He's like a million years old. This isn't the NHL of 2004 when a bunch of 40 year old players suddenly had career renaissances. Today's NHL is fast, and if you don't have the feet for it, you better be damn good. Kovy has a good shot, but the legs have to be there. Look at Crosby and Ovechkin and how hard they train to keep the legs. Look at guys like Marleau and Thornton - too old for the roles they're in. They have the hands - Thornton especially, Jumbo's hands are incredible, top flight, and the only reason he stayed effective so long.
Also, Kovy came to win a Cup. He sure won't with the Kings, so he might take a league minimum contract on a defender that can afford a power play specialist. Then again, he might not.