ChaosLex
09-14-2010, 12:50 PM
Wow!
The cost of signing Ilya Kovalchuk got even more expensive for the New Jersey Devils.
The NHL fined the Devils $3 million on Monday and took away two high draft picks over the next four years for signing Kovalchuk to a 17-year, $102 million contract in July that circumvented the league's salary cap.
In handing down what might be his harshest penalty for a team salary-cap violation, commissioner Gary Bettman forced New Jersey to forfeit a first-round pick sometime over the next four years and a third-round pick next year.
http://sports.espn.go.com/new-york/nhl/news/story?id=5569258
The cost of signing Ilya Kovalchuk got even more expensive for the New Jersey Devils.
The NHL fined the Devils $3 million on Monday and took away two high draft picks over the next four years for signing Kovalchuk to a 17-year, $102 million contract in July that circumvented the league's salary cap.
In handing down what might be his harshest penalty for a team salary-cap violation, commissioner Gary Bettman forced New Jersey to forfeit a first-round pick sometime over the next four years and a third-round pick next year.
http://sports.espn.go.com/new-york/nhl/news/story?id=5569258