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

Donald Fehr

NHL Players Association executive director Donald Fehr speaks at a news conference after a meeting of the NHLPA executive board in Chicago, Wednesday, June 27, 2012. (AP Photo/Sitthixay Ditthavong)

AP

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.

Have to remember that the “make whole” will recover a big chunk of escrow funds to players. And high playoff revenues will help, too.

— James Mirtle (@mirtle) March 11, 2013


(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.