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: Sabres interested in Pens director of amateur scouting Randy Sexton

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New Sabres GM Jason Botterill has been on the job for less than a month, but with the draft around the corner, he’s got to start filling some holes in his front office.

Botterill, who came over from Pittsburgh, is allowed to bring former Pens colleagues of his over to Buffalo, but only if they’re given promotions by the Sabres (no lateral moves).

According to a report by Chuck Gormley, one person who could move from Pittsburgh to Buffalo is Randy Sexton, who currently serves as the Penguins’ directer of amateur scouting.

Sexton would bring plenty of experience to the Sabres’ front office, as he’s been a general manager with both the Ottawa Senators and Florida Panthers.

Having someone with that kind of experience could be beneficial for a rookie GM like Botterill, so the move would make a lot of sense from that point of view.

Related:

Botterill has “no problem” with Lehner as No. 1

Botterill to use Pens’ NHL-AHL relationship as model for Sabres

PHT Morning Skate: How good has Subban been during Nashville’s run?

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–Prior to last night’s game between Ottawa and Pittsburgh, the Senators held a moment of silence for those affected by the attacks in Manchester. A very touching moment. (The Score)

–Speaking of that game, the Senators managed to win it 2-1 thanks to some incredible goaltending from Craig Anderson. You can check out the highlights from the game by clicking the video at the top of the page.

–Sportsnet’s Andrew Berkshire takes a deeper look at P.K. Subban‘s contribution to Nashville’s run to the Stanley Cup Final. Despite dealing with a herniated disc, Subban has really been a key part of the Predators’ success both offensively and defensively. (Sportsnet)

–Many hockey fans thought Pekka Rinne‘s better days were behind him after he struggled during the regular season, but his playoff numbers have been incredible. From the start of his career, Rinne has always been underrated, so being underestimated is nothing new to him. (Yahoo)

–The Anaheim Ducks and Toronto Maple Leafs made a couple of trades last offseason. First, the Leafs got Frederik Andersen from the Ducks. Then, it was Toronto that shipped Jonathan Bernier to Anaheim. Could the two clubs make another huge deal this summer? The Leafs need a right-handed defenseman, and with the expansion draft coming up, the Ducks may have some blue liners to move. (The Hockey News)

–Former NHLer Manny Maholtra held a part time role with the Canucks last season, and he’s hoping for a larger one next year. “We’ve started discussions and it’s something I would definitely like to do. Obviously, a lot has to do with how (Travis) Green feels and how he wants to build his staff.” (Vancouver Province)

–We know that Brendan Smith wants to re-sign with the New York Rangers, but what will it take to get him under contract? According to the New York Post, Smith will likely fetch a four or five-year deal worth north of $4 million. (New York Post)

Crosby: Penguins ‘probably deserved better’ vs. Senators in Game 6

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If you didn’t know that the Stanley Cup Playoffs can be awfully cruel, then the last week or so of action should make it pretty clear.

The Nashville Predators lost top center Ryan Johansen to a scary ailment few would have seen coming. The Anaheim Ducks fell in both games to the Johansen-less Predators, even after dominating significant chunks of Game 6. At least one Ducks player wondered if the better team won.

Much like in life, “fair” and “deserve” only matter so much. Sports have a scoreboard to serve as the ultimate deciding factor.

The Pittsburgh Penguins have similar thoughts after falling 2-1 to the Ottawa Senators tonight, extending the Eastern Conference Final to a decisive Game 7. You can nitpick questionable penalties and missed chances, but really, how negative can you be after Craig Anderson puts forth a blazing 45-save performance (with no overtime)?

Mike Sullivan and others echoed such thoughts.

” … Obviously, we’re disappointed in the result, but I don’t think we can get discouraged by that,” Sullivan said. “I think we’ve got to take the positives from it, and we’ve got to build on it, and we’ve got to become a more determined team for Game 7.

That’s not the sort of take that’s going to make the Senators angry in Game 7. The tone of the Senators’ discussions was likely very different after they lost Game 5 by a 7-0 score, yet maybe there was similar self belief.

Anderson puzzles Penguins as Senators force Game 7

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Who could blame fans for chanting “Andy” tonight?

The Ottawa Senators said they would choose to fight in Game 6, and Craig Anderson truly battled in this one, refusing to allow this unlikely run to an end on Tuesday. They wouldn’t roll over, even after a 7-0 humiliation in Game 5.

The underrated goalie continued his memorable (and emotional) 2016-17 season with a brilliant performance, making 45 saves to help Ottawa manage a gutsy 2-1 win against the Pittsburgh Penguins.

With that, hockey fans get a true treat: the Eastern Conference will go to a Game 7 on Thursday.

The Senators opted for a “bend but don’t break” strategy for much of the contest, possibly to Guy Boucher’s preference. Even so, the Penguins managed to grind their way to a 1-0 win thanks to another hard-work goal from Evgeni Malkin.

Mistakes would come back to haunt the Penguins, however, as Bobby Ryan broke Ottawa’s lengthy power-play drought to tie things up on a 5-on-3.

With their season in question thanks to a 1-1 tie in the third period, Mike Hoffman sent a booming shot by Matt Murray, and that ended up being all the Senators needed to tie the series 3-3.

Anderson was the standout, but Erik Karlsson was a hero in the way his detractors might not expect.

You can watch Game 7 on NBCSN at 8 p.m. ET on Thursday. The game is also available to stream via the NBC Sports App.