On the other side of the table, front offices are starting to feel serious financial squeeze. The cash-poor teams that were already hurting before the stoppage of the 2020-21 regular season have been predictably quiet in the market. But so too have some of the bigger-market teams, those that tend to spend aggressively to the salary cap on an annual basis.
But at aggregate, it becomes clear that players have been materially impacted by the economic uncertainty, and the class has signed comparatively cheap deals: Perhaps the most important data point for the players more broadly though is term length. If we look at the length of the contracts signed over the past three years, the average term dropped from about 3.5 years in 2018 to just 2.7 years in 2019. If you look at term of contract signed by number of years, the shortening of contracts becomes obvious:
This is not breaking news, but owners tend to prefer making money to losing money. And players, of course, like when the league is profitable. They share in hockey-related revenue and linearly benefit from growth through their paycheque.
travisyost 😂😂😂😂 is it April 1st already
travisyost Come on you can do better than this. You would think CBC wrote this headline.
travisyost
travisyost Maybe a little less booze on a Sunday afternoon Yost
travisyost None of these players needs to worry about their next meal or keeping up with living costs. Writing an article in the pandemic saying NHL players are feeling the pinch of reduced salary that’s still 6/7 digits vs people who are losing jobs that pay a fraction is very ill timed
travisyost
travisyost Holy fuck are you serious with this article Millions of people not working and losing everything. But yes these guys are feeling the pinch.
travisyost boo-hoo
travisyost they are all going to starve yep.
travisyost Yes, those lower 7-figure salaries can be a real bitch.
travisyost 'Financial pinch'. LOL
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