[powderjunkie]

Originally Posted by Aarongavey

https://sport-net.org/are-nhl-signin...to-escrow/amp/

They are not subject to escrow, that is why players like them.

I love those weird search engine sites...it answered another important question that google must have predicted people wanted to ask:

Is escrow a good job?

The description and job duties and of an escrow assistant may seem somewhat daunting, but, it can be a really fun job, especially when you get to help people achieve their dream of buying their first home.

Originally Posted by SuperMatt18

I thought they weren't now.

https://www.sportingnews.com/us/nhl/...p1a8v24yvggd3v

Not sure if the loop got closed on this in the last few hundred posts, but here is direct from the CBA:

(i) Each Club shall withhold from each Player who is party to an SPC with
that Club (and current Players who retire or otherwise cease playing in the
NHL to the extent such Players continue to be paid under an SPC with that
Club, including, without limitation, Players who were party to SPCs that
have been bought out) an amount of each payment of the Player's Player
Salary and Bonuses for that League Year. The amount of each payment to
be so withheld shall be calculated by multiplying the portion of each
Player's Player Salary and Bonuses to be paid during a pay period by the
applicable Escrow Percentage that is then in effect during that pay period.

Pretty clear. As I said, I went through the MOU and didn't see anything that changes it, but maybe I missed it.


This article quotes the same (or similar - it's essentially repeated a few times in different parts of the CBA) paragraph...then paraphrases its own summary paragraph with contradictory and uncited info:
https://hockey-graphs.com/2018/03/07...s-really-make/

Teams withhold the specified amount of a player’s cumulative salary and bonuses in each pay period (players are paid on a bi-weekly basis, which equates to 12 paychecks a season), that is calculated by multiplying a player’s earnings by the applicable escrow percentage for that period. Escrow is not directly deducted from a signing bonus payment though, the amount due from those bonuses is taken off salary payments throughout the season.

I'm not sure how they arrived at the last bolded sentence, but they still go on to say that a player's total compensation will still be subject to escrow eventually...I doubt it is actually done that way though, because there are a few examples where it would be really messy:

$7,040,000 SB of Tavares' $7,950,000 total salary last year. 17.2% escrow of that total is 1.6082M - nearly double his $910k base salary.


The only delicious conspiracy theory I can think of is that the owners didn't care because it didn't affect their bottom line (with linkage) since it's really just a pie-division issue for the players...but they'd have an amazing grenade to throw into the PA during the next bargaining by pointing out how much non-SB players have been subsidizing guys with big SBs.

Imagine if it was just 17.2% off Tavares 910k = $156 520. That leaves $1.45M for his brethren to cover. It starts to add up pretty fast when you add Matthews, Marner, Panarin, McDavid, Barkov, Karlsson, etc.