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How the lockout works

ESPN's Pierre LeBrun posited a handy-dandy lockout rules primer, and I'm sticking it here in TMR as it might be useful for Wings fans:

  • Players are barred from using any NHL team’s private facilities. So for most players that means having to get together and buy ice time elsewhere to continue their workouts.

 

  • Players will not be paid their 2012-13 salaries during the lockout. The first of 14 paychecks was expected in mid-October. On the flip side, players will get escrow checks from the NHL in mid- to late October, which counts for 8 percent of their 2011-12 salaries (they paid 8.5 escrow last season, but are getting 8 percent of it back). That’s a nice chunk of change for the players to get at the start of a lockout.
  • There is a small group of players, however, who will continue to receive their full NHL salaries: the injured ones. Any player injured in a hockey-related fashion is entitled to his full salary until he fully recovers and is deemed fit to play by team doctors. So, for example, guys like Chris Pronger or Mattias Ohlund will continue to get paid. The caveat here is a requirement for these players to seek out team doctors and follow their counsel.

 

  •  Players are free to play in other leagues once they’re locked out. The key for those players is to get insurance for their NHL contracts in case of injury while playing overseas.

 

  •  All signing bonuses will be fully paid regardless of the lockout. That’s why so many contracts over the past few months included signing bonuses. It’s guaranteed money in the bank regardless of a lockout.

 

  • Players who are 19 and under who are junior-eligible can still be sent back to their junior clubs.

 

  • Players cannot be traded during the lockout.

 

  • Clubs cannot make players appear at promotional events nor ask players to show up for training or conditioning camps.

 

  • If a player is injured while playing in another league during the lockout, an NHL club can suspend him without pay until he is fit to play.

 

  • Players who were bought out in a previous year and still have buyout payments due to them will continue to receive them during the lockout.

Filed in: | The Malik Report | Permalink
 

Comments

EDJ's avatar

I suddenly had the thought that maybe Lidstrom saw the lockout coming and so he retired. He always did see a few steps ahead…

Posted by EDJ on 09/14/12 at 11:15 PM ET

NIVO's avatar

I suddenly had the thought that maybe Lidstrom saw the lockout coming and so he retired. He always did see a few steps ahead…

Posted by EDJ on 09/15/12 at 12:15 AM ET

Agreed, very few times was he ever caught out of position.

Posted by NIVO from underpants gnome village on 09/14/12 at 11:17 PM ET

MsRedWinger's avatar

So Suter and Parise will each still get $10 million.  Didn’t they both get $10 million signing bonuses?  Well played by their agents…

Posted by MsRedWinger from Flori-duh on 09/15/12 at 08:28 AM ET

RWBill's avatar

Yes that was my thought, Minnesota ownership paid out $20 Million in bonuses.

Posted by RWBill from cruising Brush Street with Super Creepy Rob Lowe. on 09/15/12 at 08:53 AM ET

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The Malik Report is a destination for all things Red Wings-related. I offer biased, perhaps unprofessional-at-times and verbose coverage of my favorite team, their prospects and developmental affiliates. I've joined the Kukla's Korner family with five years of blogging under my belt, and I hope you'll find almost everything you need to follow your Red Wings at a place where all opinions are created equal and we're all friends, talking about hockey and the team we love to follow.