Kukla's Korner Hockey
Money Lost
by Paul on 11/26/07 at 01:32 PM ET
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from Rand Simon of the Hockey News,
If Alfredsson does play under his contract through 2011-12, he will have earned a total of $26.6 million in salary (less any escrow) over the seven seasons since the lockout. Without the 24 per cent rollback, Alfredsson would have received $35 million during that time frame. So, including the $5 million lost from the 2004-05 season, the lockout cost Alfredsson $13.4 million in salary.
On top of that, Alfredsson has signing bonus payments in his contract and the lost rolled back amount is another $1.155 million.
In total, Alfredsson is potentially down more than $14.5 million. To make matters worse, it is worth pointing out that in August 2004 Alfredsson was getting $1.31 Canadian for every U.S. dollar earned and not the 98 or 99 cents he gets today.
Filed in: NHL Teams, Ottawa Senators, | KK Hockey | Permalink
Tags: contracts,
daniel+alfredsson,
ottawa+senators
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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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