Are the Devils still paying Kovalchuk?

August 13, 2020 Off By idswater

Are the Devils still paying Kovalchuk?

The league put cap recapture systems in place to avoid these situations, which has the Devils still paying $250,000 a year on the salary cap to this Kovalchuk contract. Kovalchuk played four seasons after signing this contract.

Why did Kovalchuk leave the Devils?

2017: Kovalchuk wants to return to NHL Only, the then-34-year-old opted instead to wait another year in order to be an unrestricted free agent, staying in the KHL and leaving the Devils hanging again.

How much did Ilya Kovalchuk make in KHL?

He signed a three-year, $18.75 million contract with the Kings on July 1, 2018, after five seasons (2013-18) with SKA St. Petersburg of the KHL, which included winning the Gagarin Cup twice (2015, 2017). Kovalchuk scored 60 points (26 goals, 34 assists) in 110 games after returning to the NHL. The No.

What is the longest NHL contract?

Ilya Kovalchuk
The New Jersey Devils have just made history by signing Ilya Kovalchuk to the longest contract in NHL history.

Did Ilya Kovalchuk win a Stanley Cup?

TORONTO — It has been eight years since Ilya Kovalchuk played in the NHL’s postseason. Slotting in on the third line of a playoff-tested team and a recent Stanley Cup champion after he was acquired ahead of the trade deadline from the Montreal Canadiens, Kovalchuk has high hopes for the 2020 postseason.

What is the longest contract in sports history?

Largest sports contracts

Rank Name Length of contract
1 Lionel Messi‡ 4 years (2017–2021)
2 Patrick Mahomes‡ 12 years (2020–2031)
3 Mike Trout 12 years (2019–2030)
4 Canelo Álvarez 5 years (2018–2023)

What was Ilya Kovalchuk’s contract with the Devils?

His contract was terminated, but he left a lasting impression on New Jersey’s cap: $250,000 per season in cap recapture penalties until 2024-25. (That troublesome long term helps the Devils, as the recapture could’ve been much higher if spread over fewer years.)

Why did Ilya Kovalchuk retire from the NHL?

Just three years into his massive 15-year pact, Kovalchuk shocked the hockey world when he announced his retirement from the NHL in favour of returning home to Russia to play in the KHL. He left 12 years and $77 million behind and was placed on the NHL’s voluntary retirement list.

Why did Ilya Kovalchuk turn down money from Atlanta?

Kovalchuk turned down $101 million over 12 years from Atlanta. The Devils couldn’t afford to give him more money than that thanks to their salary cap space, but they could give him more years. Which, in the end, equates to more money.