Kings Support NHL's Suspension Of Voynov Rice Files Formal Grievance Against Ravens T.I. Agrees To Help Hawks Move On Franchise Notes Warriors Embrace Heritage, Former Players NHL Takes Swift Action On Voynov NBA Franchise Notes App Review: NHL For iPhone Sources: Islanders Sale Price Was $485M Future Of NHL Panthers Questioned
Upcoming Conferences and Events
SBD/March 7, 2014/Franchises
Devils Slip To 27th In League Attendance, But Team Brass Not Panicking
Published March 7, 2014
OH, GOD! YOU DEVIL: In New Jersey, Tom Gulitti notes the NHL on Thursday announced that it has "reduced the penalty it assessed the Devils for circumventing the salary cap" on former LW Ilya Kovalchuk’s rejected contract in '10. The Devils were "due to surrender their first-round pick this year to complete the penalty." Instead, the Devils "will pick 30th (last) in the first round of the 2014 draft regardless of where they finish in the standings." Additionally, the NHL will return $1.5M of the $3M fine the Devils "paid as part of the punishment." The Devils "eventually signed" Kovalchuk to a 15-year, $100M deal on Sept. 4, 2010. But Kovalchuk “retired” from the NHL and walked away from the final 12 seasons of the contract last summer (Bergen RECORD, 3/7).