Report: Devils, Kovalchuk agree on new contract pending League Approval

ESPN's E.J. Hradek and Puck Daddy's Dmitry Chesnokov are reporting that Kovalchuk's agent Jay Grossman, Devils GM Lou Lamoriello and Owner Jeffrey Vanderbeek met with NHL officials in New York today to discuss the contract and that a decision by the NHL is expected withing 24-48 hours at most. So now the question is, will the saga finally come to a close this week? We shall find out by tonight or tomorrow likely. I highly doubt the NHL would want to drag this saga further since the fans like me are relentlessly tired of this soap opera. Devils are not expected to announce any new deal until the league approves it this time around. There is also no word on the terms of the new deal as that will likely be revealed when the league approves it. The Devils held the Kovalchuk press conference already knowing his initial 17 year $102 million dollar deal had been rejected. They got official word that night for the league the contract was rejected and it was voided by system arbitrator Richard Bloch. Stay tuned! But based on this news, Devils fans have a small reason to be elated for now.