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Originally Posted by jonogunn8
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The NHL has come down hard on the New Jersey Devils for deliberately circumventing the league's salary cap in their original attempt to sign forward Ilya Kovalchuk.
The league announced in a press release Monday that they have fined the Devils $3 million and that the club will forfeit their third-round draft choice in the 2011 NHL Entry Draft as well as a first-round draft choice in one of the next four NHL Entry Drafts.
It will be the Devils' decision which year they will forfeit the first round choice, they must advise the NHL of their decision by the day following the conclusion of the Stanley Cup Final in the calendar year in which the pick will be forfeited.
According to the statement there will be no corresponding reduction in the club's cap space for the fine. The League now considers the matter closed and according to the statement will have no further comment on the situation.
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http://tsn.ca/nhl/story/?id=333690
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The world ain't all sunshine and rainbows. It's a very mean and nasty place... and I donīt care how tough you are, it will beat you to your knees and keep you there permanently, if you let it. You, me or nobody, is gonna hit as hard as life. But ain't about how hard you hit... It's about how hard you can get hit, and keep moving forward... how much you can take, and keep moving forward. Thatīs how winning is done. Now, if you know what you worth, go out and get what you worth. - Rocky Balboa
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