Kukla's Korner

Kukla's Korner Hockey

Money Lost

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.

read on

Filed in: NHL Teams, Ottawa Senators, | KK Hockey | Permalink
  Tags: contracts, daniel+alfredsson, ottawa+senators

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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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