Kukla's Korner

Kukla's Korner Hockey

Ask Seattle To Pay Ahead For Immediate Relief

from Larry Brooks of the New York Post,

If the NHL needs another $300 million in order to proceed with the 2020-21 season, and that is essentially what Sixth Avenue has represented to the NHLPA, why don’t Gary Bettman, Bill Daly and the Board simply ask Seattle to advance up to half of the $650 million expansion fee that is currently due before the Kraken’s inaugural 2021-22?

Wouldn’t that take care of it, and more appropriately, than the owners approaching the players with hands out claiming that the league had massively miscalculated the impact of the pandemic even though the league had run models calculating the impact of the pandemic before agreeing to a six-year CBA extension four-plus months ago?

I’m serious. The NHL claims it requires immediate relief beyond the 10 percent deferral and 20 percent escrow cap established for this season by both parties. It is asking for an additional 16 percent deferral and another 5 percent added to the escrow cap. If that is the case, why shouldn’t the relief be provided from within the capitalist circle of 32 owners rather than from labor?

Instead of asking, say, Scott Mayfield, who is scheduled to earn $1.2 million this year, for an immediate rebate that would amount to $242,400 (or 20.2 percent of his pay), Bettman and his wartime consigliere, Boston owner “Mr. Jacobs” should ask Seattle owners David Bonderman and Jerry Bruckheimer to float the league.

continued

Filed in: NHL Talk, | KK Hockey | Permalink
 

Comments

Be the first to comment.

Add a Comment

Please limit embedded image or media size to 575 pixels wide.

Add your own avatar by joining Kukla's Korner, or logging in and uploading one in your member control panel.

Captchas bug you? Join KK or log in and you won't have to bother.

Smileys

Notify me of follow-up comments?

Feed

Most Recent Blog Posts

About Kukla's Korner Hockey

Paul Kukla founded Kukla’s Korner in 2005 and the site has since become the must-read site on the ‘net for all the latest happenings around the NHL.

From breaking news to in-depth stories around the league, KK Hockey is updated with fresh stories all day long and will bring you the latest news as quickly as possible.

Email Paul anytime at pk@kuklaskorner.com