The New Jersey Devils made a major move to get under the NHL salary
cap Sunday by sending suspended defenseman Vladimir Malakhov and a
conditional first-round draft pick to San Jose for defenseman Jim
Fahey and the rights to left wing Alexander Korolyuk.
The deal will save the Devils $3.6 million on their cap -- Malakhov's
salary -- and it probably won't cost New Jersey much because Korolyuk
will play in Russia again this season and Fahey might not make the
roster.
With the NHL season scheduled