Note to NHL GMs: This Is Getting out of Hand

July 21st, 2010 by FootBasket Leave a reply »
Written by's Columnist, Chris Ross

If you have ever wondered what it is like to run a circus, you can just ask NHL commissioner Gary Bettman.

Since the implementation of the hard cap in the NHL, teams have started giving contracts that are almost as crazy as an elephant on the high wire. These outrageously long contracts are being given to players with the benefit of having a lower cap hit, albeit for a longer period of time. Having a cap in the NHL is a great thing, but the ringmasters of this operation are soon going to be sorry for their short-sightedness.

Lou Lamoriello, who is known as one of the most shrewd general managers in the NHL, did something very un-Lou like yesterday by signing Ilya Kovalchuk to a massive 17 year contract worth approximately $102 million. Kovalchuk, who was probably the most sought after free agent this offseason, had been rumoured to be close to a long term deal with the LA Kings a couple of times. It was also reported that he had turned down a 10 year $100 million contract extension last year from the Atlanta Thrashers.

Are you kidding me? Kovalchuk is a point a game guy who ...

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