NHL extends deadline on Kovalchuk deal

Hockey Betting Lines

09/01/2010 -

NEW YORK (AP) -The NHL has extended its deadline to Friday for approving Ilya Kovalchuk's $100 million, 15-year contract with the New Jersey Devils.

The league and the NHL Players' Association announced the new deadline Wednesday.

The NHL has already rejected a front-loaded, 17-year deal valued at $102 million because the structure of the deal would have circumvented the league's salary cap. An independent arbitrator upheld that decision.

The Devils and Kovalchuk submitted the new contract to the league last Friday.Copyright © 2005 The Associated Press. All rights reserved. The information contained in the AP News report may not be published, broadcast, rewritten or redistributed without the prior written authority of The Associated Press.

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