Kukla's Korner Hockey
by Paul on 12/07/09 at 06:47 PM ET
from Ken Campbell of The Hockey News,
If I’m an NHL player, I’m not counting on getting any escrow payments back this season. In fact, the way things are looking, they might even need to sock away some more for when the nasty escrow man comes calling after this season.
When the NHL set this year’s escrow payments at 18 percent, it must have been looking at its own dismal attendance figures. Last year, players paid 12.9 percent of their salaries in escrow, which meant they gave more than $207 million back to their employers.
But if bums in the seats are any indication, things aren’t about to get better anytime soon, either for the league or the players. That’s because attendance, which is by far the league’s most prominent cash cow, is trending downward in almost every way imaginable.
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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.
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