In this case its convenient for both parties. But if its this easy for Kovy it would be easy for other players to skip out on their contracts, even if it is very inconvenient to their club.
I'm actually surprised that a player can just "retire" and sign right away without any legal repercussions. It seems simple to write it into the rules that you can't take up other employment as a player if you retire prior to the conclusion of your contract. We have all kinds of legally binding rules like that in contracts throughout parts of our economy.
Part of why there's been hard feelings, particularly from Russia to the NHL, has been because of the fact that North American hockey has been a huge draw for 20+ years. And to come over, it's not uncommon for a player to break a contract.
Part of this is a loophole in Russian labor law. I don't know if it's been changed since then, but I remember Ovechkin and Malkin going into hiding so as not to be "conscripted" immediately after submitting a two weeks notice. Under the old law, any employee could break his own contract by taking that one simple step. It didn't matter if it was a one-year or a ten-year contract; submit your two weeks, and then you're free from it.
The other part goes back to that Cold War mentality, which is that if you're not with us, you're going to pay. If a 19-year-old kid is thinking of signing in North America once his current contract with his Russian team expires, he'll be offered a contract extension there. If the kid doesn't sign it, he does so knowing full well that there may be reprisals of some type. Maybe he'll be sent to the junior team. Maybe he'll be benched. Maybe he'll be forcibly conscripted. But it's not a clean system.
Why is the NHL any different? Perhaps the NHL legal team hasn't quite caught up with the fact that the KHL is a serious competitor for employees.
I disagree. The KHL is a serious competitor for certain types of players, and we also don't know what the fallout will be from their expansion into other countries outside of the former USSR. The KHL is a threat for Russian players, and maybe a handful of Czechs and Slovaks. Everyone else in Western and Northern Europe grew up as a product of multiple generations of a powerful mistrust of anything Russian, and the actual draw of the KHL for a top-level Swedish or Danish or Finnish prospect can't be very high. Even the Czechs and Slovaks, who grew up seeing their own countrymen dominate in the NHL, wouldn't necessarily flock to the KHL simply because they're offered more money.