Here is a just-released statement from Devils GM Lou Lamoriello:
We have today been advised that the NHL and the NHLPA have agreed to extend until Friday the decision on whether to approve or reject the latest contract between Ilya Kovalchuk and the New Jersey Devils.
“We remain confident that the terms of this contract comply, in every respect, with the CBA and meet both the NHL’s concerns and the principles of Arbitrator Bloch’s decision. We remain optimistic that this extension will result in an approval of the contract and that Ilya Kovalchuk will remain a valuable member of the Devils for the balance of his career.
“We will have no further comment until the decision is rendered.”