Ilya Kovalchuk’s era in Los Angeles is over.
On Monday, it was announced that Kovalchuk had left the group and was placed on unconditional resignation in order to terminate his contract. The 36-year-old has not played for the Kings since November 9 and is reportedly shopping, despite having no travel clause.
TSN said Kovalchuk had received the final signing bonus for his contract on Sunday, but will still count as a $ 6.25 million hit against the Kings’ minimum wage by the end of next season. The Russian forward signed a three-year, $ 18.75 million deal with the Kings in 2018.
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As soon as he has canceled the exemptions and has terminated his contract as expected, Kovalchuk will become an unrestricted free agent. TSN’s Pierre LeBrun said that along with the rest of his salary this season, Kovalchuk will lose his salary for 2020-21 – $ 4.25 million without any other benefits, according to CapFriendly – leaving the Kings.
The first overall pick in the 2001 draft, Kovalchuk has 436 goals and 859 points in 897 NHL games. With the Kings, Kovalchuk has scored nine points (three goals) in 17 games this season.