Kukla's Korner Hockey

Kukla's Korner Hockey

Players Financially Prepared For Lockout

10/04/2012 at 8:35am EDT

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.”

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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.

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