Marc Savard just can’t stay out of the news this summer. If it’s not trade rumors, it’s the threat of his contract being torn up. Just when reports were surfacing that the NHL’s investigation into his seven-year, $28.5 million contract for circumventing the spirit of the collective bargaining agreement would not lead to the contract being rescinded, there apparently is still a chance the contract could be voided by the league.

On Wednesday the NHL informed the NHLPA it would accept the latest contract offered to Russian winger Ilya Kovalchuk by the New Jersey Devils if they met two new rules and teams and players applied them in future long-term contracts. According to a New York Post report, the NHL informed the NHLPA that they would have to accept the following conditions:

1. That the cap hit on future multi-year contracts will not count any seasons that end with the player over 40 years of age. The cap hit would be calculated on the average of the salary up through age 40 only.

2. That the cap hit on future contracts longer than five years will be calculated under a formula granting additional weight to the five years with the highest salary.

According to the Post report, if the NHLPA refuses, or if negotiations fail to produce common ground, the league has informed them that:

1. It will reject the Kovalchuk contract.

2. It will move to immediately devoid the Roberto Luongo contract that is being investigated.

3. It will move to immediately open proceedings for a formal investigation into the Marian Hossa contract that Hossa has already.

There was no mention of the Savard contract, but, just in case, his agent Larry Kelly came out firing on Thursday, threatening a lawsuit against the NHL should his client’s contract be torn up by the league.

"You can imagine the lawsuit that would ensue," Kelly told sports-radio station the TEAM 1200 in Ottawa.

Kelly went on to make a valid case that with team up against the salary cap now and training camp just over two weeks away, Savard may not be able to get a fair contract offer should his contract be torn up.

“I haven’t heard anything from the league, but I feel the contract is fine,” Kelly said. “It was not rejected on its face. It was registered. I’m not expecting any major problem. If the league were to arbitrarily do something, it would be a very, very serious issue. Marc Savard had a very serious concussion last year. He came back in the playoffs to try and help his team. He was not anywhere near the player he had been. If Marc is without a contract and is a so-called free agent after missing the free-agency period, you can imagine the lawsuit that would ensue.”

Bruins GM Peter Chiarelli told Boston.com that he hasn’t heard anything either way. "Whether [the Kovalchuk] decision will impact it or not, we'll wait and see."

"I expect Marc to be a Bruin under his contract seasons," Chiarelli said.