Jump to content
The Official Site of the Montréal Canadiens
Canadiens de Montreal

Players Lost 13% Of Salaries Last Season


Dintrox12

Recommended Posts

The fact that the players paid 13% of their salaries back to the league passed virtually unnoticed in the media. This year about 25% of player salaries will go into escrow and a percentage (or all) could return to the league if revenue drops. With the hit to the wallet, The players and the NHLPA are finally cluing into the fact that their salaries are deeply affected by decisions of the NHL. Last season, was the first season that the players lost some of their escrow money. Since the NHL, is running the Coyotes and several other teams are on financial thin ice players will be on the hook for the revenue shortfall.

Link to comment
Share on other sites

The fact that the players paid 13% of their salaries back to the league passed virtually unnoticed in the media. This year about 25% of player salaries will go into escrow and a percentage (or all) could return to the league if revenue drops. With the hit to the wallet, The players and the NHLPA are finally cluing into the fact that their salaries are deeply affected by decisions of the NHL. Last season, was the first season that the players lost some of their escrow money. Since the NHL, is running the Coyotes and several other teams are on financial thin ice players will be on the hook for the revenue shortfall.

Wasn't this announced like a week ago?

I'm not surprised, this is a recession, thats the whole point of the Escrow account is to protect owners in bad times.

Link to comment
Share on other sites

Wasn't this announced like a week ago?

I'm not surprised, this is a recession, thats the whole point of the Escrow account is to protect owners in bad times.

Shouldn't NHL revenues be recession proof?

When was their last TV deal negotiated? 2007?

Link to comment
Share on other sites

Shouldn't NHL revenues be recession proof?

When was their last TV deal negotiated? 2007?

Well the NHL is gate driven and obviously advertisers have less dollars to spend so there will definitely be a hit. No league is recession proof.

Link to comment
Share on other sites

Archived

This topic is now archived and is closed to further replies.

Guest
This topic is now closed to further replies.
  • Recently Browsing   0 members

    • No registered users viewing this page.
×
×
  • Create New...