lol just came to the realization that $3M is a gargantuan fine! here we are complaining about draft picks.....the owner must be livid
also from tsn:
They Devils do have the right to appeal the punishment to the NHL's board of governors, who meet Tuesday in New York but it is not yet known if the they will challenge the penalties. Devils CEO, President and General Manager Lou Lamoriello responded to the League's statement with one of his own later on Monday.
"We were today advised of the ruling by the commissioner with respect to the Kovalchuk matter. We disagree with the decision. We acted in good faith and did nothing wrong. We will have no further comment."
While the Devils are undoubtedly happy to finally put an end to the saga, the price that they had to pay to originally acquire, then re-sign the Russian sniper was incredibly high.
New Jersey originally obtained Kovalchuk along with Anssi Salmela and a 2nd-round draft pick in 2010 prior to the NHL's Trade Deadline in exchange for forward Niclas Bergfors, defenceman Johnny Oduya, prospect Patrice Cormier as well as a first-round and second-round draft pick in 2010. They then re-signed the former Rocket Richard Trophy winner to a 15-year contract worth $100 million. Along with the contract, the fine and the draft picks lost, the Devils will also likely be forced to shed an additional veteran player in an effort to get under the League's mandated salary cap.