“The NHL and the NHLPA have continued to meet quietly in small groups, and I understand that they are really trying to grind to see if they can try to find a solution for the escrow issue,” said Sportsnet’s Elliotte Friedman during the ‘Headlines’ segment ofSaturday. “I think everybody realizes that’s the No. 1 thing that has to get worked on here and other things can fall into place. I understand they are having serious discussions at ways to handle this.
Just as a quick reminder, escrow is, in essence when applied to the NHL, a portion of a player’s salary that gets deducted from each paycheque and then put into a fund that can’t be touched until the end of the season, when the league knows what its revenue for the year was and can then calculate how much escrow can be handed out to the players and how much teams get.
This is an extremely contentious issue for the players as it can feel like an additional league tax on them, as there have been cases where that money that gets withheld actually ends up in lost salary. This current escrow system was put in place to create a 50-50 split in hockey-related revenue between the teams and the players, but also, sometimes, at the cost of lost salary for the players.
The current CBA isn’t scheduled to expire until after the 2020-21 season, but both the NHL and NHLPA can choose to opt out of it this year, meaning getting ahead on negotiations so as to avoid a potential lockout is still very important business.
The 1 thing that has to be worked on is,the referees need to be investigated,they constantly turn a blind eye to OBVIOUS penalties that should be called on the coddled protected Boston Bruins Not sure if those green bills get handed over just a little to much
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