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Old 07-14-2022, 10:50 AM   #1469
getbak
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Quote:
Originally Posted by SuperMatt18 View Post
Quote:
Originally Posted by Aarongavey View Post
https://sport-net.org/are-nhl-signin...to-escrow/amp/

They are not subject to escrow, that is why players like them.
The Sporting News needs to fire whoever they have fact-checking their NHL information because that is absolutely wrong. They were also still reporting that the "courting period" was still a thing even though that is something that was eliminated in the 2020 MOU.


This is directly from the CBA...

Quote:
The NHL and NHLPA agree that each Club may, in accordance with Section 50.11 of this Agreement, withhold a certain percentage of each Player's Player Salary and Bonus obligations throughout each League Year and that such funds, if any, shall be held in an Escrow Account, so that in the event that the NHL Clubs spend, on an aggregate basis, more or less on League-wide Player Compensation than the Players' Share in a particular League Year, then pursuant to the Reconciliation and Distribution Procedures, the funds in the Escrow Account shall be distributed to the League or the Players as described herein.
There is nothing in the 2020 MOU that changes how Escrow is collected.
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