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July 20, 2010 9:14 PM

Drama queen Ilya Kovalchuk staying with Devils...

It's about fricken time. Finally, the drama queen Lebron James Ilya Kovalchuk has signed a contract with the New Jersey Devils. Now that Kovalchuk is going to sign with the New Jersey Devils, you have to wonder how the heck the New Jersey Devils are going to find cap space to sign former Fighting Sioux forward Zach Parise next season? The Devils are probably going to have to trade players on this season's roster to make room for Kovalchuk. Now that this block buster signing is over other teams can move forward with their free agency moves.

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]

Kovalchuk deals with the Devils [CBC.CA] Ilya Kovalchuk chooses Devils over Los Angeles Kings [NJ.COM]

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