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07-11-2013, 03:41 PM #1
Ilya Kovalchuk Just Retired from the NHL
He's only 30 years old.
He has 12 years remaining on that cap-circumventing contract he signed a couple years back.
More from TSN: http://www.tsn.ca/nhl/story/?id=427507
"After many conversations with Ilya over the past year on his desire to retire from the National Hockey League, Ilya's decision became official today," said general manager Lou Lamoriello in a statement.
"On behalf of the entire organization, I wish Ilya and his family all the best in their future endeavors."
Kovalchuk played 11 seasons in the NHL, including the last four with New Jersey. He retires with career NHL totals of 417 goals and 399 assists for 816 points with 516 penalty minutes in 816 games.
He added 11 goals and 16 assists in 32 career playoff games. Kovalchuk scored 89 goals and 112 assists for 201 points in 222 games, while adding eight goals and 11 assists in 23 playoff games with the Devils. He was traded to New Jersey by Atlanta on February 4, 2010. He was Atlanta's first choice, and the first overall selection in the 2001 NHL Entry Draft.
He represented Russia at three Olympic Winter Games, nine World Championships, one World Junior Championship and the 2004 World Cup.
07-11-2013, 03:47 PM #2
07-11-2013, 03:49 PM #3
They just added this blurb:
"This decision was something I have thought about for a long time going back to the lockout and spending the year in Russia," said Kovalchuk in a team statement. "Though I decided to return this past season, Lou was aware of my desire to go back home and have my family there with me. The most difficult thing for me is to leave the New Jersey Devils, a great organization that I have a lot of respect for, and our fans that have been great to me."
07-11-2013, 03:50 PM #4
-_- x's 10000000
I'm a little ticked from a hobby standpoint. But i will still go on to collect him and my want list of him still stands because I do like him as a player and I like to finish what I start. But at the same time i am extremely disappointed. Even though i collect him and planned on never reselling his cards anyway, no one wants to know that their money spent was just devalued by %90 At the end of the day there is nothing i can do, hes a human being and if he wants to go back home with his family then thats his decision. Best of luck Kovy, i enjoyed watching you all these years.
Now i feel bad for my NJ Devils =(
Last edited by redwingsfan11; 07-11-2013 at 03:57 PM.PHOTOBUCKET:Hidden Content
ZETTERBERG ROOKIE AUTO PROGRESS: 16/22= 73%
KOVALCHUK ROOKIE AUTO PROGRESS: 12/23 = 57%
KOPITAR ROOKIE AUTO PROGRESS: 13/33 = 40%
07-11-2013, 03:54 PM #5
07-11-2013, 04:04 PM #6
There are going to be major consequences for the Devils because of this.
The team must forfeit its first-round draft choice in next year's draft. The odds of this selection being a lottery pick just increased dramatically.
The Devils will face a $250K salary cap penalty every year until 2024-25, due to the salary cap benefit recapture mechanism that applies to all long-term back-diving contracts.
By announcing this now, instead of a week ago, the Devils lost their captain David Clarkson to free agency because they couldn't afford him.
In many ways, this contract is the ultimate poison pill for Lamoriello and the Devils.
07-11-2013, 04:18 PM #7
I think I can say from all us Kings fans that this is hilarious!
07-11-2013, 04:46 PM #8
I bet he comes back. Two thoughts about this for me is first, how can you give up on your team and just walk away? But also props to the man for choosing family over money (even though he will still get a good chunk of it). Pretty funny though.Looking for Nick Leddy, Duncan Keith, Ryan Dempster, Jay Cutler
eBay value is actual value. The only reason Beckett exists is to make money by selling magazines.
Bucket: Hidden Content
07-11-2013, 04:54 PM #9
07-11-2013, 04:59 PM #10
he did it because he'll be getting more money (tax-free) in Russia... by retiring, and filing the papers, he is no longer under contract with the Devils and would be able to sign in Russia
Also, he was due to make 11.3 Million this season, and would have to pay an effective tax rate of nearly 40% (over 4 million dollars). If he makes $8 tax free in Russia, he is making more money!If you have unwanted cards you are looking to purge, please consider a donation to my family's mission in helping to find a cure for Olivia's disorder Diamond Blackfan Anemia. Cards donated will be sold on eBay, COMC or locally in the Buffalo/Niagara area to support the Hidden Content .
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