Kovalchuk pact approved; NHL-NHLPA adopt rules for long-term deals

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09/04/2010 - Toronto, ON (Sportsbook Betting Lines) - Ilya Kovalchuk will finally join the New Jersey Devils after his re-submitted contract was officially and finally approved by the National Hockey League just before 3 a.m. (et) Saturday morning.

The re-worked contract now calls for Kovalchuk to collect a reported $100 million over 15 years, with an annual cap hit of close to $6.66 million. The deal is thought to pay out $90 million in the first 10 years and $10 million over the last five.

Kovalchuk's initial 17-year, $102 million deal with the Devils was rejected by the league on the grounds that it circumvented the league's salary cap. The deal was front-loaded so Kovalchuk could have earned as much money as possible while providing the lowest possible cap hit for the team.

The NHL Players' Association filed a grievance on Kovalchuk's behalf, but an arbitrator ruled in favor of the league. The Russian star, now 27, would be approaching age 43 when the contract expires.

The rejection of the contract provided much debate throughout the league in terms of "lifetime" contracts given to players that have helped reduce the yearly salary cap hit. Several players in previous years signed deals that took them past 40 years of age and saw the annual salary dip below $1 million in the final years of the contract.

The NHL and NHLPA together, did away with those scenarios in one fell swoop Friday, jointly adopting new regulations on such pacts while simultaneoulsy ruling on Kovalchuk's situation after a whirlwind of postponements on a ruling that stretched well into the night.

The new rules will apply only to long-term contracts, five years or longer in length, and only those going forward beyond the September 4 ruling date. All previous contracts are grandfathered in, meaning Kovalchuk's contract will likely be the last of its kind.

To that end, the two entities also announced that the league will terminate its circumvention investigations into the contracts signed in 2009 by Marian Hossa of the Chicago Blackhawks, Roberto Luongo of the Vancouver Canucks, Marc Savard of the Boston Bruins and Chris Pronger of the Philadelphia Flyers.

"We are pleased to finalize an agreement which ends the league's circumvention investigations and also establishes rules on long-term contracts that will provide players, their certified agents and general managers clarity for the negotiation of new contracts," said Roland Lee, associate counsel for the NHLPA and director of Salary Cap/Marketplace. "Turning the page on this process is something that will benefit all parties involved."

Taking into account the NHL's salary cap system and forthcoming CBA negotiations, a special calculation of value will be made in two ways for contracts that extend beyond a player's 41st birthday, and any long-term contract that averages more than $5.75 million for the three highest- compensation years will have rules put into place that limit that player's compensation to a minimum of $1 million between the ages of 36 and 40.

Because of the league's previous rules on player contracts after the age of 35, it was conceivable that someone could retire before a contract had expired, wiping the contract off the salary cap. This rule allowed teams to sign players to front-loaded contracts to benefit both the team and player.

"We're pleased to be able to establish clearly-defined rules for these types of contracts going forward and just as happy we can turn the page on uncertainties relating to several other existing contracts," NHL Deputy Commissioner Bill Daly said. "From start to finish of this multi-week process we were able to work closely and cooperatively with representatives of the Players' Association, who shared our belief that the creation of definitive rules and guidelines in this area would be beneficial to everyone -- clubs and players alike."

Kovalchuk's deal will reportedly take the team about $3 million over the salary cap with 21 players under contract, and the Devils will have to get under the $59.4 million cap before the beginning of the season while adding two more players to the roster.

Kovalchuk posted 41 goals and 85 points in 76 games last season, 10 goals and 27 points coming in 27 games with New Jersey. In a five-game first-round playoff loss, the 27-year-old added two goals and six points.

In 621 games since entering the league in 2001, he has accumulated 338 goals and 642 points with Atlanta and New Jersey.

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The NFL preseason is approaching. Time for players, coaches and teams to turn over a new leaf. General managers have hired some new coaches, while coaches have added some offensive and defensive assistants to try and improve things. Here’s a look at some changes to look for in the preseason.

New York Jets: The Jets were one of the surprise teams in the NFL last season, making the playoffs under hard-driving first-year coach Eric Mangini. Mangini rebuilt the offensive line with rookies D'Brickashaw Ferguson (the No. 4 pick in the 2007 Draft) and Ohio State center (the 29th pick in the first round). This season he upgraded the defense with rookie linebacker David Harris (Michigan) while the secondary picked up a much needed top-notch corner in Pitt CB Darrelle Revis (No. 14 overall).

The Jets have added balance to the offense for QB Chad Pennington with RB Thomas Jones, essentially stolen from the Bears. He will upgrade a New York ground game that was 20th in rushing with a weak 3.5 yards per carry. They have their first true feature back since Curtis Martin. Offensive coordinator Brian Schottenheimer prefers ball control, like his father Marty. In preseason, behind Pennington you’ll see second-year QB Kellen Clemens and mobile newcomer QB Marques Tuiasosopo.

Jacksonville Jaguars: The heat is on Jack Del Rio in Jacksonville as the Jaguars flopped last season despite a ton of talent. Keep in mind that under Del Rio the Jaguars have been outstanding in preseason with a 12-4 SU, 11-5 ATS August mark. online football betting Their defense is loaded, it’s the offense that has been stuck in first gear the last few years.

Enter a new offensive coordinator in Dirk Koetter, the former Boise State and Arizona State pass-happy coach. He will try and upgrade a passing game that ranked 24th last season. Del Rio has criticized wide receivers and Matt Jones this summer, both of whom have battled injuries. It will be interesting to watch the “new” Jaguars passing game in preseason.

Arizona Cardinals: Word out of Arizona is that the players like new coach Ken Whisenhunt, who was the Steelers offensive coordinator last year. We think of Arizona as all-passing because their running game has been awful of late because of a poor offensive line. However, keep an eye on the running game in preseason as they’ve made a lot of changes.

The new coach brings in Russ Grimm to coach the offensive line (Grimm did a marvelous job building the Steelers line). They took Penn State OT Levi Jones in the first round and signed two offensive linemen, Mike Gandy and Al Johnson, to provide depth. Reggie Wells was moved from right tackle to left guard and they want more speed out of the offensive line for pulling and traps, a Pittsburgh staple under Bill Cowher.

Atlanta Falcons: While all the attention has been focused on QB Mike Vick’s off-field problems, new coach Bobby Petrino is revamping the Falcons from an all-running team to a more balanced one. Petrino likes the experience of backup QB Joey Harrington and he has veteran backup Chris Redman, who used to play for Petrino at Louisville and knows his offenses better than anyone. Petrino wants Vick to be more of a pocket passer.

The addition of FB Ovie Mughelli is a sign Petrino wants a power rushing attack behind a physical fullback and newcomer WR Joe Horn should upgrade what was a below average wideout corps. Petrino is changing their old zone-blocking scheme to a more traditional in-line blocking scheme and the offensive line is bigger. Rookie DE Jamaal Anderson was grabbed in the first round and the secondary got younger with former Auburn cornerback David Irons, who the Falcons think was a steal as a sixth-round pick.

Cleveland Browns: The 2007 Browns look like a double-edged sword. There was the excitement of the offseason, trading for RB Jamel Lewis, upgrading the offensive line with Wisconsin’s Joe Thomas (the No. 2 pick in the draft) and free agent LG Eric Steinbach, then trading for Notre Dame QB Brady Quinn when he fell to No. 22. GM Phil Savage and head coach Romeo Crennel feel they have a talented, balanced offense with these new pieces, plus TE >Kellen Winslow and WR Braylon Edwards.

However, were these moves made in desperation? And were they foolish ones? The Browns gave up their 2008 first-round pick for Quinn and we all know QBs take time to develop. And even first-round QBs can be busts (Joey Harrington, Akili Smith). We also don’t know if the offensive line is that much improved (31st in rushing in 2007) and they did nothing to improve a defense that was awful against the run (142 yds pg allowed).

The Browns have a new offensive coordinator in Rob Chudzinski. This is a young offense and Quinn looked tentative, indecisive and inaccurate early in camp. Crennel will play Charlie Frye, Quinn and Derek Anderson in preseason. And there is a mixed bag for rookie QBs receiving significant starts: Tim Couch (14), Kerry Collins (13), Ben Roethlisberger (13), Vince Young (13), Joey Harrington (12), Matt Leinart (11) and Kyle Boller (nine). While all the focus will be on the Browns new-look offense, I’m more concerned with the defense.

Carolina Panthers: Coach Jon Fox loves the ground game, but Carolina has made some interesting changes for 2007. Fox fired offensive coordinator Dan Henning and brings in Jeff Davidson to run the offense. Davidson has brought in zone-blocking schemes to the Panther offense, a dramatic change for a system that's been built around a power-running style.

In zone-blocking, offensive linemen are responsible for blocking any defender who appears in their zone, instead of focusing on one defender. The Broncos and Falcons have had success with the system, which features smaller, more athletic offensive linemen and can create running lanes on the inside and outside. Keep an eye in preseason on how Carolina adjusts as it will take time to learn the system. Fox has been one of the top coaches in preseason, with a 15-5 SU, 12-7-1 ATS August record.

Dallas Cowboys: WR Terrell Owens is still here, but QB Drew Bledsoe and Bill Parcells are gone. New head coach Wade Phillips takes over, replacing Parcells. He ran the Chargers defense last season. Phillips was chosen by teary-eyed owner Jerry Jones partly because he is one of the best 3-4 coaches in football and the Cowboys have loaded up on players for that scheme.

Remember that Phillips was blitz-happy with the Chargers last season and early reports out of the Dallas camp have mentioned how the Cowboys have been blitzing a lot, a departure from Parcells. The theme of the 2007 Dallas defense appears to be one of attack.

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