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Okay, NOW the Ilya Kovalchuk Matter Is Settled

The NHL has fined the Devils $3 million for signing Ilya Kovalchuk to a cap-circumventing seventeen-year contract back in July, and the Devils must forfeit their third-round pick next year as well as their first-round pick in one of the next four drafts. (The Devils will get to choose which year they'll forfeit that first-rounder.) Said Lou Lamoriello in a statement: "We disagree with the decision. We acted in good faith and did nothing wrong. We will have no further comment." [ESPN]

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