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hattrick

Member Since 10 Oct 2003
Offline Last Active Feb 27 2013 02:47 PM
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Topics I've Started

NHL, NHLPA change buyout rules

15 January 2013 - 07:36 PM

http://www.nhl.com/i...id=nhl:topheads

The new agreement allows teams to use one of those compliance buyouts prior to the start of this season. However, the player's full salary for the 2012-13 season still would count against the team's cap.

It's good to see them getting along :)

KHL president will attempt to buyout Ilya Kovalchuk's contract in

15 January 2013 - 07:32 AM

http://www.sbnation....contract-buyout

Just when it appeared as though the Ilya Kovalchuk saga had come to a close, the situation experiences another twist. Alexander Medvedev, the head of Russia's Kontinental Hockey League, will be travelling to North America in February in an attempt to discuss buying out Kovalchuk's contract with the New Jersey Devils, according to Igor Eronko of Sports.Ru on Sunday.

Gomez sent home; to be bought out in summer

13 January 2013 - 08:22 PM

http://www.nhl.com/i...id=nhl:topheads

Scott Gomez arrived in Montreal in the summer of 2009 as the first step in a rebuilding process for the Canadiens. He left town Sunday in much the same fashion. Gomez was acquired by then-Canadiens general manager Bob Gainey from the New York Rangers on June 30, 2009, one day before the opening of free agency. Gainey has said he used the acquisition of Gomez to prove to a flock of incoming free agents like Brian Gionta and Michael Cammalleri that the Canadiens were ready to be contenders. Less than four years later, new GM Marc Bergevin sent Gomez and his $7.36 million salary cap hit home Sunday to make sure he remains healthy and eligible for a compliance buyout in the summer. It was a move, Bergevin said, that would give his team some relief so it can compete – and perhaps even contend – under the reduced salary cap of $64.3 million coming next season.

Ex-Devils defenseman Alexei Kasatonov not helping in Ilya Kovalchuk sa

10 January 2013 - 10:17 AM

http://www.nj.com/de...t_flyout_sports

A former Devils defenseman isn't doing his old NHL club any favors. Alexei Kasatonov, general manager of SKA St. Petersburg in Russia's Kontinental Hockey League, told Sportbox.ru that he will "do everything possible" to keep Ilya Kovalchuk from returning to the NHL. Rumors have persisted that executives from natural gas and oil firms in Russia are trying to keep Kovalchuk in the KHL by offering as much as $30 million a season.

Hockey’s Wealth Redistribution Problem:What’s Really Behind The NH

20 December 2012 - 10:25 AM

http://business.time...he-nhl-lockout/

The NHL would like you to believe that owners give too much money to players. That was management’s position almost a decade ago—the last time the league locked out its talent—when players were getting three-quarters of total revenues. After an entire season was voided, the NHL Players Association caved, agreeing to lower its members’ share of revenue to 57%. Peace and harmony have ensued since, but now the owners want an even bigger piece of the pie, claiming financial hardship.
Don’t believe them, not for a minute. First, as I’ve written about before, sports team accounting is misleading at best, given that club owners can claim to be losing money when a) the losses are on paper only; b) there are tax benefits from whatever losses happen to be real; and c) the value of their teams continue to rise.


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