The New Jersey Devils have opted to keep their first round pick in the 2012 NHL Entry Draft.

According to The Record journalist Tom Gulitti, the Devils let deadline pass without giving the National Hockey League notice they were forfeiting their first round pick in 2012, meaning they will hold the 29th pick in Pittsburgh.

As part of New Jersey’s punishment for attempting to sign Ilya Kovalchuk to a contract that circumvented the salary cap, the Devils had four years to surrender a first round pick. The club opted to hold on to their pick in 2011, selecting Swede Adam Larsson fourth overall.

According to Gulitti, NHL Deputy Commissioner Bill Daly confirmed today that the deadline for the Devils to notify the league had passed.

The team will now be forced to turn over their first rounder in either 2013 or 2014.