Dmitry Chesnokov reported about 36 minutes ago via twitter:
Nothing new to report, unfortunately, on the Kovalchuk-KHL developments. KHL is still offering 1-3 year contract.
It seems unlikely that Kovalchuck will take a 3 year deal in Russia hes looking for long term
Better check TSN. His agent just gave the NHL an ultimatum regarding his contract.
Well this was posted way before the news from tsn came out