that players could expect to receive approximately half of the escrow withheld from their paychecks this season returned to them after final accounting and auditing.
“We were expecting a strong and vibrant season, and it has been that from a business standpoint,” Bettman said last week at the GM meetings in Florida. The NHLPA did not budge because players felt a locked-in escrow rate of six percent was one of their wins of the current CBA, and many contracts were negotiated to account for a predictable escrow rate, which previously fluctuated. But this latest news is proof that the NHL could have agreed to raise the salary cap for this season while not also increasing escrow withholding.
Source: News Formal (newsformal.com)
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