As Friedman states in his article, summarizing the NHL's view: "CBA is a 50-50 revenue split, and COVID-related damages are more significant than what was projected even four months ago. There’s going to be a shortfall, and it must be addressed".
This all comes down to timing as they have already agreed to split revenues. The players seem to expect a better than 50/50 split in current year with it being paid back in future years. They even mention that it has never been cheaper to borrow money.
Are other businesses advancing their employees money at this time?
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