- Joined
- May 8, 2002
- Posts
- 349,977
- Reaction score
- 38
You must be registered for see images attach
The NHL reduced its penalty against the New Jersey Devils on Thursday for signing Ilya Kovalchuk in 2010. The Devils will keep the first-round draft pick they were scheduled to forfeit this year, and the league will reduce the $3 million fine assessed against the team for circumventing the NHL-NHLPA collective bargaining agreement The Devils recently applied to the league for reconsideration and relief from a portion of the original penalty, citing primarily changes in circumstances which, in the club's view, changed the appropriateness of the sanctions. The NHL did not spell out what changed, but Kovalchuk retired after last season and returned to Russia to play there. New Jersey signed him to a 17-year, $102 million deal but the league ruled what would have been the longest contract in NHL circumvented the salary cap and rejected it.
More...
