Check out the link here. The deal reportedly makes Kovalchuk the richest player in the game. We'll see if it's true soon. Hockeyexpressen is quoting another Swedish site that is quoting a Russian site.
A player's salary cannot exceed 20% of the teams' cap spending, right? From what I've been reading, Ilya wanted management to commit to building a winning team before he re-signed. Opinions mounted that Kovalchuk would wait it out. So this could just be a rumor. But you'll have to check out Hockeyexpressen and it's sources to form your own opinion.