Newark, NJ – New Jersey Devils
President/CEO/General Manager Lou Lamoriello today issued the following statement:
"We have been advised today that the NHL has approved the contract between Ilya Kovalchuk
and the New Jersey Devils
. We are very pleased with this decision which will see Ilya Kovalchuk
remain a valuable member of the Devils.
"The New Jersey Devils
acted in good faith throughout this entire process and operated solely on the assumption that our negotiations and both contracts reached were fully compliant with the CBA, as written and applied. Arbitrator Bloch reached that same conclusion in his August 9 decision. We are pleased that this matter has finally been concluded to all parties' satisfaction."