8 NHL coaching staffs still working for reduced pay amid COVID-19 crunch

[transplant99]

Anaheim Ducks: A 20 per cent reduction for salaries of $75,000 to $250,000, increasing to 25 per cent reduction for salaries north of $250,000.

Columbus Blue Jackets: A 20 per cent reduction for all staff, effective Oct. 15, 2020.

Detroit Red Wings: A 20 per cent reduction for all staff over $75,000, effective Jan. 9 until July 1, 2021.

Edmonton Oilers: The top three coaches deferred 25 per cent; 25 per cent reduction for salaries of $150,000 or more; 15 per cent reduction for salaries of $100,000 to $150,000; 10 per cent reduction for salaries under $100,000.

Los Angeles Kings: A 20 per cent deferral for all staff that will be repaid when fans return to Staples Center, effective Oct. 1, 2020; previous 20 per cent reduction prior to Sept. 30 will not be repaid.

Minnesota Wild: A 20 per cent reduction for all staff over $150,000, effective Sept. 1, 2020.

Montreal Canadiens: A 20 per cent reduction for all staff effective Oct. 1, 2020. (Prior to Sept. 30, 2020, it was a 20 per cent deferral for all staff to be repaid when fans return to Bell Centre.)

Nashville Predators: Operating at reduced pay of 2019-20 salary rate; Coaches forewent scheduled salary increases for the 2020-21 season until fans return to Bridgestone Arena rather than take a pay cut.

https://www.tsn.ca/eight-nhl-coachin...unch-1.1580891

[Enoch Root]

So the highest paid guys in EDM are only deferred, but the lower paid guys actually have their salary reduced...

E=NG

[topfiverecords]

Originally Posted by Enoch Root

So the highest paid guys in EDM are only deferred, but the lower paid guys actually have their salary reduced...

E=NG

Might be 25% deferred and 25% reduction not getting paid back.

Cost of living in Edmonton is so low, doesn’t really matter.

[Samonadreau]

In Detroit if you make 70k your better off then the guy making 85k

[SportsJunky]

nm

[Dan02]

there was no way that Edmonton was not going to be on this list.

[Cecil Terwilliger]

Originally Posted by Samonadreau

In Detroit if you make 70k your better off then the guy making 85k

These are typically capped. So the guy making 85k only got dropped to 75k.

[Boreal]

It’s almost like the Oilers are...

No.
Good.

[Locke]

Originally Posted by Enoch Root

So the highest paid guys in EDM are only deferred, but the lower paid guys actually have their salary reduced...

E=NG

They're going to love paying those guys after they're fired. That is going to be a fun process.

[Eric Vail]

Originally Posted by Dan02

there was no way that Edmonton was not going to be on this list.

It is too bad the Oilers owner is so cash strapped he can't afford to pay his employees.

Let me look him up:

Daryl Katz Chairman, Rexall Health

REAL TIME NET WORTH $3.6B as of 1/22/21

• Daryl Katz amassed a fortune in the pharmacy business, buying the Canadian rights to U.S. franchise Medicine Shoppe in 1991.
• A few years later he snatched up struggling Canadian drugstore chain Rexall, then expanded to the U.S. market.
• Katz, the son of a drug store owner, has since sold off all of his pharmacy operations, pivoting his Katz Group to real estate and entertainment.
• He has been co-developing a $2 billion, 25-acre complex in Edmonton's downtown that will include offices, condos and retail, among others.
• Katz also owns his native city's NHL team, the Edmonton Oilers.

https://www.forbes.com/profile/daryl...h=2dbb91542ed4

$3.6 billion. Maybe he is saving up to buy a pipeline.

[Finger Cookin]

Lots of businesses who rolled back wages probably kept the roll backs in place as permanent cuts, lots of others probably restored wages and salaries but never gave back the deferred money.

[Sylvanfan]

Originally Posted by topfiverecords

Cost of living in Edmonton is so low, doesn’t really matter.

Nobody lives in Edmonton because they want to. Your soul dies a little bit each day that you live here. It might not cost you money...but it costs you something much more valuable.

[Locke]

Originally Posted by Finger Cookin

Lots of businesses who rolled back wages probably kept the roll backs in place as permanent cuts, lots of others probably restored wages and salaries but never gave back the deferred money.

Well...yes. Very likely. But it should be pointed out that at this juncture we're not out of the woods yet.

The NHL still doesnt have fans in the stands, so its not like its 'Business as Usual' for them yet either.