AfterÂ months of political manoeuvring and speculation... and pending ratification, Donald Fehr appears primed to formally take office as the Executive Director of the NHLPA with the Ilya Kovalchuk saga providing an appropriate backdrop. Despite having earlier dismissed himself as a candidate for the role, the former MLBPA hardliner is now expected to spearhead the players union through the next series of collective bargaining negotiations in 2012.
Either a spectre to be feared, or a challenge to be relished for NHL commissioner Gary Bettman, one wonders if the league office wishes it had treated the ailing NHLPA with kid gloves following the late, late night coup that saw former figurehead Paul Kelly overthrown in August 2009.
*Warning:Â More analysis and opinionÂ concerning the Kovalchuk decision. For those who want to talk hockey, as opposed to the now perpetual indiscretions of the league office etc. Alex has a post beneath.
When Richard Bloch decided to rule in the favour of the NHL in the case of Ilya Kovalchuk and the ridiculous contract, he set in place a new precedent that the league hope will stem the flow of cap-circumventing front loaded contracts. In lieu of a concrete definition, the cover-all bases nature of Blochâ€™s ruling was expected to draw a line under the types of long, frontloaded contracts the NHL saw as detrimental to the spirit of equality the CBA and its salary cap was supposed to theoretically harbour.
If leaked reports are to be believed the NHLPA is preparing to file a grievance pertaining to the NHLâ€™s rejection of the unprecedented 17 year, $102 million contract filed last week by the New Jersey Devils for Russian forward Ilya Kovalchuk. The report suggests that even if the Devils and Kovalchuk can agree on a restructured deal, the NHLPA may still decide to file a grievance in a preventative effort for future contracts.
The latter part is particularly significant for those who have been viewing the leagues rejection of the initial contract as an act of political posturing in the face of the PAâ€™s on-going power struggle and an attempt at drawing a line in the sand.
Even with news breaking this afternoon of Ilya Kovalchuk's new $60 million contract extension (potentially) with the New Jersey Devils, this 2010 free agency period has been one of the most uneventful and slow-developing offseasons in recent memory. The reason being? Despite a mediocre at best free agent group, there simply isn't enough money to pay these guys what they're probably worth. As one unnamed NHL General Manager put it last week: "The teams with cap don't have cash and the teams with cash don't have cap". The Maple Leafs however, are fortunate enough to have both, and have the opportunity to exploit the market to their advantage. [more…]
Kicking off the week with another update on a whole lot of nothing around the NHL: The Leafs get ripped in ESPN's Ultimate Team Standings, P.J. Axelsson signs with Frolunda, CBS Sports assigns offseason grades for the Northeast Division, and Kaberle bought out?
- Update #1: Rumors of a Calgary -Toronto trade involving Anton Stralman.
- Update #2: RDS confirms it. Stralman and Stuart to Calgary for Wayne Primeau.What the heck?
When it comes to trade rumours, generally the first thing we look at is the salary cap, and how much cap space the teams in question have available.Â But how important is the cap, in order for potential trades to become reality?
Just six months ago many a grapevine was carrying rumor of NHL expansion while I lamented the integrity of a revenue bound salary cap. Even into the new season few had foreseen the sheer gravity of the global economic downturn and its impact on jobs, housing, businesses and every facet of life down to sport. Now as international markets stutter into a depression that many an analyst believe could change the face of modern capitalism forever, the NHL seems to remain steadfast in addressing itâ€™s minor successes as opposed to itâ€™s crippling and potentially devastating financial model.