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New Kovy Update ("As the Kovy Turns")


DevsFan7545

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The arbiter could look at the wording of the clause, see the NHL gets to decide what salary cap circumvention is, and then say, "well the NHL decided this one is, which is their right". The NHL goes, "hey this guy is older than anyone else and we think it's too old and just their to lower cap hit". The Judge goes, "that seems reasonable enough". Arbiter rules for the NHL.

And completely ignores the fact that the NHL allowed other players to sign until that age? Luongo's contract is until 43.

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I understand that an arbitrator will decide if it gets disputed, but I don't understand the opinion that the arbitrator will side with the league despite the league showing obvious precedence in the past at allowing these contracts. How can a neutral arbitrator look at the CBA, see that no rules were broken, and then look at past examples, and see that they were all allowed, and then rule against us? It makes no sense.

In short, unless you can show in a court, in layman's terms, that the arbitrator's decision was the product of corruption, the arbitrator's decision stands. Maybe the arbitrator looks at it the way we do or maybe not. All that's needed is a somewhat reasoned basis for the arbitrator's decision.

EDIT: The standard of review might be a little different since it involves a collective bargaining agreement. I don't know one way or the other.

Edited by Daniel
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there is two different rules the 50% rule and the 100% rule

the 100% rule states that over a 3 year period of the contract (I will use Luongo's for example) the salary can not drop by 3 times the lowest value so for Luongo's he is paid $1 million in the second to last year, but 2 years previous he was paid $3.375 million which is a violation of the 100% rule

the 50% rule (which seems to be a more strictly enforced rule) states that the lower of the first 2 seasons salary divided by 2 is the greatest amount the contracts value can drop from one year to the next. In Kovalchuk's case, as has been said a few times, his first two years are $6 million so the value from one year to the next can not be any more than $3 million

I'm going by what I read here: http://www.nhlscap.com/cap_faq.htm#100pct

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The problem is, while not violating the letter of the CBA, it violates the spirit, which the league is equally justified in using to not approve.

So the cap guy wouldn't know for sure how the league would look at it, spiritually, since he's not there any more.

The league is making a joke of itself if this is what they're arguing. It screams of favoritism and bias.

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And completely ignores the fact that the NHL allowed other players to sign until that age? Luongo's contract is until 43.

Kovalchuk would be 44, so that's older, which means can be viewed as completely different than anyone but other players signed to 44, which I believe there are no comparables. And yes, the league probably gets to arbitrarily select what is "in the spirit" and what "isn't"

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"tsnjamesduthie

Best guess: Devils/Kovy could restructure, but agents I spoke to figure Kovy likes his deal just the way it is, and will ask PA to grieve."

Fingers crossed the arbiter finds for the NHLPA

Edited by Devils731
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drop one year off the contract and pull ~1.5 million from wherever in the rest of the deal and then throw it on the end so it looks more like Luongo's deal.

Lets see them reject it after it becomes a near carbon copy of his deal.

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Why did Lou tell TG he thought it was a stupid contract? He should throw a jelly jar at himself. I thought he was a moron for saying as much but figured they waited since Saturday so the NHL could approve it. or did Lou WANT this to be rejected?

whatever.

:o

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even if it doesn't, the devils would just move to plan B anyway if they didn't win the grievance.

I agree, I think plan B will be what will happen, 15 years, 101 million is the worst case scenario, I'm thinking, which is still pretty good.

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I agree, I think plan B will be what will happen, 15 years, 101 million is the worst case scenario, I'm thinking, which is still pretty good.

Now that the cards are on the table, I think Kovy would give a little money-wise and we'd wind up closer to 6.3-6.5 AAV.

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