The NHL announced last night that it rejected the Ilya Kovalchuk's agreed-upon 17-year, $102 million contract with the New Jersey Devils. Its reason? The record-setting deal "circumvented the Collective Bargaining Agreement."
Deadspin wrote a tongue-in-cheek blog post congratulating the NHL for "growing a pair" by putting the kabosh on the deal. And truth be told, as Barry Petchesky wrote, the league's effort is admirable. Clearly, the Devils purposely structured the contract to circumvent the CBA and minimize its annual salary cap hit. Clever. Let's take a look at what the Devils did, courtesy of Petchesky's handy math:
Showing posts with label NHLPA. Show all posts
Showing posts with label NHLPA. Show all posts
Thursday, July 22, 2010
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