Here it is:
The contract was rejected because years of low salary at the end of the contract were added for the sole purpose of lowering the cap hit. The person added that no side believes Kovalchuk will play the final years of the deal at those terms. The star forward was slated to earn only $550,000 in each of the last five seasons of the contract that was to run through the 2026-27 season, when Kovalchuk would be 44.
See, I thought I didn't need to work on my "slap someone through the internet" technology anymore, so I stopped working on it. But lo and behold....
Kovy's contract goes 3 years longer age-wise and starts paying sub-million money a year earlier. And if he quits at 40, the cap hit goes away entirely.
james duthie tsnjamesduthie
If grieved, arbitration is binding. If arb. rules in favour of NHL, he is supposed to fix deal so it "conforms to the requirements" of CBA.