Kovalev Back on Broadway

The Penguins sent Kovalev along with defencemen Mike Wilson, Janne Laukkanen as well as forward Dan Lacoutoure to the Rangers.

In exchange, the Rangers sent defencmen Joel Bouchard, Richard Lintner and forward Rico Fata as well as an undisclosed amount of cash, believed to be around $4 million dollars in cash.

The cash is clearly the centre-piece of this transaction and the trade was initially held up while the league approved the amount of financial compensation going to the Penguins.

Kovalev has 27 goals and 37 assists this season. The 29-year old will be a restricted free agent at the end of the season, and will be eligible for arbitration.

Details to follow.