Kovalev signed a one-year contract with the Panthers that Bob McKenzie is reporting is worth $1 million and also contains bonuses for games played.
Kovalev came to camp with Florida on a tryout contract after playing last season in the Kontinental Hockey League. He last played in the NHL at the end of the 2010-11 season with the Pittsburgh Penguins.
Teams must announce their 23-man rosters for opening night by 5 p.m. ET Friday.
Not only is it a great idea, but if you don't [start using analytics] you're going to fall behind. You have to be on the cutting edge. It was [Arizona Coyotes assistant general manager] Darcy Regier who said, 'If you didn't invent it, you have to be the second- or third-best copier, because if you're fourth or fifth you've got no chance.'
— Detroit Red Wings coach Mike Babcock on his interest in advanced statistical analysis