Most unrealistic contract goes too...

[BaseballUmp]

Ilya Kovalchuk is staying with the New Jersey Devils.

Kovalchuk has signed a 17-year deal which could top $150 million, a source told ESPN.com's Scott Burnside.



ESPN (http://sports.espn.go.com/new-york/nhl/news/story?id=5392170)


How can any realistically imagine signing a 17 year contract in a full contact sport like hockey...

[bobcat4life]

wow lol

[crzyjournalist03]

Expect this issue to be resolved in the next NHL CBA. Under the current rules, teams can front-load deals and then spread out the years to lower the impact of the salary cap figure. It's becoming a bigger and bigger issue, and this is just the icing on the cake.

[BaseballUmp]

And the NHL has reportedly rejected the contract


NEWARK, N.J. -- The NHL is rejecting Ilya Kovalchuk's 17-year, $102 million contract with the New Jersey Devils because it circumvents the league's salary cap, multiple sources told ESPN.com's Scott Burnside.

Just one day after Kovalchuk and the Devils came to an agreement on the longest contract in NHL history, the league determined that it was illegal, a person familiar with the issues raised told The Associated Press on condition of anonymity because the NHL hadn't made a formal announcement.

Ilya Kovalchuck's 17-year, $102-million deal with the Devils is hardly the first front-loaded deal signed in the NHL recently.


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.


ESPN (http://sports.espn.go.com/new-york/nhl/news/story?id=5396861)