danaimo Posted July 11, 2013 Share Posted July 11, 2013 News is breaking that Ilya Kovalchuk is going to retire from NHL hockey and return to Russia. There is speculation that the Devils will allow him to do this and so that he will no longer be bound by his huge contract which then becomes null and void. He is free then to go to Russia, but if he wants to return to North America, he could do so under a new contract with a new team. If this is allowed to happen then there is nothing to stop Roberto Luongo and the Canucks from following suit. Also, if Kovalchuk is allowed to do this, the Canucks would definately have a greivance against the Devils having traded Scheider to them largely because of the enability to void the Luongo contract. Any thoughts? Link to comment Share on other sites More sharing options...
danaimo Posted July 11, 2013 Author Share Posted July 11, 2013 Apologies. Thread title should read "Contract Get Out for Luongo" Link to comment Share on other sites More sharing options...
MJDDawg Posted July 11, 2013 Share Posted July 11, 2013 Yeah they've been talking about this on the Team1040. Firstly I doubt the league wouldn't quickly try to retroactively close that loophole if it is indeed a loophole. Secondly, with the rumours over the years that his wife did not like living here as it was so far away from their family in Florida, I'd say the chances Gina would live in Minsk for a year are pretty slim. Link to comment Share on other sites More sharing options...
elvis15 Posted July 11, 2013 Share Posted July 11, 2013 I'm not sure you understand how it works. He's retired, not taking a break. He could still decide to come back, but then that doesn't absolve him or New Jersey of the previous deal they'd signed. It should be the same for Luongo, and we'd have a higher cap recapture penalty if he were to retire. There's also the issue of what it'd do to our goaltending depth, but hey, who's worried about that, eh? EDIT: It does look like they're voiding it now, but it's not a viable option for us to get out of Luongo's contract if he still wants to play. Link to comment Share on other sites More sharing options...
danaimo Posted July 11, 2013 Author Share Posted July 11, 2013 I wonder whether anyone in the NHL has the stones to retro -actively close this loophole given that it was Kovi and the Devils that got dinged last time the NHL decided to rewrite the CBA on the fly. Link to comment Share on other sites More sharing options...
ABNuck Posted July 11, 2013 Share Posted July 11, 2013 News is breaking that Ilya Kovalchuk is going to retire from NHL hockey and return to Russia. There is speculation that the Devils will allow him to do this and so that he will no longer be bound by his huge contract which then becomes null and void. He is free then to go to Russia, but if he wants to return to North America, he could do so under a new contract with a new team. If this is allowed to happen then there is nothing to stop Roberto Luongo and the Canucks from following suit. Also, if Kovalchuk is allowed to do this, the Canucks would definately have a greivance against the Devils having traded Scheider to them largely because of the enability to void the Luongo contract. Any thoughts? Link to comment Share on other sites More sharing options...
Xbox Posted July 11, 2013 Share Posted July 11, 2013 Apologies. Thread title should read "Contract Get Out for Luongo" Link to comment Share on other sites More sharing options...
apollo Posted July 11, 2013 Share Posted July 11, 2013 Luongo 5.3 > rask Rinne lund at 7+ Luongo is a Phenom Link to comment Share on other sites More sharing options...
TOMapleLaughs Posted July 11, 2013 Share Posted July 11, 2013 Probably no KHL interest in Luongo and vice-versa. Link to comment Share on other sites More sharing options...
apollo Posted July 11, 2013 Share Posted July 11, 2013 Probably no KHL interest in Luongo and vice-versa. Link to comment Share on other sites More sharing options...
nuck nit Posted July 11, 2013 Share Posted July 11, 2013 If there is a legal way out of this mess Luo is ready to go in that direction. Gillis has to provide the man with a definitive date out of here to see him back. Luo would do himself and family a favour by playing in Italy somewhere for a season. Link to comment Share on other sites More sharing options...
Boudrias Posted July 11, 2013 Share Posted July 11, 2013 If Kovi retires the Devils are still hit in their CAP limit. It is no dif than the conversations about Lou retiring before his contract is up. The CAP hit is still there. Hopping to the KHL is a no go either has the two leagues respect their contracts. Link to comment Share on other sites More sharing options...
apollo Posted July 11, 2013 Share Posted July 11, 2013 If there is a legal way out of this mess Luo is ready to go in that direction. Gillis has to provide the man with a definitive date out of here to see him back. Luo would do himself and family a favour by playing in Italy somewhere for a season. Link to comment Share on other sites More sharing options...
Watermelon Posted July 11, 2013 Share Posted July 11, 2013 In Italy? Wtf r u smoking this guy is an elite goaltender. Other than brodeur no one has dominated like he has over the past twelve years. Give ur head a shake. His cap hit of 5.3 is great. Link to comment Share on other sites More sharing options...
LindenBurrows Posted July 11, 2013 Share Posted July 11, 2013 In Italy? Wtf r u smoking this guy is an elite goaltender. Other than brodeur no one has dominated like he has over the past twelve years. Give ur head a shake. His cap hit of 5.3 is great. Link to comment Share on other sites More sharing options...
LindenBurrows Posted July 11, 2013 Share Posted July 11, 2013 I find it uncomfortable to shake my head Link to comment Share on other sites More sharing options...
FireGillis Posted July 11, 2013 Share Posted July 11, 2013 If Kovi retires the Devils are still hit in their CAP limit. It is no dif than the conversations about Lou retiring before his contract is up. The CAP hit is still there. Hopping to the KHL is a no go either has the two leagues respect their contracts. Link to comment Share on other sites More sharing options...
BCNeil Posted July 11, 2013 Share Posted July 11, 2013 So Roberto will willingly walk away from the money left on his contract to go live in Russia? Ultimately making 10s of million less over the remainder of his career. Kovalchuk will make more money. He will be able to surpass that $77 he is walking away from, especially in russia where the rich don't really pay tax. Link to comment Share on other sites More sharing options...
Plum Posted July 11, 2013 Share Posted July 11, 2013 In Italy? Wtf r u smoking this guy is an elite goaltender. Other than brodeur no one has dominated like he has over the past twelve years. Give ur head a shake. His cap hit of 5.3 is great. Link to comment Share on other sites More sharing options...
apollo Posted July 11, 2013 Share Posted July 11, 2013 Rask standing on his head in the playoffs? Quick last year? Where have you been? Luongo isn't a top 5 best goalie anymore... 1.Bobrovsky 2.Rask 3.Lundquivst 4.Niemi 5.Schneider,Quick,Anderson,Howard Link to comment Share on other sites More sharing options...
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