Kovy Re-Signing With The Devils



TSN reports that Ilya Kovalchuk is "on the verge" of signing a 7 year $60 million contract with the New Jersey Devils soon.

TSN Report

Although NJ Devils General Manager Lou Lamoriello tells Rick Chere of the Star-Ledger that "everything is status quo." and "there is nothing new today." 

First, if the TSN report is true what does it mean for the Penguins, The Atlantic Division and The Eastern Conference?

Second, what does it mean for Zach Parise who's 4 year deal ends at the end of 2010-2011 season? Will the Devils re-sign him? Can the Devils re-sign him.

In my opinion Zach Parise is the face of the New Jersey Devils and the future captain of the Devils. But, if they do sign Kovalchuk as well as signing Anton Volchenkov for S4.2 million and Henrik Tallinder for S3.4 million this offseason. As well as Travis Zajac for $3.8 million , Dainius Zubrus for $3.4 million, Patrik Elias for $6 million and David Clarkson for $2.6 million for the next 3 seasons. Not to mention Martin Brodeur, Brian Rolston and Jason Arnott for $5.2, $5 and $4.5 million respectively. Johan Hedberg is making $1.5 million just for this season to play 8 to 12 games at best and Jamie Langenbrunner is making $2.8 million. Although Arnott, Langenbrunner and Hedberg will make thier money for just this season. That’d be at least $8.8 million for 3-5 spots to fill on the roster.


NJ Devils Salary Cap

What will the Devils do? Parise is a Restricted Free Agent but his 3.1 million salary should and most likely will increase. This isn't including Andy Greene who is also going to be a Restricted Free Agent after the 2010-2011 season and now that Paul Martin is gone, he is their best puck moving defensemen who is making $737,500 in 2010-2011.

As a Pens fan, the possibility of the Devils not being able to re-sign Parise is priceless, but again I believe he is the face of their team with or without Brodeur. Kovalchuk will most likely be the highest paid New Jersey Devil with this deal. Is Kovalchuk worthy of this deal? The better question is he worth more than Parise?

The content expressed in fanposts does not necessarily reflect the opinions of the staff here at FanPosts are opinions expressed by fans of various teams throughout the league but may be more Pittsburgh-centric for obvious reasons.

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