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Thread: Kovalchuk announces retirement

  1. #71
    1st Scoring Line DMAN3474's Avatar




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    f he would have retired after next season the 250k cap hit would have gone up to 750k. Mirtle tweeted that if he would have retired in 2018 at age 35 there would have been a 3.7 mil cap hit for the rest of the contract length. If Kovalchuk was on the fence Lou probably kicked him and said instead of waiting a couple years and ****ing us more, go now
    empire and jammer06 like this.

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    I don't rattle, kid. Kubrick's Avatar




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    Quote Originally Posted by jt View Post
    Because $77,000,000 x .67 = $51,590,000.
    They could've bought out his contract and been on the hook for zero cap penalty.

  3. #73
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    Kovalchuk announces his retirement from the NHL

    NHL Deputy Commissioner Bill Daly told TSN Radio 1050 on Thursday afternoon that the 'cap advantage' of Kovalchuk's contract was roughly $4 million over the first three years of his contract (as his first two years were significantly below his average annual salary). Daly added that the Devils will have to pay it back in cap charges over the remaining 12 years of the contract (roughly $300,000 a year).

  4. #74
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    Quote Originally Posted by Kubrick View Post
    They could've bought out his contract and been on the hook for zero cap penalty.
    saving $51,590,000 cash >>>>>>> $0 cap penalty
    KINGS17, Romulus, Big Red and 2 others like this.

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    I don't rattle, kid. Kubrick's Avatar




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    Quote Originally Posted by jt View Post
    saving $51,590,000 cash >>>>>>> $0 cap penalty
    Oh most definitely. I was speaking from purely the competitive perspective. The on-ice product will suffer greatly.

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    Quote Originally Posted by Kubrick View Post
    Oh most definitely. I was speaking from purely the competitive perspective. The on-ice product will suffer greatly.
    Their on ice product will not suffer from a $250k cap penalty...NJ was never going to spend to the upper limit anyway

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    it's camping season!! JEEPKING's Avatar




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    Thank God the Kings didn't get KovalCHOKE
    empire and Doctor Hockey like this.

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    upside down inside out alexisyque's Avatar




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    He just trolled the NHL sooo bad. I love it

  9. #79
    Im dumb, I'll prove it mark1178's Avatar




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    Default Kovalchuk announces retirement

    Lol
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    1st Scoring Line gretzky99's Avatar




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    Default Kovalchuk announces retirement

    Too bad DL can't sign the big UFA

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