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Report: NHL may fine the Devils over Kovalchuk contract - ProHockeyTalk - Hockey - NBC Sports
The strange and unprecedented journey that is the Ilya Kovalchuk story continues to take some more strange turns. Mark Everson of the New York Post reports today that the NHL may be considering taking action against the Devils and Ilya Kovalchuk for their potentially cap circumventing contract. A league source said the NHL is not threatening, but also not dismissing the possibility that the Devils might be liable for a fine of at least $1 million. The fine could go up to $5 million should an arbitrator finds that their $102 million, 17-year contract is indeed a circumvention of the collective bargaining agreement. In addition, Kovalchuk himself conceivably could be liable to a fine between $250G and $1 million.