Kukla's Korner Hockey
by Paul on 07/20/05 at 07:09 AM ET
Under the league's new collective agreement, bonuses will be severely restricted and not just to entry-level players such as Sidney Crosby, the star of this month's lottery draft. According to several NHL team officials who are still sifting through the new agreement, players will no longer receive team bonuses, money that used to be paid out if a team recorded a specific number of wins or made the playoffs. Individual performance bonuses will be paid to players who have existing contracts (minus the 24-per-cent rollback) but players negotiating new deals will be subjected to limitations. For example, if a player leads the league in scoring or is voted the top goaltender, he will receive a bonus payment from the NHL. The standardized bonus money would not count against the individual team's cap of $39-million (all figures U.S.) but would instead count against the league-wide cap that guarantees 54 per cent of all revenue to the players.
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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.
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