UPDATE 7:30: Looks like it's Jersey.
FROM PRAX: Just like last night, talks are heating up again. Darren Dreger is reporting that he could be moved tonight to an eastern team. It could be down to Montreal, Philadelphia, New Jersey and maybe Washington. The western teams look to be out. Stay tuned to TCL for all the breaking details, looks to be another long night!
The Atlanta Thrashers GM, Don Waddell, has told TSN that Ilya Kovalchuk turned down a $101M dollar contract from the organization. "Our goal from the start of this negotiating process was to sign Ilya Kovalchuk to a long-term contract," said Waddell in the statement. "During the process, Kovy affirmed his desire to be a Thrasher for life. We've spent several months exploring scenarios with Kovy and his agent to reach a mutually beneficial agreement, and offered many lucrative packages in an attempt to meet his financial objectives. Unfortunately, we've reached an impasse and at this point he has declined all of our proposals and we can't reasonably go any higher.