Ilya Kovalchuk retires with $77 million left on his contract

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Kovalchuk represented Russia at three Olympic Winter Games, nine World Championships, one World Junior Championship and the 2004 World Cup. He played in the KHL with SKA St. Petersburg during the recent lockout and was selected their captain. He participated in the KHL All-Star game before returning to New Jersey for the lockout-shortened 48-game regular season, a campaign where the Devils missed the playoffs.

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