Quote:
Originally Posted by Locke
Because they're damned if they do and damned if they dont.
They use their escalator to bump the cap up so more money is available, the biggest problem with escrow is that its a percentage of pay, so the guys at the top suffer more than the guys at the bottom, but the entire goal is to increase the size of the overall pie.
There are more guys at the bottom than there are at the top.
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The escalator doesn't really increase the the size of the overall pie, it just fakes it and I don't agree the top guys suffer more than the bottom guys. They both lose the same percentage. If anything it's the guys at the bottom that are worse off because they can least afford to lose money to escrow.
I'm not surprised they decided to go with only a 2.5% escalator instead of 5% because the escalator really punishes the guys that already have contracts. I bet if Crosby knew he would be killed by escrow so much he wouldn't have signed a 12 year deal when he did. Or he would have asked for more money at the time.