NY Islanders may start bidding for Ilya Kovalchuk at $100 million

Ronald MonestimeCorrespondent IJuly 4, 2010

PHILADELPHIA - APRIL 20:  Ilya Kovalchuk #17 of the New Jersey Devils skates against the Philadelphia Flyers in Game Four of the Eastern Conference Quarterfinals during the 2010 NHL Stanley Cup Playoffs at the Wachovia Center on April 20, 2010 in Philadelphia, Pennsylvania. The Flyers defeated the Devils 4-1 to take a three games to one lead in their best of seven series.  (Photo by Jim McIsaac/Getty Images)
Jim McIsaac/Getty Images

The New York Knicks may be dominating the headlines in the Big Apple with the courting of LeBron James and other prominent NBA free agents but, make no mistake about it, they are far from standing alone in their quest to make a big splash in this summer’s sports free agent market.

Although little attention is being paid to it for obvious reasons, NHL free agency is also in full swing and a once-proud franchise, with plenty of money to burn, appears to be prepared to make a financial commitment that could drastically alter its fortunes for several years to come.

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