The National Hockey League is reversing part of its punishment against the New Jersey Devils for cap circumvention when they signed forward Ilya Kovalchuk nearly four years ago. TSN Hockey Insider Darren Dreger reports that the NHL will be forgiving $1.5 million of its original fine in addition to changing its ruling on penalty regarding the first-round pick. In 2010, the Devils agreed to a contract with the then-free agent forward on a 17-year, $102 million deal. However, the NHL rejected the deal for circumventing the rules of the collective bargaining agreement.
NHL alters punishment to Devils over Kovalchuck contract
TSN | Mar 6