Escrow on players’ checks to jump from 10 to 20 percent on Friday

6 Comments

With NHL revenue estimates down from $2.4 to $2.1 billion for the 2013 season, various outlets report that players will see escrow climb from 10 to 20 percent of their paychecks starting on Friday.

That’s a tough break, but The Globe & Mail’s James Mirtle reminds us that the “make whole” provision and playoffs could help to soothe the players’ concerns.

(The CBC’s Elliotte Friedman echoes that thought, noting that the NHLPA tends to be conservative when it comes to escrow, so the playoffs could indeed make a difference.)

Beyond the players’ specific concerns, it’s a good reminder of one of the issues that the NHLPA and league fought (sometimes bitterly) about during the lockout.