Hey Thrasherville, It’s five o’clock somewhere so…

At 5:00 this afternoon, so we’ve been told, we’re finally going to hear from the league office regarding the latest chapter of this summer’s saga, “As The Kovalchuk Turns”. If the revamped contract is accepted, then it will all finally come to a merciful end. If not, it will just seem like another one of the Thousand Steps To Nowhere in this drawn out fiasco.

Why was there a delay in the announcement? Well, to hear Larry Brooks of the New York Post tell it, it’s because the NHL has given the players union somewhat of an ultimatum. They’ll agree to “grandfather” in the contracts of not only Kovalchuk, but also those of Roberto Luongo and Marian Hossa. Both Luongo and Hossa will be entering into the second season under their deals. In return, the league wants to amend the current CBA to change how salaries affect the cap, specifically for those that take the player past the age of 40.

If the NHLPA refuses to show An Attitude Of Gratitude and rejects the offer, then the league return the favor by not only rejecting Kovy’s contract, but they’ll also move to devoid Luongo’s and begin a formal investigation of Hossa’s.

For What It’s Worth, there have been reports that the NHLPA denies any such ultimatum was given to them. As Puck Daddy’s Greg Wyshynski puts it…”Ah, the subtle nuance between “ultimatum’ and ‘strongly suggested’. We saw it every week on ‘The Sopranos’”.

Well, it is New Jersey, after all.

Whichever way it is, when 5:00 rolls around we’ll know.

Maybe…

Hopefully…

We’ll see…

But ya know what else happens at 5:00 pm today? Millions of Americans will spew forth from their places of work to begin their long Labor Day weekend…the traditional end of the summer vacation season.

But heck, as the old song goes, it’s Five O’clock Somewhere, so I say…unlike the NHL in regards to Kovy’s contract decision… why wait? Why not just go on and kick this holiday weekend off right now. Your License To Chill is officially activated now, so feel free to turn Thrasherville into Margaritaville. Just be careful not to step on any pop-tops.

Go on…have a good time. After all, if we couldn’t laugh we would all go insane.

Many will use this long weekend to visit family or just sneak in one last one last trip to the beach before autumn chills the air. Others will stay home and finish off the summer season with a nice backyard grilling sessions, enjoying a Cheeseburger In Paradise. And I’m sure some will be dealing with some sort of Honey Do list, given you have an extra weekend day to finish whatever project(s) she has you working on.

More than a few, I’m sure, will spend the weekend performing their own brand of Barstool Boogie starting tonight, will continue Defying Gravity through Saturday and into Sunday, then Come Monday…well, it’ll be alright. If you choose to indulge at a public establishment, I certainly hope you don’t wind up in a place with 10,000 Seats And One Bathroom.

Regardless, let’s just make sure that you don’t withdrawal too much from your Bank Of Bad Habits. If you do feel that you have A Lot To Drink About, please be responsible. Be Young, Be Foolish, Be Happy…but also be safe.

Now, for those of you who may be heading towards the Coast Of Carolina, or even further to the northeast, be aware that Earl is already in the process of creating some havoc there. You could find yourself Surfing In A Hurricane.

If you're making a last run to the beach, drive safely and have a great Labor Day weekend. Remember the sunscreen thought

If you're making a last run to the beach, drive safely and have a great Labor Day weekend. Remember the sunscreen thought

Around Thrasherville however, I don’t think the weekend forecast includes even A Little Bit Of Rain.

If your heading the opposite way…say to south Florida to check out all of the Beautiful Swimmers…things should be better as you visit your cousins down there. I mean, Everybody’s Got A Cousin In Miami, right?

I’ll leave this blog current for the weekend’s discussion of Thrashers hockey and all things Kovy. But don’t worry, you won’t be Abandoned On Tuesday as I’ll be back with a new entry. Until then… wherever it is you may go to acquire your Changes In Attitudes – Changes In Latitudes, I hope you all have a great Labor Day weekend.

158 comments Add your comment

OmniFan

September 3rd, 2010
5:36 pm

So with Kovy at the Rock for life, Lou Lam will need to dump 5 million in salary- open season on the Devils’ roster. Start the clock on the Deal Watch.

Hokie P. Clisters

September 3rd, 2010
5:41 pm

I was hoping to post before 5 o’clock but I’m stuck way down yonder on the Chattahoochie.

kracker

September 3rd, 2010
7:41 pm

It ain’t over till the Fat Devil Lady sings.

Deadline for Kovalchuk ruling now extended until 8 p.m. ET tonight.

Midfield

September 3rd, 2010
8:03 pm

Brendan, unfortunately, paraphrasing Seinfield character, Jay Grossman wins again. Because Jay is a winner. And Don is a loser. Jay will always be a winner. And Don will always be a loser.

kracker

September 3rd, 2010
9:06 pm

LOL…another deadline.

drosennhl Nothing official yet. Deadline now 10 p.m.

kracker

September 3rd, 2010
9:10 pm

Thanks, Brendan. That is a real nice house Comrie and Hiliary Duff have. I guess we know where their money will be going, or a good chunk of it.

Rawhide

September 3rd, 2010
9:36 pm

TSN and AP are reporting the deal is done. According to the story, the NHL approves the 15-year, $100 million contract which will create an annual $6.67 mil cap hit for te Devils. New Jersey is now about $3 mil over the cap with only 21 players under contract.

The Devils will need to clear at least $5 million from their payroll to get at least 23 players on the roster and get under the cap.

js

September 3rd, 2010
11:24 pm

Kovy signs and no one has anything to say? pardon the pun, but did hell freeze over?

kracker

September 3rd, 2010
11:29 pm

Kovy signed?? yawn….

Hokie P. Clisters

September 4th, 2010
12:10 am

Mr. Rawhides,

I’m confused…………now when the caps come to Atlanta to play will it be Washington or NJ? I wonder who NJ is going to turn loose or move to make this work?

Brendan

September 4th, 2010
12:29 am

Here’s the “new” agreement. http://tsn.ca/nhl/story/?id=332542. Ummn, help me to understand what really has changed?? I’m honestly lost.

First: For long-term contracts extending beyond the age of 40, the contract’s average annual value for the years up to and including 40, are calculated by dividing total value in those years by the number of years up to and including 40. Then for the years covering ages 41 and beyond, the cap charge in each year is equal to the value of the contract in that year.

Woweeeee. That sure fixed the “fraud” that is cap circumvention, eh?? So, some RFA, like Tavares, gets a 20-year deal at age 21 or 22. Let’s just say at age 22. From age 22-40, it’s the same “legal” salary circumvention, as ALWAYS. What got FIXED? We waited ALLL SUMMER LONG to fix the “loophole” in the CBA, and this is the result?? So, Tavares gets a 20 year deal, for $121,050 million, let’s just say. Well, the first 18 of those 20 years are the VERY SAME dollar cost averaging non-sense that previously existed. So, the Islanders can “front load” that deal, as much as they want. Pay him $14 million for the first couple of years. They’d pay the VERY SAME cap hit the Devils are for Kovy, truly the mark of the Devil at $6.66 million. How do you figure? Well, if in the final two years, Tavares’ new contract is $525,000-a-year, (ages 41 and 42, years 19 and 20 of the contract) then the remaining $120 million gets divided by 18 years. Sound familiar? It’s the Hossa deal. It’s the Luongo deal. It’s, well, the Kovalchuk deal. We WASTED the whole summer to fix the loophole that existed, for this??? This fixed NOTHING!! Oooooh, it’s pretty scaaaary to have to pay the FULL-ON VALUE of $525,000, in the Year 2022, if you’re the NY Islanders, or whomever re-signs Tavares. What’s that in today’s dollars? A cup of coffee and a doughnut, with maybe a scone or two throw in? Woweeeee. What a DETERRENT. Fiscal Responsibility will surely follow from this decision. This will sure stop GM’s from making Briere-like contracts. Or Brian Campbell-like contracts. Or Hossa-like contracts. Oy gavult. In the immortal words of tennis great John McEnroe, “You CANNOT be serious.”

Okay, let’s see what Part II is. Maybe some common-sense can be found here, let’s hope. Secondly, for long-term contracts that include years in which the player is 36, 37, 38, 39 and 40; the amount used for purposes of calculating his average annual value is a minimum of $1 million in each of those years (even if his actual compensation is less during those seasons).

Ummn, okay. How does this stop the 15-year deals that are crippling the league? This just sets some MINIMUM cap hit for a player aged 36-40. So what? Was this ever a burning issue that needed to be corrected? They’re citing some example of a 32-year old who signs a 7-year deal, that expires when he turns 39. But the final two years of the deal, he was set to only make $525,000, contractually. Well, the NHL is saying, “Sorry, but those last two years have to count as $1 million, cap-wise, because the player was 36, 37, 38, or 39 years of age at the time he was set to make that money.” Well gee, we sure do want to discourage “league minimum” contracts for 36-40 year olds. What purpose does this rule serve? If some player is 32 and a GM wants to “Hossa/Kovalchuk him” with dollar cost averaging, with “fraud” at the end of the deal, to the tune of $525,000, it’s gonna have to hit their cap for $1 million in those years. How and why would the 1st rule not apply? Remember, anything under 40, as I understand it, would be “dollar cost averaged” anyway.

Let’s say some GM wanted to offer Todd White a brand new contract at the end of the season, when White is 36. And it’s a 4-year deal. And let’s say it’s $6 million for 4-years. It’s still going to be a $1.5 million cap hit. This rule would not apply to such a deal, as I understand it. But let’s the change the Todd White example, and say that some GM instead wants to offer the Milk Carton a six-year deal, paying him until he’s 42, for $4 million. That would normally be a cap hit of $666,667 dollars. What the NHL’s new agreement would do that deal is as follows. Despite paying White only $666,667, the cap hit would be $1 million, because White was 36, 37, 38, 39, and 40 during the time he was playing his new contract. But for years 41 and 42, the Team’s cap would pay him whatever the ACTUAL SALARY was for those years. Maybe that’s $666,667 dollars or maybe it’s substantively less than that. Maybe it’s only $200,000. But what’s the point of making this poor, unfortunate schlub of a GM have to suffer a $1 million cap hit for Todd White, anway? Is the answer really, “To discourage GM’s from offering Todd White a contract, knowing this will be the penalty for doing so?” Okay, I hear ya. It’s to prevent GM’s from doing less than $1.0 million in salary to players who have reached this age. Was this really the problem the NHL was facing? We had WAYYYY TOO MANY players being paid LESS than $1 million-a-year at age 36, 37, 38, 39, and 40??? I hardly think so. This provision makes no sense.

R. Stroz

September 4th, 2010
8:34 am

So Kovy, Grossman, and Lou and worked out a deal where Kovy’s cap hit is essentially 6.66 million.

That says it all doesn’t it. A 6.66 million cap hit to play for the Devils.

Joe Friday

September 4th, 2010
12:01 pm

Sweet Lou wins, again

World Be Free

September 4th, 2010
4:26 pm

Soma-you need the moped too.
Lou did win, as long as the league does not make him pay by taking away cap space, or fine him a couple mill. Lost alotta respect for Lou.

GT_Thrasherfan

September 4th, 2010
6:06 pm

Well well we have a Mike Hoffman sighting in the EIHL (England’s inaugural season). Fight #1 for the league, guess who’s making an appearance? http://www.hockeyfights.com/fights/96535

js

September 4th, 2010
8:17 pm

Fredik Modin? Is there anything left? I hope so. It would be nice to have him teach the young guys what it takes to win the cup.

World Be Free

September 4th, 2010
8:31 pm

I like Freddie Modin, nice signing. This isn’t a top 6 forward, good depth signing.

The Stanley Cup

September 4th, 2010
10:16 pm

Freddie Modin? I’m yours, Atlanta.

Joe Friday

September 4th, 2010
11:00 pm

Morin? This years steve rucchin? Oy vay

Brendan

September 4th, 2010
11:39 pm

Joe Friday, indeed. This is the sickly smell of Waddell, still NOT FIRED.

Alan R.

September 5th, 2010
1:10 am

This is the sickly smell of Waddell

Modin won the cup in TB. Modin was also there during Dudley’s tenure there.

Think about it. No, really. Think.

Cornbread

September 5th, 2010
3:16 am

I don’t recall the fans being this resistant to bringing injury prone Afinogenov on board last year. Modin is a proven point producer, winner, and leader. If he can get to 20-20 as a second or third line wing he’s more than worth it. The team needs a veteran up front who was born in the ’70’s and will see some ice time.

The leadirship from the Captain along with Max, Kozlov, Hedberg, and Kubina are gone. This is filling a big hole.

Rhythmpenguin

September 5th, 2010
8:45 am

As far as veteran experience and leadership goes we have Mason, Bolts, Pevs, Antorpov, Slater, Thorburn, Hainsey, Oduya, and Sopel. Then there are Rissmiller, Siklenka, Myer, and Sifers who have a chance at making the team. All these guys are over 27, which I think is enough experience to qualify as veterans (at least to all of our younger guys).

Sara

September 5th, 2010
9:26 am

Brendan – actually that new contract rule would make a noticeable impact if it were retroactively applied. I’ll use Hossa’s contract as an example:

Actual cap hit = $5.23M for 12 years

Under new rules:

Cap hit through 2018-2019 season = $6.13M
Cap hit for 2019-2020/2020-2021 = $750,000

The Blackhawks would lose nearly a million a year in cap space for most of Hossa’s contract. And should Hossa conveniently retire at/after 40, there will be minimal cap relief.

Under the new rules now, Kovy’s average cap hit through the 2022-2023 season would be $8.27M, with cap hits of $1M, $1M, $3M, and $4M for the last four seasons respectively.

Bottomline, there isn’t going to be as much cap relief under the new rules if a team front-loads a large contract that runs a player beyond 40, nor will they see much cap relief if the player retires prior to the end of the contract unless they pad those last couple of seasons like the Devils did.

Sara

September 5th, 2010
9:40 am

A few more examples:

Zetterberg – current cap hit $6.083M; under new rules $6.55M
Franzen – $3.955M; $4.25M
Luongo – $5.333M; $6.71M
Pronger – $4.921M, $6.68M

R. Stroz

September 5th, 2010
9:42 am

With regards to the individuals (Kovy, Groossman, and Lou) and the team (Devils) involved in Kovy’s new contract, it’s just too ironic that the cap hit is 6.66 million.

Kovy, you now have the mark of the beast and the colors to prove it.

Red Light

September 5th, 2010
9:45 am

Modin 20 goals and 28 assists in his last 117 games after two seasons in which he scored 53 goals and added 43 assists in 156 games. His list of injuries included a bruised left foot, left knee, right knee, upper body, groin, head, flu, hamstring, back spasms and a back injury since the beginning of the 2007 season. Since his long playoff run in 2004 with Tampa, in which he scored 8 goals and 11 assists in 23 games for the Cup champions, he has appeared in just 10 playoff games since the lockout. Ice time ledger: 14:54 in 09-10, 16:52 in 08-09, 16:50 in 07-08 and 19:06 in 06-07.

Proven leader?

Flagstaff

September 5th, 2010
9:50 am

Well, I would have preferred Guerin. Even Satan. But still… IDWT.

Adam

September 5th, 2010
10:00 am

Cornbread – Max was 30 not 35 when he got here. He had played in an average of 53 games a year in the 3yrs prior to coming here, not 39. He also put up an average of 119 SOG in those 3 yrs, not 72. He also came here on a try out, not as a signed player, and was had for a song. Should I go on? How about Max wont be 32 till next September, Freddie will turn 36 the day we drop the puck against the Caps to start the season.

Unless this is a 1yr 2 way contract for peanuts it will be a waste and most definitely smells of Waddell.

Adam

September 5th, 2010
10:13 am

How is a guy that is 36 6′4″ 220 and hasn’t played but 1 full season in his 13yr career going to play the physical game we’re expecting to see? With the list of injuries Red Light points out he’ll get hurt in the preseason and won’t see ice time till December.

Red Light

September 5th, 2010
10:37 am

Brendan Morrison or Modin? Your call.

Red Light

September 5th, 2010
10:39 am

Morrison
Games 76
Goals 12
Assists 30
Points 42
Plus/Minus + 23

Rhythmpenguin

September 5th, 2010
11:15 am

Red Light, Over how many seasons?

Sage of Bluesland

September 5th, 2010
11:18 am

I don’t think it smells of that bumbling idiot, Waddell…I think it smells of “Duds” (appropriate nickname, too) signing “his” guys…guys he is ‘familiar’ with…

Great.

Maybe if he would be an assistant GM with about 28 other teams, we might have a guy who can assemble a team…His obsolescence is already beginning to show…

It reminds me of that quote from the movie “Wall Street”, where Gecko informed Fox that (words to the effect) “unless your dad is on the inside of more than one company, then we’re not going to be able to do business”…

Yep, we’ve now got a guy that will ‘raid’ the places he has worked–but that two-trick pony won’t last long. It will then come down to real decision-making….and this is where “Duds” will fail….The writing is on the wall, folks, for those who can see–and don’t need a self-serving spweadsheet to try and prove the indefensible…

(well, that, and a lack of ownership support–but that goes without saying…The ASG ’sincerely’ thanks you for your support; they really do!)

Rhythmpenguin

September 5th, 2010
11:23 am

There should be a different blog for people who will never say something positive…

R. Stroz

September 5th, 2010
11:48 am

Does anyone else find it ironic that Kovy re-signed before Bergfors?

SomaAtl95

September 5th, 2010
12:47 pm

Rhythmpenguin – Sheeple blogs are hard to find until the team proves otherwise. If, and its a big if, the Thrashers start out the season swinging and winning all of the negative vibes will clear up, except for sage. He will still be posting his “The End is near” and “YOU Sheeple are pathetic” posts until the Thrashers get to the cup finals.

World Be Free

September 5th, 2010
1:04 pm

Sage, thanks for a great post. Or should I say a waste of space. This team has yet to play a game and you have already written them off. You truly are worthless.

This is a depth signing for a guy that Dudley is familiar with who has won before. I would have preferred Guerin too, but maybe Billy has other ideas. Maybe we have not proven enough to available players, which I can understand. Writing the team, the GM and coachs off at this point is stupid.

Rhythmpenguin

September 5th, 2010
1:13 pm

I know Soma, just a thought. =)

Thank you WBF! =)

Rhythmpenguin

September 5th, 2010
1:13 pm

All in fun and hockey right? =)

SomaAtl95

September 5th, 2010
1:19 pm

All fun and games until someone loses an eye….Oh wait, we are in the Internet age now aren’t we…All fun and games till someones “non-typing” hand falls off…

Red Light

September 5th, 2010
1:25 pm

rhythmpenguin…

Those were his stats last year in Washington. I think we have enough size and would like to add someone who can actually make a pass. I guess I’m just hung up on adding a playmaker, and have been since mid-July.

Brendan

September 5th, 2010
1:25 pm

Sara, thank you for that salary cap adjustment post. I enjoyed it. Very well thought out and researched. I sort of wish that the new rules could be applied to those contracts, but I defer to my earlier stance that, “Well, NHL, you HAD the chance to negative those contracts. You sat there, twiddling your thumbs, and APPROVED them. So, it’s too late to undo them.” Sara, I still say that the NHL didn’t go ‘far enough’ in terms of the circumvention angle of the cap. I’m all in favor of just nixing cost averaging, and instead, the player’s salary is what it is, and counts for what it is against the team’s cap.

Brendan

September 5th, 2010
1:27 pm

Red Light, Brendan Morrison.

Red Light

September 5th, 2010
1:27 pm

And, I certainly prefer getting a guy for two seasons to blend with these kids, rather than a bunch of one-year and lets re-negotiate yet again types. The revolving door is still a potential problem in my opinion. I believe in familiarity as one of the keys to success.

Red Light

September 5th, 2010
1:29 pm

Brendan, like I said a few weeks back, charge them the actual salary in the year in which it takes place and you’d have no such circumvention.

kracker

September 5th, 2010
1:50 pm

Red Light, thanks for answering my question (on the other blog) about Modin’s recent injury history.

….Last season he appeared in 24 games for the CBJ and 20 for the Kings, scoring 11 points (5+6). He was moved to LA at the trade deadline. The previous two seasons with CBJ Modin scored 37 points (15+22) in only 73 games. The last full season for Modin was the 06-07, his first in Columbus, where he played in 79 games and scored 20+22 for 42 points.

So…one has to hope Modin is now injury free and has some game left. I suppose Dudley is looking for a Mark Recchi type of rebound from Modin. The fact that Duds knows the player first-hand adds credence to this signing.

Brendan

September 5th, 2010
1:58 pm

Well, maybe “thinking” isn’t my forte, per Alan R. But here are my thoughts. During the offseason, we all given homework by Rawhide to make out our wish list for 2010-11. Did even one of us list Fredrik Modin? We’ll have to go back and review. In any event, he’s been signed. Terms, I’ve yet to locate. If anyone’s got them, please share them.

Okay, here are my “first thoughts” upon reading the news of Modin’s signing. This is the post lockout NHL, where youth and speed are at a premium. Second, a player, ANY PLAYER, past the age of 35 starts to slow down, and becomes highly susceptible to injury. Segue, Fredrik Modin turns 36 in October. Modin missed most of the 2007 season with a shoulder injury, and hasn’t played more than 50 games a season since 2007. He’s 6′4″/218 pounts, or thereabouts. Will he be “fast enough,” or will he be taking hooking penalties? And what’s his ice time situation? 14-16 minutes a game? Is this how we replace the goal production lost by Afinogenov and Kovalchuk?

Now, I’m about to be falsely accused of being negative. As if it were “negative” to merely “disagree?” I think it’s a lovely day outside. Someone else might say, “it’s still a bit hot, though,” and I don’t fly off the handle thinking they are all negative, when they simply have a difference of opinion.

Here are the POSITIVE things I have to say about Freddy Modin. He’s a little bit better than a point every other game, for .526. That’s good. He’s a +3 in his career. That’s encouraging. He has scored 225 goals in the NHL. That’s pretty allright. Eight times, Modin has scored 15 or more goals in a season, in his career. He’s scored 20 or more goals five times (5x) in his career. And he’s tallied 30 or more twice (2x).

But, speaking truthfully, it’s not as if this player was highly coveted. His signing comes in SEPTEMBER of the offseason. (Yeah, I hear ya. “So was Kovalchuk’s!!”) Now, I do tend to like Swedes. I don’t think Modin will be any kind of cancer in the lockeroom. I think it’s wonderful that Rick Dudley has a nostalgic allegiance to some of his former players. I further think it’s wonderful that Modin is a Stanley Cup winner. If this signing had come IMMEDIATELY out of the lockout, I think I’d view it far more eagerly, and enthusiastically. But, being honest as I always am, “that was SEVEN YEARS AGO.” The ink’s not fresh on that Stanley Cup cap and T-shirt. If we exclusively used this criteria (prior Cup winner) for signing players off the 2004 Tampa Bay Lightning, we better get cracking on Andre Roy, Ruslan Fedotenko (scored both goals in the Cup-clinching Game 7,) Cory Sarich, Jassen Cullimore, Chris Dingman, Brad Lukowich, Tim Taylor and Eric Perrin. Oh wait, we already had Perrin. (Is he still skating with the team at the Ice Forum?) And Kubina, whom we should have kept. Where’s Ben Clymer these days?

Brendan

September 5th, 2010
2:00 pm

Red Light, I whole heartedly endorse your salary cap suggestions. That would rid the problem of circumvention. We wouldn’t have to ask questions like, “What’s his salary?,” followed by, “What’s his cap hit?”

Brendan

September 5th, 2010
2:05 pm

Sage, are you being “entertaining” or do you honestly believe that Rick Dudley is something of a dunderhead, who can’t do anything beyond raiding his former teams? Truthfully, Dudley wasn’t my 1st choice as a replacement to Waddell. But I do think he’s a bit more capable than you’re suggesting. Though, I reserve the right to say, “Time will tell if you are proven correct, Sage.” And I’ll give you that credit, if Dudley goes out and acquires Jassen Cullimore.