From ESPN reporter EJ Hradek on Twitter:
NJ owner Jeff Vanderbeek, NJ GM Lou Lamoriello and Ilya Kovalchuk's agent Jay Grossman met with NHL execs at league's NY office today. Hmmm?
Hmmm, indeed. Stay tuned.
UPDATE: The venerable Dmitry Chesnekov of Puck Daddy reports that an "NHL decision expected w/24 hours."