Kukla's Korner

Kukla's Korner Hockey

Making Money

from the CP via TSN,
League-wide revenues have remained strong throughout the course of the NHL season and will surpass initial projections by some $300 million US, players agents were told Wednesday in a meeting with the NHL Players' Association.... It's great news for the players, who will not have to pay any escrow this season as salaries will have not taken more than 54 per cent of revenues. In fact, there's a good chance owners may owe additional money back to the players once the final figures exceed $2.1 billlion. "Terrific news," said veteran agent Don Meehan of Newport Sports. "It's very positive in relation to our new system and our new CBA. The news that we got today indicates that it's a system that works. And that's a product of all the hard work from Ted and his executive board."
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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.

Email Paul anytime at pk@kuklaskorner.com

 

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