, and convincing Garth Snow that Brian Rolston really is a leader in the locker room, that you can't just look at his body language on the ice, I talk to Jay Grossman over at Midwest Federal, and offer this deal:

7 7 11.5 11.5 10.5 10.5 10.5 10.5 7.5 4.5 2.5 1.5 1.5 1 1

that's 15 years, 98.5 million dollars. it's a cap hit of 6.56M, and the end isn't totally ridiculous - he's never making close to the current NHL minimum. Kovalchuk would probably end up playing until year 10 or possibly 11 of that deal, meaning that he leaves 5 million dollars on the table. He only collects 93.5 million, as opposed to the 98.5 million he would likely collect under the old deal. He still makes more than Ovechkin in most years, and we know that's important to him.

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(EDIT: Ah, I see DIG beat me to the numbers. Oh well, read on anyway, my idea's slightly different.)

Don't know if anyone's up for numbers discussion in this thread, but I was playing around with the original terms and came up with this idea:

15 years @ 100 million (cap hit of $6.666... million), broken down like so:

6 7 9 11.5 11.5 11.5 11.5 9.5 6.5 6 3.5 2.5 2 1 1

The ramp-up isn't quite so drastic and the ramp-down is a little more even. It comes out to $45M the first 5 years, $45M the next 5 years, and $10M over the last 5 years.

For comparison, this was the original contract:

6 6 11.5 11.5 11.5 11.5 11.5 10.5 8.5 6.5 3.5 .75 .55 .55 .55 .55 .55

Thoughts?

Edited by RowdyFan42

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whoops, i just posted a thread with speculations on the numbers, figured we would keep this for a news thread for now. both of those are fine ideas, although i think kovalchuk will demand more money up front if he's gonna be taking less money overall.

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(EDIT: Ah, I see DIG beat me to the numbers. Oh well, read on anyway, my idea's slightly different.)

Don't know if anyone's up for numbers discussion in this thread, but I was playing around with the original terms and came up with this idea:

15 years @ 100 million (cap hit of $6.666... million), broken down like so:

6 7 9 11.5 11.5 11.5 11.5 9.5 6.5 6 3.5 2.5 2 1 1

The ramp-up isn't quite so drastic and the ramp-down is a little more even. It comes out to $45M the first 5 years, $45M the next 5 years, and $10M over the last 5 years.

For comparison, this was the original contract:

6 6 11.5 11.5 11.5 11.5 11.5 10.5 8.5 6.5 3.5 .75 .55 .55 .55 .55 .55

Thoughts?

Is it not the ramp down that they are more concerned with so 6.5 to 3.5 to .75 is that still to steep, I dont know

Can we see someone like Hossa's numbers over 15 yrs for compairison, or Prongers/

Edited by Devs1965

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Thread combined

last i'll say on this 'cause i'll be guilty of what i'm saying, but there's like 2 other active threads and this one gets bogged down with references to ninja girls and random movie quotes. i think there's room for a good discussion of the kovalchuk contract numbers.

Edited by Triumph

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Is it not the ramp down that they are more concerned with so 6.5 to 3.5 to .75 is that still to steep, I dont know

Can we see someone like Hossa's numbers over 15 yrs for compairison, or Prongers/

You can't use Hossa or Pronger. They play for Bettman approved teams.

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Great article: http://msn.foxsports.com/nhl/story/nhl-might-have-picked-wrong-fight-072110

The biggest problem with this situation is that the league is unfairly penalizing the Devils for playing along with the rules of the game that have already been established by their competitors. If they are expected to compete with the Cup champion 'Hawks and the runner-up Flyers (who have signed Chris Pronger to a similarly dubious deal that pays him only $1 million over the final two years of his contract), they should be able to do so on a level ice surface. By attempting to establish different rules for the Devils, the NHL is establishing a different kind of precedent — a bad one that shouldn't sit very well with the fans.

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Thing that irks me is that you have other hockey fans who are more than likely not Devs fans commenting on how this contract is wrong and the Devs are dumb. Hey mind your own sh!tty team don't worry because the Devils are certified badasses with Kovy in the line up.

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last i'll say on this 'cause i'll be guilty of what i'm saying, but there's like 2 other active threads and this one gets bogged down with references to ninja girls and random movie quotes. i think there's room for a good discussion of the kovalchuk contract numbers.

Agreed. Please re-open that second thread.

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Many NHL fans wonder why Gary Bettman and the NHL ever let things get so out of control. What of the Rick DiPietro deal? Mike Richards? Duncan Keith? Chris Pronger? Marian Hossa? Roberto Luongo? Henrik Zetterberg? Why didn’t the NHL step in on any of those deals?

And what gives the NHL the right to step in on the Kovalchuk deal with so many other NHL contracts already out there that are, in the eyes of many, just as laughable, just as unreasonable?

http://bleacherreport.com/articles/422885-ilya-kovalchuk-deal-rejected-by-the-nhl-what-now

I dont know if this was posted already but Why are the Devils always treated like the Mickey Mouse org, Bettman wake up

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So if I'm Lou, after I patch up those Mercedes-Benz ads they run during Devils' games where I sound like an undertaker, and convincing Garth Snow that Brian Rolston really is a leader in the locker room, that you can't just look at his body language on the ice, I talk to Jay Grossman over at Midwest Federal, and offer this deal:

Isn't he over at North Star?

Sorry, a Fargo reference cannot go unrecognized.

As for Kovy, I see this as a line in the sand type of situation. The leauge is saying enough is enough with these kind of contracts and is using the press the deal has gotten to put a foot down and say, "Nope, enough is enough". I have to imagine the team already has a plan in place to deal with this risk as they had to have thought there was a chance this deal was going to fall through, so hopefully this gets finished soon.

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last i'll say on this 'cause i'll be guilty of what i'm saying, but there's like 2 other active threads and this one gets bogged down with references to ninja girls and random movie quotes. i think there's room for a good discussion of the kovalchuk contract numbers.

Agreed.

Hell, this Kovy drama is so twisted and layered that it could fill its own sub-forum. (Not that I'm suggesting that.)

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You can't use Hossa or Pronger. They play for Bettman approved teams.

Ha. Pronger really doesn't work because he's on a 35+ contract, meaning the cap hit stays if he retires or is sent down.

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Hradek claiming he has a source that says Devils knew of NHL's decision before the press conference. If true, and wasn't shared with Grossman, this is not good.

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When we had a "how many pages will the Kovy thread get to" thread, I said 320. Just sayin' :)

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Hradek claiming he has a source that says Devils knew of NHL's decision before the press conference. If true, and wasn't shared with Grossman, this is not good.

hradek also claims that scott burnside's reporting is terrific. so yeah.

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Hradek claiming he has a source that says Devils knew of NHL's decision before the press conference. If true, and wasn't shared with Grossman, this is not good.

If the NHL had actually made a decision, then why did they wait until after 10:00 PM Tuesday to leak it to a Canadian TV station? I'm calling shenanigans on that point.

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Isn't he over at North Star?

Sorry, a Fargo reference cannot go unrecognized.

damn it, i knew i was getting it wrong but was too lazy to google. should've talked to old Bill Diehl first.

Edited by Triumph

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its making me disgusted that ppl are saying la and rangers are going after kovy... that the rangers would trade gaborik to the kings just so they can make room for kovy... this all seems like the nhl is just tryin to stop the devils from ever winning anything ever again

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damn it, i knew i was getting it wrong but was too lazy to google. should've talked to old Bill Diehl first.

Any of you guys got an extra pair of tickets to the Gophers game this weekend?

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Hradek claiming he has a source that says Devils knew of NHL's decision before the press conference. If true, and wasn't shared with Grossman, this is not good.

I call BS. Why would the Devils role out the press conference fully knowing that in a matter of hours they would end up looking bad.

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its making me disgusted that ppl are saying la and rangers are going after kovy... that the rangers would trade gaborik to the kings just so they can make room for kovy... this all seems like the nhl is just tryin to stop the devils from ever winning anything ever again

Well the "people" saying that are Єklund (2.3% accurate), Єklund (2.3% accurate), and possibly Єklund (2.3% accurate)'s dog (though that may just be Єklund (2.3% accurate) practicing his ventriloquism), so I wouldn't really worry about Kovalchuk going to the Rangers, or anyone else for that matter. Even if the NHL's decision stands with an arbitrator (and I don't think it would, but that's just my opinion), I think Kovy and the Devils will rework the contract to the standards set by the arbitrator and that will be the end of it.

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