Not this again... Devils in financial trouble?

[Bleedred]

Because they are already playing at home..your arguement using those guys is specious , That logic would only apply to players like Ovie and Malkin. Non russians no matter how good would not demand the $$$ russians do and a HUGE point is being missed in all this, He his going back to play in St Petersburg , my SIL who has traveled he world said its the most gorgeous city shes ever been to, He is not playing for Minsk,

All these players you list would go thru huge culture shock, not unlike playing baseball in Japan,I'd take a mil here over 10 mil in russia but then again I am not Russian

The point is, I don't sympathize with this POS going back to Russia because he's losing 70% of his salary like someone suggested. Aren't all the big money players losing the same thing? Any of those players could get jobs in the KHL if they wanted to, Russian or not. Jagr played there for 3 years.

 

[Peter Sidorkiewicz]

Why would he care about the financial situation? He still would have gotten his money even if the NHL took over the team.

The thing about Kovy is he dealt with an ownership mess in Atlanta and it played a major factor on him not re-signing with Thrashers.

Saying that, although the current NJ ownership situation probably doesn't help, i dont think it was a major factor in Kovy's decision. He is a family man and obviously playing back home during the lockout made an impression. He knows he is going to get paid big time and their is also opportunity to lead his country at Sochi Olympics (Something the NHL still hasnt come to an agreement yet).

 

[1Gold Standard]

The thing about Kovy is he dealt with an ownership mess in Atlanta and it played a major factor on him not re-signing with Thrashers.

Saying that, although the current NJ ownership situation probably doesn't help, i dont think it was a major factor in Kovy's decision. He is a family man and obviously playing back home during the lockout made an impression. He knows he is going to get paid big time and their is also opportunity to lead his country at Sochi Olympics (Something the NHL still hasnt come to an agreement yet).

Expect that announcement to come on Monday.

 

[newjerseydamo]

[/B]

Expect that announcement to come on Monday.

god I hope so. I'm anxiously waiting on the announcement, so they will release the schedules, so I can book my flights!

Will be in Devils country this season!

 

[1Gold Standard]

god I hope so. I'm anxiously waiting on the announcement, so they will release the schedules, so I can book my flights!

Will be in Devils country this season!

Book it for Monday. as per John Shannon's twitter feed (a former NHL executive now SN commentator), on Wednesday he tweeted, "possibly Friday, but most likely Monday the announcement will come." Anything going on in the NHL HQ, Shannon has the inside the scoop.

 

[manilaNJ]

Book it for Monday. as per John Shannon's twitter feed (a former NHL executive now SN commentator), on Wednesday he tweeted, "possibly Friday, but most likely Monday the announcement will come." Anything going on in the NHL HQ, Shannon has the inside the scoop.

Coincidentally lines up with Kovy's announcement on re-signing with SKA.

 

[Mory Schneideur*]

The thing about Kovy is he dealt with an ownership mess in Atlanta and it played a major factor on him not re-signing with Thrashers.

Saying that, although the current NJ ownership situation probably doesn't help, i dont think it was a major factor in Kovy's decision. He is a family man and obviously playing back home during the lockout made an impression. He knows he is going to get paid big time and their is also opportunity to lead his country at Sochi Olympics (Something the NHL still hasnt come to an agreement yet).

Which is why I see the ownership problems in Atl and NJ playing into this partially. When Kovy looked at the KHL he saw billionaires who had that Russian pride in the teams they own. I could see it playing a role.

 

[Colin226]

I really don't see how the financial situation here could have been a factor for Kovy.. His contract was guaranteed so he was getting his money.. I think his concern in ATL was that they wouldn't be able to afford a good cast of players around him to win.. Obviously that was not the case here and, with all the recent FA signings/spending, didn't look like it would affect the on-ice portion of the team

 

[DevilChuk*]

Which is why I see the ownership problems in Atl and NJ playing into this partially. When Kovy looked at the KHL he saw billionaires who had that Russian pride in the teams they own. I could see it playing a role.

Oh please, financial problems in the KHL put the Devils' situation to shame. Teams literally fold almost every single off-season because of finances.

http://hfboards.mandatory.com/showthread.php?t=571748

 

[Vilgraining]

Oh please, financial problems in the KHL put the Devils' situation to shame. Teams literally fold almost every single off-season because of finances.

http://hfboards.mandatory.com/showthread.php?t=571748

Not to say they don't but that's from 08. A lot can change in 5 years, just look at our own ownership

 

[DevilChuk*]

Not to say they don't but that's from 08. A lot can change in 5 years, just look at our own ownership

that was one example.

Want more?

http://slapshot.blogs.nytimes.com/2012/03/21/what-radulovs-departure-means-for-the-k-h-l/

. Those dreams never came to fruition, and today the K.H.L. is riddled with financial problems and safety issues at the rink and in air travel.

http://icehockey.wikia.com/wiki/Kontinental_Hockey_League
Do a nice search for "financial" there.. multiple teams have folded/been demoted in the past three years alone due to lack of funds.

Now the league has to support another 15M+ in salary annually..

 

[Devils86]

The fact that you have to fly Areoflot is enough to make you think twice. Those trips to Vladivostok 4100 miles should be fun.

 

[Mory Schneideur*]

Pretty sure SKA won't fold any minute, nor will they trade the star of KHL. Probably ever.

 

[Mory Schneideur*]

Plus you guys forget, $20M in Russia is more like $80M per year back here. More spending power, a lot more.

 

[Devils Dominion]

Can we send some our fans to the KHL?

 

[Mory Schneideur*]

Can we send some our fans to the KHL?

Lets start with the ones who can't face reality.

 

[glenwo2]

Lets start with the ones who can't face reality.

Are you implying something?

 

[Mory Schneideur*]

Are you implying something?

Not specifically. Just gets annoying that par of our fanbase always hates the other half that don't look at everything thru rose-colored glasses and face reality.

Also this guy makes a point:

From Kovalchuck's standpoint, this makes perfect sense. The SKA chairman, Gennady Timchenko is ranked in the 2013 edition of the Forbes magazine billionaires list, with an estimated fortune of $14.1 billion USD. He is closely aligned with Vladymir Putin and has long been considered the invsible man in Russia's ruling elite. Timchencko is the major shareholder of Volga Group, a privately held company with major holdings in Russa's energy resources. His economic and political influence dwarfs anyone in the NHL. His only son is said to be one of Kovy's best freinds. To argue that Kovy will suffer financialy from this move is laughable.

 

[BenedictGomez]

Plus you guys forget, $20M in Russia is more like $80M per year back here. More spending power, a lot more.

This is a good point, but unless you have some stats I'm not aware of, the above sounds too dramatic?

Russia doesnt participate in the international market basket for determining purchasing power parity (PPP), but if you go by The Big Mac Index, you'd arrive at $20M = $29M in PPP in Russia.

Alternatively, as of today, $1 USD = $32.65 RUB, but it would take a Russian HFBoarder to help explain what the purchasing power of $653M Russian Rubbles ($20M USD converted to RUB) gets you in Russia!

 

[Mory Schneideur*]

This is a good point, but unless you have some stats I'm not aware of, the above sounds too dramatic?

Russia doesnt participate in the international market basket for determining purchasing power parity (PPP), but if you go by The Big Mac Index, you'd arrive at $20M = $29M in PPP in Russia.

Alternatively, as of today, $1 USD = $32.65 RUB, but it would take a Russian HFBoarder to help explain what the purchasing power of $653M Russian Rubbles ($20M USD converted to RUB) gets you in Russia!

Don't have he exact stats, I'm a the gym too lol.

But from personal experience from being in Europe and Rusiia, your dollar goes a very long way in the former Soviet lands.

 

[DevilChuk*]

Not specifically. Just gets annoying that par of our fanbase always hates the other half that don't look at everything thru rose-colored glasses and face reality.

Also this guy makes a point:

You're arguing two ridiculously separate points. One entirely valid, one entirely speculative.

Kovalchuk is going to the KHL to make more money.

Kovalchuk is not going to the KHL because he's scared of the instability of the Devils.

There is literally a miniscule chance (at that) the Devils move. The team is profitable, unlike MANY teams in the league. Even if a prospective buyer wanted to move the team, the NHL would never let a viable market go away when there are other markets that can't ice profitable teams.

You state that some fans can't face reality and are pitching a PURE SPECULATIVE (i.e. not reality) argument based on the comments of Kovalchuk's mom. If you can't see the flaws there, there's at least one person not facing reality in this thread.

I can re-quote my post from before about how its ridiculous to take her word as gospel but since you just ignore that.. i'll restate one:

Does Kovalchuk's mom have any biases that may lead her to make such a statement that may not be entirely correct? Any reason for her to lie to protect someone from public scrutiny? Don't think too hard about it.. it's pretty ****ing obvious.

 

[DevilChuk*]

Pretty sure SKA won't fold any minute, nor will they trade the star of KHL. Probably ever.

Holy ****, how many times do we need to say this?

KOVALCHUK HAD A NTC. He would NEVER have been traded if he didn't want to. Stop bringing this up as its completely incorrect.

And no, while SKA may not fold.. the entire league is rooted in financial stability that I would not be surprised if the KHL as a whole disbanded in the next decade.

 

[glenwo2]

I think DevilCharles(I'll call you that from now on. lol ) put it best in his last two posts.

The fact that there are still those who continue to believe that Kovy left for anything other than MORE MONEY is just plain absurd.....

 

[Mory Schneideur*]

I think DevilCharles(I'll call you that from now on. lol ) put it best in his last two posts.

The fact that there are still those who continue to believe that Kovy left for anything other than MORE MONEY is just plain absurd.....

Wrong. There can be more than one cause.

1. More Money.

2. Being home, his home country, with family, friends!

3. Devils are a bigger internal mess than he wanted to deal with.


I doubt if a Saudi prince offered him $25M per he would be in Dubai. But you guys are right, Kovy evil, Kovy bad. Kovy owes us.

Reality is Kovy doesn't owe anyone jack as much as we would like to believe it and in regard to himself and those closest to him, he probably made the best decision. Doesn't matter if we hate it.

 

[Zajacs Bowl Cut]

if the Devils were such an internal mess I doubt we would've given out all the contracts we did in the past 2 weeks.