Ilya Kovalchuk's stunning contract with the Devils: By the numbers

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ilyakovalchuk6.jpgRich Chere from the Newark Star-Ledger is the bearer of bad news for fans of fiscal responsibility as we know it as he gives us the official not-yet official (Tom Gulitti tweets that it’s not official yet but the NHL approving it won’t be an issue) contract numbers on the deal signed by Ilya Kovalchuk with the New Jersey Devils. Take a look at how things break down.

Ilya Kovalchuk’s blockbuster 17-year contract with the Devils is finally complete and approved by the NHL.

Here are the details of the deal, which has been filed with the NHL and NHL Players’ Association:

2010-11: $6 million
2011-12: $6 million
2012-13: $11.5 million
2013-14: $11.5 million
2014-15: $11.5 million
2015-16: $11.5 million
2016-17: $11.5 million
2017-18: $10.5 million
2018-19: $8.5 million
2019-20: $6.5 million
2020-21: $3.5 Million
2021-22: $750,000
2022-23: $550,000
2023-24: $550,000
2024-25: $550,000
2025-26: $550,000
2026-27: $550,000

Obviously, the most laughable part of it all is how the final five years of the contract pay out at a paltry $550,000 a year. Of course, those years are when Kovalchuk would be between the ages of 39-44 and could very well be done with hockey by that point, thus making it much easier for the Devils (or anyone else) to buy out his contract for an amount that won’t do anything to fudge with a team’s salary cap.

As for the meat and bones of the deal, think about this, when Ilya Kovalchuk is 34 years-old, he’ll be making $10.5 million that season. While the cap hit is all that matters in NHL economics it’s still an absolutely staggering number and one that not a lot of folks are too pleased with. Michael Russo of the Minneapolis Star-Tribune was one of the first to break the rumored and now official numbers and sounded off about the nature of deals like this and the snark is warm.

Take Ilya Kovalchuk’s contract: He signed a deal today with New Jersey for $102 million over 17 years for an annual cap hit of $6 million. He’s allegedly going to play until he’s 44, averaging $583,000 a year the final SIX years of his contract.

The NHL is allegedly “investigating” drastically-frontloaded contracts like Chris Pronger’s, Roberto Luongo’s, Marian Hossa’s, Johan Franzen’s and Henrik Zetterberg to see if there is any evidence of talk of retirement.

Even writing that sentence, I literally laughed out loud.

 

What’s stunning about this truly incredible deal is that this is all working on the assumption that the league won’t be locked out two or even three times by the time the deal reaches those waning years where Kovalchuk will be making what amounts to be the league minimum.

To put this in some kind of bizarro perspective, simply put, for the kind of player that the NHL has never seen reach unrestricted free agency, a bonafide superstar with talent beyond belief, it’s only fair that we’re seeing a mind-bending contract the likes of which we’ve never seen before and likely never will again. Even in the gigantic contracts used to sign the likes of Henrik Zetterberg, Chris Pronger and Marian Hossa, we’ve not seen one that had the numbers jump and dive so much before all in an effort to keep both the cap number down and to make the deal as pain-free for the signing team when the player reaches his twilight seasons.

Of course, not a lot of that means squat to most fans. They see a contract that goes on for an enternity that has an ultimate total that goes into nine (!!!) figures and in a league where greatness is appreciated while the fans still have some sense of grounded modesty, the reverberations are huge. While Ilya Kovalchuk might be on the fringe of the media spotlight in New Jersey, he’s now the major superstar the Devils franchise has never had before and he’s their guy for the next 17 seasons. Here’s to hoping that the Hockey Gods don’t frown upon a superstar getting rewarded.

Report: Maple Leafs closing in on deal with Jhonas Enroth

Los Angeles Kings goalie Jhonas Enroth, of Sweden, deflects a shot off the stick of a Colorado Avalanche player in the first period of an NHL hockey game, Monday, Jan. 4, 2016, in Denver. (AP Photo/David Zalubowski)
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The Toronto Maple Leafs held on to Garret Sparks, signing him earlier this month to a two-way contract.

But they may not be done there, as they look to find someone to fill the role of back-up to Frederik Andersen.

On Sunday, a report from Expressen in Sweden — and put through Google Translate — began circulating that the Leafs are closing in on a deal with free agent goalie Jhonas Enroth, who turned 28 years old last month.

It’s one report and the team has not confirmed or announced anything. But it’s something to keep an eye on over the next few days.

Enroth posted a .922 save percentage last season with the L.A. Kings, appearing in only 16 games behind starter Jonathan Quick.

Signed to a one-year deal worth $1.25 million with the Kings, his playing time was a source of contention, however, because Enroth seemed to be under the impression he would play more than he did in L.A.

The back-up position in Toronto became available when the Leafs traded Jonathan Bernier to the Anaheim Ducks.

Related: UFA of the Day: Jhonas Enroth

Providence College product Schaller saw opportunity to play with Bruins, but challenges lie ahead

BUFFALO, NY - JANUARY 15:  Tim Schaller #59 of the Buffalo Sabres skates against the Boston Bruins at First Niagara Center on January 15, 2016 in Buffalo, New York.  (Photo by Jen Fuller/NHLI via Getty Images)
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After spending the last three seasons in the Buffalo Sabres organization, Tim Schaller wasn’t going to resist the opportunity to sign with the Boston Bruins.

A product of Providence College, the now 25-year-old Schaller, a center who provides size up the middle at six-foot-two-inches and 219 pounds, signed a one-year, two-way deal worth $600,000 at the NHL level with the Bruins as a free agent at the beginning of July.

“We had probably about 10-12 teams calling on one day,” Schaller told the Boston Globe.

“About halfway through the phone calls, Don Sweeney of the Boston Bruins called. At that moment, I almost told my agent, ‘Why take another phone call? Why not just say yes to the Bruins right away?’ It’s a good opportunity to have to play in Boston. All the numbers worked out perfectly to where it was impossible to say no to them.”

The move helped to provide depth up the middle for the Bruins.

Schaller has put up decent numbers in the minors, with 43 points in 65 games with the Rochester Americans in the 2014-15 season. In 35 NHL games with Buffalo, he had two goals and five points.

However, earning a spot on the Bruins roster could be difficult.

They have centers Patrice Bergeron and David Krejci, who had off-season surgery, Ryan Spooner and the additions of Riley Nash and David Backes as free agents.

Backes can play wing in addition to center.

“Boston was a good fit,” said Schaller. “We think I’m better than the prospects, so we thought it was a good fit. Hopefully I can beat out a bunch of guys for a job.”

Being named Oilers captain would be ‘one of the greatest honors,’ says McDavid

Connor McDavid
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It began gaining momentum well before Connor McDavid even finished his rookie season, the prospect that the young phenom had what it takes to become captain of the Edmonton Oilers.

Wayne Gretzky had his say, in an interview with the National Post last season.

“I have a great deal of respect for him. In my point of view, I think he’s mature enough that he can handle it at any age,” said The Great One, the Oilers captain when that franchise was a dynasty in the 1980s.

McDavid’s highly anticipated rookie season was interrupted with a shoulder injury, but he returned to play in 45 games, with 48 points. He was named a finalist for the Calder Trophy, and there was plenty of healthy debate for his case to be the top freshman in the league.

As his season continued and then ended, the talk of McDavid’s possible captaincy in Edmonton has persisted. The Oilers, who traded Taylor Hall last month, didn’t have a captain this past season.

From Sportsnet’s Mark Spector, in April:

Connor McDavid will be named as the Oilers’ captain at the age of 19 next fall, one of the items that was deduced at general manager Peter Chiarelli’s season-ending press briefing Sunday. Asked if his team would have a captain next season where this year it did not, the GM responded quickly: “I would think so, that we would have a captain next year.”

At 19 years and 286 days, Avalanche forward Gabriel Landeskog became the youngest player in NHL history to be named a captain.

McDavid, the first overall pick in 2015, doesn’t turn 20 years old until Jan. 13 of next year.

He’s already the face of the Oilers and perhaps soon, the NHL, too. He certainly doesn’t seem to shy away from the potential of one day being named the Oilers captain.

“Obviously. If I was ever the captain at any point I think it would be one of the greatest honors and one of the accomplishments that I would definitely take the most seriously,” McDavid told the Toronto Sun.

“I don’t want to comment on it too much, but obviously it would be an unbelievable feeling.”

Trevor Daley surprises young hockey players, firefighters with Stanley Cup visit

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Trevor Daley had his day with the Stanley Cup on Saturday, taking it through Toronto, surprising young hockey players at a local rink and firefighters at a local station.

He also held a private viewing party for family and friends inside a local bar, as per the Toronto Sun.

Daley’s post-season came to an end in the Eastern Conference Final when he suffered a broken ankle. His absence tested the depth of the Penguins blue line as the playoffs pressed on, but Pittsburgh was ultimately able to power its way to a championship.

When Sidney Crosby handed off the Stanley Cup, the first player it went to was Daley, whose mother was battling cancer.

“He had been through some different playoffs, but getting hurt at the time he did, knowing how important it was, he had told me that he went [to see] his mom in between series and stuff, she wasn’t doing well, she wanted to see him with the Cup,” said Crosby, as per Sportsnet.

“That was important to her. I think that kind of stuck with me after he told me that. We were motivated to get it for him, even though he had to watch.”

Daley’s mother passed away just over a week later.