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Players Financially Prepared For Lockout

from Paul Waldie of the Globe and Mail,

Here’s one reason the NHL lockout might last longer than many fans expect; many players are in surprisingly good financial shape thanks to months of preparation by their financial advisers.

“The players are in a much better situation this time than during the last lockout just because history taught not only us, but them, how to prepare for such a possible scenario,” said Darwin Schandor, who leads Royal Bank’s sports professionals team, which advises hundreds of athletes, coaches and team executives. “I haven’t seen too many of our player clients in a situation of worry or concern as it relates to their affairs.”


Filed in: NHLPA, | KK Hockey | Permalink


Red Winger's avatar

A week from today is when it is really going to hit home.

We (Wings fans) waited since late-April for…this???

Posted by Red Winger from Sault Ste Marie, MI on 10/04/12 at 09:57 AM ET

TheFreak's avatar

Well, gee. If players are in much better shape financially, does that mean they’ve been greedy too?

Posted by TheFreak on 10/04/12 at 11:54 AM ET

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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.

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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