League voids Kovalchuk's deal with Devils

Hockey Betting Lines

07/20/2010 - Toronto, ON (Sportsbook Betting Lines) - The NHL has rejected Ilya Kovalchuk's 17-year, $102 million contract with the New Jersey Devils on grounds that it circumvents the league's salary cap.

The report is according to TSN Canada.

The rejection is likely due to the way the deal is structured, which was previously reported by the Newark Star-Ledger. He was due to earn $6 million in each of the next two seasons, $11.5 million from 2012-17 and $10.5 million the following year. The salary was scheduled to fall off after that until he made $550,000 annually in the final five years of the deal. He would have been 44 years old when the contract was set to conclude in 2027.

The way the current collective bargaining agreement is structured, a player who signs a deal before the age of 35 can eventually retire and have his contract come off a team's salary cap; however, teams must negotiate in a good faith effort to have the player remain in the league for the duration of the contract. It appears the Devils frontloaded the deal so Kovalchuk could have earned as much money as possible while providing the lowest possible cap hit for the team.

Similar investigations were also launched last offseason for Philadelphia's Chris Pronger and Chicago's Marian Hossa, but the league did not void either of those contracts. Pronger signed a seven-year extension worth $35 million, where he makes $525,000 in each of the final two seasons, while Hossa makes $1 million or less in each of the final four years of his 12-year, $62 million deal.

Kovalchuk was the hottest commodity on this year's free agent market, as he was pursued by the Devils, Kings, Islanders and a Russian club among others. He has turned down reported offers of $70 million over seven years and $100 million over 12 years from the Thrashers, who finally gave up on re-signing the sniper and sent him to New Jersey in a package that netted Atlanta defenseman Johnny Oduya, right wing Niclas Bergfors, forward Patrice Cormier and a first-round draft pick.

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Brandon Roy Favorite to Win 2007 NBA Rookie of the Year

Portland TrailBlazer’s guard, Brandon Roy, is MySportsbook.com’s overwhelming favorite to win the NBA Rookie of the Year odds.

Despite missing 20 games due to an injury earlier this season, Roy has definitely put up the best numbers of his 1st year peers. In 32 games, Roy is averaging 15.3 PPG, 4.2 boards and 3.5 assists in over 33 minutes of play per game. While most rookies breakdown as the season progresses (see Morrison), Roy is only getting stronger as his playing time and scoring average has increased each month.

With 30 or so games left in the regular season, Roy isn’t a lock for the award by any means. Other rookies are putting together some pretty impressive campaigns and a few could give Roy a run for the award with increased playing time. Heading the list is first pick, Andrea Bargnani of the Toronto Raptors. Even though he has started only two games all season, Bargnani is averaging 10.3 PPPG while shooting 35% from deep.

Randy Foye of the Minnesota Timberwolves could be set to give Roy the best competition NBA Rookie of the Year betting lines. With the benching of Mike James, Foye looks like he could be the starter in the T-Wolves backcourt for the rest of the season. So far, Foye has averaged 9 PPG and 2.4 assists in just under 21 minutes per game. With his new role of starter, Foye’s numbers will definitely increase. In his first game as the new starting guard this past Sunday, Foye had 10 points; five rebounds and 8 assists. More importantly, he logged 34 minutes of playing time; his third highest run of the season.

Adam Morrison, of the Charlotte Bobcats, was the favorite early on in the season after averaging 15+ PPG through the first month of the season. Ever since his torrid start, Morrison’s point production has declined each month. This really isn’t surprising, considering at 6’8” he only weighs 205 lbs. Obviously he will need to hit the weights big time during the off-season in order to keep from breaking down in the future.

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