Quote:
Originally Posted by Erick Estrada
Is this due to the NHLPA continually triggering Escrow escalators over the years preceding the pandemic?
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No. Totally unrelated.
This is entirely because of the massive loss of revenue since COVID hit. They didn't want to slash the cap and make it nearly impossible for teams to ice full rosters, so they kept the cap high with the knowledge that the players of today were essentially borrowing money from the players of the future.
If things return to normal this season, the process of paying back those losses will begin.