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So Apparently The Rumor Is Kovy Could Be Coming Back


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#101 Jimmy Leeds

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Posted 09 June 2014 - 01:53 PM

Too much to read to catch up but we sure could use him in the Shootout


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#102 Joonas #6

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Posted 09 June 2014 - 02:57 PM

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#103 slasher72

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Posted 09 June 2014 - 03:47 PM

If by the end of the summer we are left with Kovy and Brian Gionta signed, Cory without an extension and no Stastny I think my head will explode like that guy in Scanners.


I nominate this for BEST post of the day, hah.
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#104 grcenter47

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Posted 09 June 2014 - 03:48 PM

I wonder if Bettman could overrule owners saying no to Kovy coming back "for the betterment of the league" or some crap like that. This could be a HUGE nail in the coffin of the NHL-KHL dilemma. Hell, is take him for the shoot out alone.

 

this sounds like a pro wrestling angle


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#105 hystyk28

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Posted 09 June 2014 - 03:50 PM

Kovy's leaving was a situation that was far beyond a home sick player wanting to leave for the Motherland.  Him "retiring" was beneficial to multiple parties, especially Bettman and the NHL.  The last thing the League wanted was the team possibly being moved.(Yes, people have enough dough in the World to make it happen, i.e. Clippers)  Gary didn't want the team to go into bankruptcy, for many reasons.(hurting the value of the existing franchises, hurting the fees for new franchises, being a creditor themselves, bad PR for a major market area, etc.)  I really think the sale was contingent on Kovy going back with not only the league's blessing, but mandate. They knew he was more than willing to go home, especially for the Olympics.(I won't even discuss the geopolitical angle there.)  Now you can say, that is really some conspiracy type crap there, but the last thing Gary wanted was another unsettled team going into, what I believe to be a large expansion in the next few years.

 

Now if Lou doesn't use his last compliance buyout, I believe that these Kovy rumors may be true.  If the League has a frank conversation with all the team owners/management and says that the Devils could have used the compliance buyout for Kovy last season and that he could have then gone to the KHL, just as he did, and then he could have resigned with NJ the following year anyway. (this summer) So all in all, the moves were done to save a team from ruin, which was in all of their own best interest.  These owners know if they had to take on the Devils like they did the Coyotes, they would be losing money and a lot of it.  And if you ever been around people of this ilk, they don't wanna lose money...ever.

 

I guess we will see, but with NJ's limited resources to acquire any additional talent, especially since it seems Schneids is here to stay, Kovy returning could be a good thing as long as the dollars and terms make sense.


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#106 The 29th Pick

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Posted 09 June 2014 - 04:05 PM

I'm sure Lou has told the NHL in private he hated that contract and it wasnt his idea etc, 

it was perfect timing for all parties for Kovi to go home for a while and come back when the dust settles


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#107 DJ Eco

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Posted 09 June 2014 - 04:21 PM

Kovy's leaving was a situation that was far beyond a home sick player wanting to leave for the Motherland.  Him "retiring" was beneficial to multiple parties, especially Bettman and the NHL.  The last thing the League wanted was the team possibly being moved.(Yes, people have enough dough in the World to make it happen, i.e. Clippers)  Gary didn't want the team to go into bankruptcy, for many reasons.(hurting the value of the existing franchises, hurting the fees for new franchises, being a creditor themselves, bad PR for a major market area, etc.)  I really think the sale was contingent on Kovy going back with not only the league's blessing, but mandate. They knew he was more than willing to go home, especially for the Olympics.(I won't even discuss the geopolitical angle there.)  Now you can say, that is really some conspiracy type crap there, but the last thing Gary wanted was another unsettled team going into, what I believe to be a large expansion in the next few years.

 

Now if Lou doesn't use his last compliance buyout, I believe that these Kovy rumors may be true.  If the League has a frank conversation with all the team owners/management and says that the Devils could have used the compliance buyout for Kovy last season and that he could have then gone to the KHL, just as he did, and then he could have resigned with NJ the following year anyway. (this summer) So all in all, the moves were done to save a team from ruin, which was in all of their own best interest.  These owners know if they had to take on the Devils like they did the Coyotes, they would be losing money and a lot of it.  And if you ever been around people of this ilk, they don't wanna lose money...ever.

 

I guess we will see, but with NJ's limited resources to acquire any additional talent, especially since it seems Schneids is here to stay, Kovy returning could be a good thing as long as the dollars and terms make sense.

 

Interrrrrrresting. You could be right, it all sounds about right.


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#108 devilsrule33

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Posted 09 June 2014 - 04:32 PM

Kovy's leaving was a situation that was far beyond a home sick player wanting to leave for the Motherland.  Him "retiring" was beneficial to multiple parties, especially Bettman and the NHL.  The last thing the League wanted was the team possibly being moved.(Yes, people have enough dough in the World to make it happen, i.e. Clippers)  Gary didn't want the team to go into bankruptcy, for many reasons.(hurting the value of the existing franchises, hurting the fees for new franchises, being a creditor themselves, bad PR for a major market area, etc.)  I really think the sale was contingent on Kovy going back with not only the league's blessing, but mandate. They knew he was more than willing to go home, especially for the Olympics.(I won't even discuss the geopolitical angle there.)  Now you can say, that is really some conspiracy type crap there, but the last thing Gary wanted was another unsettled team going into, what I believe to be a large expansion in the next few years.

 

Now if Lou doesn't use his last compliance buyout, I believe that these Kovy rumors may be true.  If the League has a frank conversation with all the team owners/management and says that the Devils could have used the compliance buyout for Kovy last season and that he could have then gone to the KHL, just as he did, and then he could have resigned with NJ the following year anyway. (this summer) So all in all, the moves were done to save a team from ruin, which was in all of their own best interest.  These owners know if they had to take on the Devils like they did the Coyotes, they would be losing money and a lot of it.  And if you ever been around people of this ilk, they don't wanna lose money...ever.

 

I guess we will see, but with NJ's limited resources to acquire any additional talent, especially since it seems Schneids is here to stay, Kovy returning could be a good thing as long as the dollars and terms make sense.

 

I don't think a team can re-sign their compliance buyout, can they? And in a compliance buyout case, you are still on the hook for a ton of salary. I don't think this will fly under any circumstance whatsoever.


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#109 hystyk28

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Posted 09 June 2014 - 04:39 PM

I believe you can resign the player of a compliance buyout after 1 year. The old ownership group could have bought out Kovy and really put the team in dire straights which would have put the league and the owners in even worse shape in regards to floating the team. IF we don't use the compliance buyout then this Kovy talk might have legs, IMHO.

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#110 slasher72

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Posted 09 June 2014 - 04:41 PM

Yes Lou..do it! do it!  Sign the Ex-Devil!! Then go get Gionta!! :boogie:


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#111 devlman

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Posted 09 June 2014 - 04:41 PM

If this is all true, then lets only sign him after the draft. Wouldnt want the league taking back that #30 pick


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#112 coldply123

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Posted 09 June 2014 - 04:50 PM

I don't think Kovy would be welcomed back in the locker room. Elias clearly had very little love for Kovalchuk.

Let's move on and build a team.
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#113 sokar

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Posted 09 June 2014 - 05:09 PM

fvck Kovy


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#114 StarDew

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Posted 09 June 2014 - 05:31 PM

Ilya Kovalchuk’s Potential Return Too Much Of A Headache For New Jersey Devils To Deal With

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#115 Triumph

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Posted 09 June 2014 - 05:40 PM

Kovy's leaving was a situation that was far beyond a home sick player wanting to leave for the Motherland.  Him "retiring" was beneficial to multiple parties, especially Bettman and the NHL.  The last thing the League wanted was the team possibly being moved.(Yes, people have enough dough in the World to make it happen, i.e. Clippers)  Gary didn't want the team to go into bankruptcy, for many reasons.(hurting the value of the existing franchises, hurting the fees for new franchises, being a creditor themselves, bad PR for a major market area, etc.)  I really think the sale was contingent on Kovy going back with not only the league's blessing, but mandate. They knew he was more than willing to go home, especially for the Olympics.(I won't even discuss the geopolitical angle there.)  Now you can say, that is really some conspiracy type crap there, but the last thing Gary wanted was another unsettled team going into, what I believe to be a large expansion in the next few years.

 

Now if Lou doesn't use his last compliance buyout, I believe that these Kovy rumors may be true.  If the League has a frank conversation with all the team owners/management and says that the Devils could have used the compliance buyout for Kovy last season and that he could have then gone to the KHL, just as he did, and then he could have resigned with NJ the following year anyway. (this summer) So all in all, the moves were done to save a team from ruin, which was in all of their own best interest.  These owners know if they had to take on the Devils like they did the Coyotes, they would be losing money and a lot of it.  And if you ever been around people of this ilk, they don't wanna lose money...ever.

 

I guess we will see, but with NJ's limited resources to acquire any additional talent, especially since it seems Schneids is here to stay, Kovy returning could be a good thing as long as the dollars and terms make sense.

 

This doesn't make any sense.  The idea of a compliance buyout on Kovalchuk's contract is insane.  Now I don't think the Devils were that upset that Kovalchuk walked away, and certainly new ownership was fine with it, but I don't think Kovalchuk being here had much impact on the sale price of the team.  Furthermore, if the Devils had wanted that contract to go away, they could've traded it and picked up, say 25%.  That's 1.5 million on the cap for the next forever, but it's certainly much better than a compliance buyout, which would've cost $45 million.


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#116 2ELIAS6

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Posted 09 June 2014 - 05:56 PM

i would absolutely love to bring back kovy at a more realistic contract.. i really miss having that star player to watch he was exciting..and the team could really use him as well.. i wish there were a little more back bone to this whole thing other than it just being a rumor because most likely thats all it is a big rumor getting a lot og hopes up for devils fans.. just let us be until you have some real information on something like this our emotions have been toyed with enough over the past couple seasons.
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#117 hystyk28

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Posted 09 June 2014 - 05:58 PM

1. Kovy would had to agree to a trade. Not happening.
2. The former ownership group could have made detrimental moves to come up with the money for the buyout, which exposed the league with an even bigger financial headache down the road. Again, it's more of a situation, where Lou didn't use both and try to bring him back.

It is clear that this was an orchestrated move by several parties, to what extent is the question. And what transpires, in the next few weeks may shed some light on the matter.

Any chance that if I've chain tries to go back, this could be used by the League as a PR move to deflect some of that negative publicity?

Did someone in this thread sat Tedenby went to the KHL? Is that confirmed by anyone?


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#118 Triumph

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Posted 09 June 2014 - 06:15 PM

1. Kovy would had to agree to a trade. Not happening.
2. The former ownership group could have made detrimental moves to come up with the money for the buyout, which exposed the league with an even bigger financial headache down the road. Again, it's more of a situation, where Lou didn't use both and try to bring him back.

It is clear that this was an orchestrated move by several parties, to what extent is the question. And what transpires, in the next few weeks may shed some light on the matter.

Any chance that if I've chain tries to go back, this could be used by the League as a PR move to deflect some of that negative publicity?

Did someone in this thread sat Tedenby went to the KHL? Is that confirmed by anyone?


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Why was that 'not happening?'  You're just creating a narrative.  Now do I believe that Kovalchuk leaving could've helped with the sale of the team?  Yeah, absolutely, that was a lot of money on the books.  But Kovalchuk wanted to go, he's not being exiled, and the Devils let it happen because fighting him would be idiotic.  Did Kovalchuk stay for the 2013 KHL All Star Game to make it look like, six months later, that he wanted out?

 

A buyout is not a lump sum.  It's paid out over the course of several years - a compliance buyout of Kovalchuk would've paid out $51 million over 24 years.  It's not nothing, but it would represent little money in the overall scheme of things - I mean, NJ's total salary payouts just for players over that time would have to be expected to be at least 60M * 22.5, or 1.35 billion dollars - Kovalchuk's buyout would represent 4% of that amount.


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#119 GoArmySports

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Posted 09 June 2014 - 06:25 PM

I'm not sure if this was clarified earlier in the thread or not but do all 30 GM's need to approve Kovy's return for this upcoming season or just the Devils? To my understanding the only time all 30 GM's had to approve Kovy returning was this past season and starting this season only the Devils needed to approve his return until his 35th birthday.


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#120 The 29th Pick

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Posted 09 June 2014 - 06:28 PM

I'm not sure if this was clarified earlier in the thread or not but do all 30 GM's need to approve Kovy's return for this upcoming season or just the Devils? To my understanding the only time all 30 GM's had to approve Kovy returning was this past season and starting this season only the Devils needed to approve his return until his 35th birthday.

Guliti says all 30


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