Quote:
Originally Posted by sureLoss
Huh?
How can it be a loophole when it explicitly states in the CBA that a percentage of salary + bonuses will be held for the purposes of escrow?
If a team isn't putting a % of a player's signing bonus into escrow, then they are incorrectly handling the escrow procedures as defined by the CBA.
Hell if that is the case Shea Weber made $52 million over the last 4 years without contributing a dime to escrow.
BTW from what I can tell anyone who claimed that it the signing bonus would provide escrow protection has backed off that stance.
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Don't shoot the messenger man, I was told singing bonuses are exempt from escrow in the CBA, I hope it's incorrect but when you think of it what other reason would a player set it up this way? If he doesn't perform for various reasons he could throw millions away from a buyout.