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[TRADE] Kovalchuk to WSH


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10 hours ago, qwijibo said:

Well. First of all it was New Jersey. Not Atlanta.  He signed a 15 year front loaded $100m deal in 2010. He decided to leave the NHL in 2013 to go play in the KHL. Jersey terminated his contract for breach. They got hit with a recapture penalty because of the structure of the contract.  Kovalchuk probably ended up doing them a favour by leaving when he did. His contract would have run through 24/25 and if he had stayed and then retired early they would have been hit with a massive recapture penalty instead of the small one they got. 

The NJD were probably hemorrhaging money during that time too.  

I don't think they were necessarily too unhappy with him leaving.

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