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07/26/2010 - Toronto, ON (Sportsbook Betting Lines) - Ilya Kovalchuk's free agency saga took another turn on Monday when the NHL Players' Association filed a grievance on behalf of the Russian superstar who had his 17-year, $102 million contract with New Jersey rejected by the league.
"The NHLPA has filed a grievance disputing the NHL's rejection of the standard player contract between the New Jersey Devils and Ilya Kovalchuk," the NHLPA said in a statement. "Under the terms of the CBA, the NHLPA and Mr. Kovalchuk are entitled to an expedited resolution of this matter. The NHLPA will have no further comment until this matter has been resolved by an arbitrator."
The NHL rejected the record deal last week on grounds that it circumvented the league's salary cap. The rejection was 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.
The next step in the process is to find an arbitrator to rule on the case. Once selected, that individual will have 48 hours to decide on an outcome. Kovalchuk will either have his contract with New Jersey upheld or he will once again become an unrestricted free agent, allowing the 27-year-old left winger to sign with any team, should the arbitrator side with the NHL.
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 registered 41 goals and 44 assists in 76 games split between Atlanta and New Jersey last season.
<< Inter Milan brass taking massive gamble with Balotelli sale
Toronto, Canada (Sportsbook Betting Lines) - With reports surfacing that Inter Milan are
prepared to transfer Mario Balotelli to Manchester City for a fee in the range
of 30 million Euros, the young star's tumultuous time with the club seems to be
at an
<< Gasquet rolls; Robredo exits Gstaad
Gstaad, Switzerland (Sportsbook Betting Lines) - Former top-10 Frenchman Richard Gasquet
reached the second round, while fifth-seeded Spaniard Tommy Robredo came up a
first-round loser Monday at the Swiss Open.
The seventh-seeded Gasquet grounded U
<< This Week in Golf - July 29th through August 1st
Philadelphia, PA (Sportsbook Betting Lines) - WOMEN'S BRITISH OPEN, Royal Birkdale Golf
Club, Southport, England - The women remain in Europe this week for the fourth
and final major of their season, the Women's British Open.
Catriona Matthew was th
<< NHLPA files grievance against NHL over Kovalchuk
TORONTO (AP) -The National Hockey League Players' Association has filed a grievance over the league's rejection of the contract between Ilya Kovalchuk and the New Jersey Devils.The league rejected the landmark 17-year, $102 million contract last wee
Rachel Alexandra gains spot in poll after Monmouth victory >>
New York, NY (Sportsbook Betting Lines) - Reigning Horse of the Year Rachel Alexandra
moved into third in the latest NTRA National Thoroughbred Poll. The four-year-
old filly advanced one position following a win Saturday at Monmouth Park.
Owned b
Hornets GM says Paul did not ask for trade at meeting >>
New Orleans, LA (Sportsbook Betting Lines) - Three-time All-Star point guard Chris Paul
met with Hornets management Monday, and new general manager Dell Demps
reportedly said Paul did not ask to be traded.
According to The Times-Picayune, D
Zakuani claims MLS POW award with brace against Rapids >>
New York, NY (Sportsbook Betting Lines) - Steve Zakuani of Seattle Sounders FC was
voted Major League Soccer Player of the Week for Week 17 of the 2010 MLS
season on Monday.
Zakuani scored both of Seattle's goals in a 2-1 win over the Co
Overdue Fish finally hits his stride >>
Philadelphia, PA (Sportsbook Betting Lines) - Minnesota native Mardy Fish is currently
enjoying the best stretch of his tennis career since joining the pro ranks 10
years ago.
Don't look now, but the 28-year-old American has now won his last two
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NFL betting action is back! At MySportsbook, all of the pro football odds are posted for the NFC North. Check out how we see the four teams in this cloudy division stacking up this year in the chase for the playoffs! Green Bay Packers (+125) - With QB Aaron Rodgers leading the offense and DC Dom Capers working his magic on defense, the Packers are a real force to be reckoned with.
Virtually nothing changed on this offense for Green Bay from last year to this year, save for the addition of rookie OT Brian Bulaga to the bunch. Expect more huge numbers from the Pack, and a relatively favorable schedule should get them over the hump and into the playoffs once again this season. My NFL Betting Predictions: 11-5, 1st place in NFC North Minnesota Vikings (+130) - There are still too many unknowns about the Vikes this year. There is a huge difference between QB Brett Favre and either Tarvaris Jackson or Sage Rosenfels under center. Plus, is Favre comes back, is he really going to be able to keep his pick total under double digits again? Depth at running back looked like it might have been an issue with RB Chester Taylor fleeing in free agency, but drafting RB Toby Gerhart should pick up the difference. This defense is still suitable, but with a first place schedule, making the playoffs is going to be very tough regardless of whether #4 comes back or not.
There is a huge difference between QB Brett Favre and either Tarvaris Jackson or Sage Rosenfels under center. Plus, is Favre comes back, is he really going to be able to keep his pick total under double digits again? Depth at running back looked like it might have been an issue with RB Chester Taylor fleeing in free agency, but drafting RB Toby Gerhart should pick up the difference. This defense is still suitable, but with a first place schedule, making the playoffs is going to be very tough regardless of whether #4 comes back or not. Play this weekly NFL Football Contestto see if you can win.
Chicago Bears (+350) - The Bears are probably a bit of an overhyped team once again this year.No, we don't think it is plausible for QB Jay Cutler to have as bad of a season as he did last year, and we do think the additions of RB Chester Taylor and DE Julius Peppers are going to help immensely, but there's still something in the water in the Windy City that we aren't so sure about. Maybe Chicago finds its way to .500... but then again, maybe it doesn't. If Favre comes back, Cutler might be the worst quarterback in this division this year.
Detroit Lions (+1500) - The Lions are probably once again going to be the whipping boys for the rest of the teams in the NFC North, but they aren't just going to roll over and die once again. There is some real talent amassing on this team offensively, as the combination of QB Matt Stafford, RB Jahvid Best, WR Calvin Johnson, and TE Brandon Pettigrew should put a bunch of points on the board if the offensive line can even remotely hold up. The questions really lie on defense, where it feels like DT Ndamukong Suh is going to be trying to stop opposing teams all by himself. This year should show some marked improvement in the Motor City.
The Patriots will make NFL betting fans a lot of money this season, get in early and enjoy the cash.
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