New Jersey Devils Name New Head Coach

Dealing with the Devils: NHL reverses Kovalchuk punishment

49 Comments

The NHL is set to reverse the punishment handed to New Jersey for the Ilya Kovalchuk cap circumvention incident, according to TSN’s Darren Dreger:

In September of 2010, the NHL fined the Devils $3 million and took away their third-round pick at the 2011 NHL Entry Draft — as well as a first-round draft choice in one of the next four NHL Entry Drafts.

The punishment was levied after an independent arbitrator ruled Kovalchuk’s 17-year, $102 million deal attempted to circumvent the league’s salary cap (the deal was heavily front-loaded, with Kovalchuk earning $95 million over the first 10 years.)

This summer, Kovalchuk surprised the hockey world by retiring from the NHL with 12 years and $77 million remaining on his deal with the Devils. As a result, New Jersey will have to pay a cap restructure penalty of about $300,000 until 2024-25 — when the contract was set to expire.

Regarding this year’s first-round pick…

New Jersey was set to forfeit its selection at the ’14 NHL Entry Draft after keeping its firsts in ’11, ’12 and ’13. It now looks as though the Devils will select 30th overall regardless of how they finish this year.

There will likely be more to follow on this story, most notably the league’s explanation for its decision. It’s worth noting that the Kovalchuk deal was signed under the Jeff Vanderbeek regime, and Vanderbeek — who had a tumultuous time as Devils owner — has since been replaced by Philadelphia 76ers owner Josh Harris.

UPDATE

The NHL has released the following statement…

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 initially imposed.

After due and thorough consideration, the League has decided that a modification of the original circumvention penalty associated with the Kovalchuk contract is warranted.

The NHL also noted the Devils aren’t allowed to trade or transfer their right to the 30th overall selection at the draft.

Nugent-Hopkins trying to ignore trade rumors — ‘If it happens, it happens’

BOSTON, MA - DECEMBER 14:  Ryan Nugent-Hopkins #93 of the Edmonton Oilers skates against the Boston Bruins during the first period at TD Garden on December 14, 2015 in Boston, Massachusetts.  (Photo by Maddie Meyer/Getty Images)
Getty
Leave a comment

The Ryan Nugent-Hopkins trade speculation may have died down since it peaked at the draft in late June, but it’s not entirely dead.

The 23-year-old former first overall draft pick was asked to address the ongoing rumors Monday at an Oilers charity golf tournament.

“I try not to pay attention too much,” Nugent-Hopkins said, per the Edmonton Journal. “If it happens, it happens. I know it’s definitely a different group than the one we finished with last season.”

Indeed it is. Most notably, Taylor Hall is in New Jersey now, traded for defenseman Adam Larsson. The Oilers also signed Milan Lucic and drafted Jesse Puljujarvi.

What’s still lacking is an offensive defenseman who can run the power play, which is why the names Tyson Barrie (Avalanche) and Matt Dumba (Wild) have been floated as potential targets.

The Wild in particular could use a good, young center like Nugent-Hopkins, and the expansion draft is looming for a Minnesota club that already has defensemen Ryan Suter, Jared Spurgeon, Jonas Brodin, and Marco Scandella locked up in long-term contracts.

Barrie, meanwhile, has an arbitration hearing scheduled for Friday.

Blues d-man Kevin Shattenkirk is another name that’s come up; however, he can become an unrestricted free agent after next season, and whether he’d re-sign in Edmonton is in doubt.

Flyers reportedly avoid arbitration with Manning, sign him for two more years

2 Comments

Chalk up another arbitration hearing that won’t be required. This time it’s Brandon Manning‘s. The 26-year-old defenseman has agreed on a two-year, $1.95 million deal with the Philadelphia Flyers, according to CSN Philly.

Manning’s hearing was scheduled for next Tuesday. He was the last restricted free agent on the Flyers, after Brayden Schenn re-signed Monday.

Sportsnet’s Elliotte Friedman was the first to report the Manning signing.

Manning played 56 games for the Flyers in 2015-16, his first full season in the NHL. He had one goal and six assists while logging an average ice time of 16:32.

Report: Blackhawks, Rundblad agree to terminate contract

DALLAS, TX - OCTOBER 09:  David Rundblad #5 of the Chicago Blackhawks in the second period at American Airlines Center on October 9, 2014 in Dallas, Texas.  (Photo by Ronald Martinez/Getty Images)
Getty
6 Comments

The Chicago Blackhawks are reportedly parting ways with defenseman David Rundblad. The two sides have agreed to a contract termination, according to Mark Lazerus of the Chicago Sun-Times.

Rundblad, 25, was set to earn $1.1 million this season, per General Fanager. His cap hit was $1.05 million, meaning the ‘Hawks will gain $100,000 in cap space by not having to bury his contract in the AHL next season.

Rundblad was unlikely to make the Blackhawks in 2016-17 — not after the additions of Brian Campbell and Michal Kempny, and also the re-signing of Michal Rozsival.

It remains to be seen where Rundblad will end up. One possibility is back in Switzerland, where he spent part of last season before dressing three times for the ‘Hawks in the playoffs.

Sydor named assistant coach of Blues’ AHL affiliate

OTTAWA, CANADA - OCTOBER 11: Assistant coach Darryl Sydor of the Minnesota Wild looks up at the jumbotron during a video review in a game against the Ottawa Senators, during the NHL home opener to kick off the Senators' 20th anniversary at Scotiabank Place on October 11, 2011 in Ottawa, Ontario, Canada.  (Photo by Jana Chytilova/Freestyle Photography/Getty Images)
Getty
1 Comment

Darryl Sydor, after being let go by the Minnesota Wild, has joined the Chicago Wolves as an assistant coach.

The St. Louis Blues, the parent club of the AHL Wolves, made the announcement Monday. It was also announced that former NHLer Daniel Tkaczuk would join Sydor as an assistant on new head coach Craig Berube’s staff.

Sydor, who won two Stanley Cups as a defenseman, spent five years as an assistant on Mike Yeo’s staff in Minnesota. His time with the Wild was marred by an arrest in 2015 for drunk driving. He was sentenced to 60 days in jail and sought treatment.

“I know now that alcoholism is a disease and I’m powerless over alcohol,” he told Kamloops This Week in January. “I can never have a drink again and I’m fine with that.”