The Associated Press is reporting that the NHL Players Association has filed a grievance over the league’s rejection of a 17-year, $102 million contract between the New Jersey Devils and superstar winger Ilya Kovalchuk.

The deal was rejected by the league because it circumvented cap rules, which commissioner Gary Bettman had warned against after several other long-term front-loaded deals (see the complete breakdown of Kovalchuk’s deal here).  The NHLPA claims that the contract is legal under the collective bargaining agreement and should be allowed.

Agents predicted last week that the deal would likely be allowed since nothing in the collective bargaining agreement forbids front-loaded contracts.  Front-loading the deal allows Kovalchuk’s cap hit to be around $6 million despite him earning $11.5 million from 2012-2017.

The ruling on Kovalchuk’s deal will be closely watched by several other big-name NHLers whose contracts come up next season.  Brad Richards, Zdeno Chara and Joe Thornton are among the names who will likely end up with front-loaded deals if Kovalchuk’s contract is allowed.

OTHER NEWS FROM THE BUSINESS OF SPORTS NETWORK

(THE BIZ OF BASEBALL)

• Liverpool FC Fans in Texas Run Poster Campaign to Remove Tom Hicks
• LWIB: MLB Revenue Sharing, Qcue Partners with MLBAM, Plus Tidbits
• Brown: Timing of Minor League hGH Testing More Than a PR Move by MLB
• 5 Minor Leaguers Suspended for PEDs
• Athletics Ink Kurt Suzuki to 4-yr, $16.25M Contract
• MLB to Implement Blood Testing for HGH in Minor Leagues
• Judge In Texas Rangers Bankruptcy Case Sets Aug. 4 for Auction

Matthew Coller is a staff member of the Business of Sports Network, and is a freelance writer. He can be contacted at This e-mail address is being protected from spambots. You need JavaScript enabled to view it This e-mail address is being protected from spambots. You need JavaScript enabled to view it This e-mail address is being protected from spambots. You need JavaScript enabled to view it   and can be followed on Twitter

Comments (0)

Subscribe to this comment's feed