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More on the Front-Loaded contract investigation … Sharks offering Clowe and 1st for Kaberle? Phillips and Sens talking extension

Mark Easson 08/12/2010
5 Min Read
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  • Helene Elliott via twitter: She thinks the Kings are figuring Kovalchuk and the Devils will rework their deal.
  • Dmitry Chesnokov via twitter: Kovalchuk’s agent hasn’t discussed the KHL with him. SKA wants Kovalchuk to let them know what he wants. His Russian agent has said that SKA has 1 to 8 year offers, and an “up to you” offer where Kovalchuk picks the terms.
  • Tim Panaccio via twitter: Chris Pronger won’t be ready for training camp, and may be ready for the season opener, his knee has atrophy.
  • Jason Botchford of the Vancouver Province: The NHL has been investigating Roberto Luongo’s contract for a year, they only “conditionally” approved it. The League wasn’t happy with the Canucks and they would checking in to see if the Canucks were attempting to circumvent the salary cap. The investigation has no timelines, and is on-going. The Canucks were told to take the last 2 years off the contract, making it a 10-year, $64 million deal. That would make the new salary cap number $6.4 million instead of $5.3 million. If they did that, the Leauge would give the deal their blessing. The NHL wanted all emails, paperwork, voice mails, etc. and interviewed GM Gillis and their cap expert. It’s believed that Pronger and Hossa had the same investigation, the players have not cooperated. Nothing may happen to the Luongo contract, as they’ve finished the investigative work and nothing has been done. Also, Luongo’s deal never pays less that $1 million.
  • Tim Panaccio of CSNPhilly: Chris Pronger’s 7 year, $34.45 million contract will continue to be investigated despite going into effect July 1st. Bill Daly wrote, “No timetable and no deadline. Yes, the contract can be de-registered in the event a circumvention is found. Nothing is different than before Kovalchuk ruling.” Peter Luukko, the Flyers president, stands behind the deal, and thinks it doesn’t hold relevance to Kovalchuk’s contract.
  • Damian Cristodero of the St. Petersberg Times: Bill Daly says the NHL doesn’t have any problems with Vincent Lecavalier’s 11 year contract, that pays him an average of $7.727. It is front loaded, but not to the extent of some of the others, and only takes him to the age of 39.
  • NHL Sources Say via twitter: Teams interested in Kaberle are the Bruins, Stars, Kings, Devils, Sharks and Lightning. Sharks offering Clowe and 1st round pick, Burke not interested in draft picks. (The 27-year old Clowe has a cap hit of $3.625 million for the next 3 years. If this offer for Kaberle is true, it might be one that Burke has to consider).
  • Nicholas Cotsonika of Yahoo! Sports: “The deadline is Sunday, and I don’t expect to see anyone’s best cards until probably Friday,” Burke said. “That being said, the offers improved dramatically over the weekend. We’re at a double-digit number of teams that are in. Unilaterally, without any phone calls from us, two teams dramatically improved their offer over the weekend. It’s going the way I thought it would go.”
  • Bruce Garrioch of the Ottawa Sun: The Ottawa Senators and Chris Phillips are talking contract extension. Phillips would be a UFA next summer.
  • Jim Gintonio via twitter: The Phoenix Coyotes continue to negotiate with both Lee Stempniak and Martin Hanzel, though nothing is iminant with either.
  • Dmitry Chesnokov via twitter: Vladimir Tarasenko, a St. Louis Blues 2010 1st round pick (16th overall), is close to signing a deal with Sibir of the KHL. Chesnokov has said in the past that he would be staying in Russia for at least another year, despite other reports.
  • RDS: Reporting that Eric Belanger has signed a 1 year deal with someone, but can’t disclose who just yet. Yesterday there were reports that it could be the Maple Leafs, but other said that was not the case. James Mirtle via twitter says Belanger is not signing with the Leafs. NHLSourcesSay via twitter: Deal not being announced as the team is preparing a trade that impacts the salary cap.
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TAGGED:Chris PhillipsChris ProngerIlya KovalchukLee StempniakLos Angeles KingsMartin HanzelNew Jersey DevilsOttawa SenatorsPhiladelphia FlyersPhoenix CoyotesRoberto LuongoRyan CloweSan Jose SharksSt. Louis BluesTampa Bay LightningTomas KaberleToronto Maple LeafsVancouver CanucksVincent LecavalierVladimir Tarasenko

Offer Sheet Compensation

<$1.54M no comp
$1.54M – $2.34M: 3rd
$2.34M – $4.68M: 2nd
$4.68M – $7.02M: 1st, 3rd
$7.02M – $9.36M: 1st, 2nd, 3rd
$9.36M – $11.7M: 1st, 1st, 2nd, 3rd
$11.7M+: 1st, 1st, 1st, 1st,

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