July 31st, 2010, 07:37 AM #861
Should the NHL win this case, I think this is most likely scenario.
Originally Posted by Bogey
However, I think the NHL has a very good chance of losing the case. The contracts of Luongo, Hossa, and Pronger, while admittedly not as egregious as Kovalchuk's contract, did set a precedent for contracts like this.
July 31st, 2010, 03:16 PM #862
August 1st, 2010, 11:33 AM #863
August 1st, 2010, 12:43 PM #864
just for the sake of argument, let's say that the contract is deemed void, he is once again an FA, and NJ loses 2 mil in cap room from at least their 2010-11 season.
modified contract plus penalties would be ~9.5 mil cap hit.
would the devils even try to sign him?
August 1st, 2010, 03:12 PM #865
Since a ruling is expected to be made within 48 hours once an arbiter is chosen... this should be announced by Wednesday.
August 1st, 2010, 03:44 PM #866
Report: Richard Bloch named Ilya Kovalchuk arbitrator - NHL Free Agency 2010
Originally Posted by KingFanMGM
"The hearing is expected to begin this coming Wednesday and Bloch should have a decision by the weekend."
edit: i wasn't talking about the ruling -- i was talking about the potential fallout after it.
Last edited by elburro; August 1st, 2010 at 03:51 PM.
August 3rd, 2010, 11:06 PM #867
I know this particular case will set future precedent for all others that will follow. There have been many scenarios thrown about in regards to what will happen if one ruling or another is made. Kovalchuk wins and so does the NHLPA, making way for more ridiculous deals. NHL wins and the bidding war starts all over for Kovalchuk's services. New Jersey IMHO loses no matter what, facing possible fines and losing face to the league. In the end the only winners are the fans. So many fans (including myself) have learned more about the inner workings of the hockey deal than in any other year since the lockout. Plus; hockey is in the news during the summer. Hopefully the decision made in this arbitration will end up being more important than where Kovalchuk ends up.
August 5th, 2010, 04:44 PM #868
Well the hearing is over...now we(well at least I) await the decision. I gotta think that if Bettmen had his way, if the NHL were to lose, he would want the announcement to be made on Friday so that it sort of gets absorbed by the weekend. Part of me is thinking that if it goes to Monday it's gonna be in favor of the NHL, but I am paranoid, so...
August 5th, 2010, 04:59 PM #869
Originally Posted by jerseydevil
August 5th, 2010, 05:37 PM #870
Really? Considering it was scheduled for today and yesterday and there is a 3 hour time difference, you can't just take my word for it???
Originally Posted by elburro
Here ya go.
Kovalchuk hearing wraps up