Ilya Kovalchuk, Los Angeles Kings, NHL Rumors

NHL Rumors: Ilya Kovalchuk Gets His Bonus And His Camp With Meet With The Kings To Talk About His Future

Kovalchuk gets his bonus today and his agent will be meeting with the Kings soon

Sportsnet: Ilya Kovalchuk‘s camp will be talking with the Los Angeles Kings in the coming days. The 36-year old Kovalchuk wants to play and his contract will be more affordable real soon.

Kovalchuk is owed a $2.65 million bonus today and will only have the pro-rated $700,000 left for this season. He has another year left on his deal.

“Maybe (the Kings) terminate the contract, maybe there’s a trade market that wasn’t present earlier in the season before this bonus was paid,” Johnston said. “But Kovalchuk’s been skating with the team for more than a month. Hasn’t played, (but) he’s on the road trip in Pittsburgh and there’s hope there’ll be a chance to get him back here soon.”

Igor Eronko: Was hearing (on Friday) that Kovalchuk’s contract with the LA Kings will be terminated but he wants to stay in the NHL. He’ll get a lucrative contract offer from Omsk of the KHL.

Pierre LeBrun: Kovalchuk is traveling with the team. After getting his bonus it’s up to him if he wants to leave the Kings or not. If he leaves it would be a breach of contract and the Kings could put him on unconditional waivers.

David Pagnotta: The Kings have been trying to trade Kovalchuk for a while. He has another year left on his contract at a $6.25 million salary cap hit and $4.25 million salary. Terminating his contract is possible but a trade is preferred.

Cap Friendly: On if Kovalchuk’s contract is terminated.

“- Kovalchuk has a NMC; therefore, would not need to go through waivers first
– As a 35+ contract, his $6.25M cap hit would continue to count against LA’s cap for the remainder of this year and next year
– Kovalchuk would forfeit roughly $4.7M in salary”

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