Sources say Ilya Kovalchuk-LA Kings talks are heating up, again. Supposedly.

1 Comment

kovalchuktalkagain.jpgWe’ve heard scuttlebutt about the talks heating up between Ilya Kovalchuk and the Los Angeles Kings before. At this point, it’s like Cold War-era kids getting ready for a fire drill; you know what to do. Take everything with a grain of salt.

The latest rumor is that the Kings and Kovalchuk are boiling things down to no-trade clauses and other “fine print” details. Here is the latest bit from Craig Custance at The Sporting News.

There have been false alarms before, but it’s looking like Ilya Kovalchuk is finally closing in on a deal with the Los Angeles Kings.

According to the LA Times’ Helene Elliott, a contract between the Russian superstar and the Kings isn’t finalized but the two sides are down to working out details like how iron-clad a possible no-movement clause would be.

Rich Hammond, who covers the Kings for the team website, points out that team governor Tim Leiweke is in Europe this week which could lead to delays in getting any long-term deal approved. But like Elliott, Hammond wrote that indications are that the two sides are close to finalizing a contract.

Those are good sources, even if they’re far from hasty when it comes to calling the deal close to done.

The Kings and the New Jersey Devils have been the frontrunners since day one (it’s day, what, four thousand now?), so it’s hard to call this “news.” Still, we’ll keep you up to date. If something breaks in the talks, we’ll let you know.

Avs unveil new third jerseys

Avs Jerseys

The Avalanche will be throwing a bunch of different looks at us this season.

Having already released specialized “Mile High” jerseys for February’s Stadium Series game, the Avs unveiled new third sweaters on Friday — less than 24 hours after a bitter 5-4 home loss to Minnesota in their season opener.

(Guess Colorado wanted to send out some good vibes after blowing a 4-1 third-period lead.)

While undoubtedly exciting for the organization, the release of these new thirds isn’t taking anybody by surprise. Last month, several websites published leaked images of Colorado’s and Anaheim’s third jerseys, so the design has been in the public eye for several weeks.

The Avs will debut these new thirds on Oct. 24, in a Saturday night tilt against Columbus.

Related: Roy explains why he didn’t call time out

Report: Escrow set at 16 percent

Gary Bettman, Donald Fehr
1 Comment

Hey, remember in June when the NHLPA voted to keep the five-percent growth factor in spite of increasing worries about escrow?

Well, here’s why that decision was a significant one, via TSN’s Frank Seravalli:

With early revenue projections in place, the NHL and NHLPA set the escrow withholding rate for players at 16 per cent for the first quarter of the season on Thursday.

That means every player will have 16 per cent of earnings deducted from their paycheque and put aside until after all of this season’s hockey-related revenue is counted to ensure a perfect 50-50 revenue split with owners.

Now, this doesn’t mean that the players will definitely lose 16 percent of their salaries. Typically, they receive refunds when all the accounting is done.

Still, 16 percent is a good-sized chunk to withhold. They won’t be thrilled about it.

Related: To understand escrow, consider Duncan Keith