Locked-out NHL players are expected to receive last season’s escrow payment on Wednesday, according to a spokesman for the NHL Players’ Association who spoke to The Canadian Press.
CP reports that players are due to be returned 7.98 per cent of what they earned last year, plus interest, on the same day they would have received their second paycheque of the season if there hadn’t been a lockout.
The escrow payments will amount to about $80,000 for every million dollars a player earned - before deductions. New York Rangers forward Brad Richards will gross approximately $960,000 after being the league’s highest-paid player last season.
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Meanwhile, The Gazette’s Pat Hickey writes that it’s time for Canadians to take back our game and start over by establishing a new league. You can read his column by clicking here.
(Photo by Chris Young/The Canadian Press)