A (Red)Devil For Life
(from ESPN)
Kovalchuk gets 17-year deal from Devils
Ilya Kovalchuk is staying with the New Jersey Devils. Kovalchuk has signed a 17-year, $102 million deal, ending a three-week courtship that included offers from the Los Angeles Kings. He was also pursued by the New York Islanders and SKA St. Petersburg of the KHL. The Devils will absorb an annual salary cap hit of $6 million -- the average amount per season. However, Kovalchuk will remain on the books through the 2026-27 season. Kovalchuk will earn $6 million each of the next two seasons, $11.5 million for the following five seasons, $10.5 million in the 2017-18 season, $8.5 million for the 2018-19 season, $6.5 million in 2019-20, $3.5 million in 2020-21, $750,000 the following season and $550,000 for the final five years of the unprecedented deal. READ MORE
This is a bit insane
UPDATE: NHL REJECTS THE DEAL
