The waiting is finally over.
Left wing Ilya Kovalchuk has decided to re-sign with the Devils, his agent, the team announced this morning.
The team will hold a news conference at 1 p.m. Tuesday at Prudential Center to make the official announcement. No contract details were available, initially.
"Ilya's excited to be continuing his career with New Jersey and knows first-hand the team's dedication and commitment to winning," Kovalchuk's agent Jay Grossman said in a release posted on his agency's website. Kovalchuk, 27, had been an unrestricted free agent since noon on July 1.
The Devils acquired Kovalchuk, a two-time 52-goal scorer, from Atlanta on Feb. 4 (along with defenseman Anssi Salmela) for defenseman Johnny Oduya, right wing Niclas Bergors, prospect Patrice Cormier and the Devils' 2010 first-round draft pick. Assuming Kovlachuk's salary is for more than $3.5 million - he made $7.5 million last season- the Devils will have to move players to get under the $59.4 million salary cap before the start of the regular season. Teams can go as high as 10 percent over the cap until the start of the regular season. [Fire and Ice]
Links to the Story Ilya Kovalchuk signs with Devils [NJ.COM]
Kovalchuk, Devils agree to deal [ESPN.COM]
Done Deal-ya: Kovalchuk returns [devils.nhl.com]
BREAKING: Ilya Kovalchuk Re-Signs with the New Jersey Devils [inlouwetrust.com]
Kovalchuk's decision: He's a New Jersey Devil again [Puck Daddy]
Kovalchuk inks deal with the Devils [Globe and Mail]