from Larry Brooks of the New York Post,
The NHLPA held a membership-wide conference call Friday in which the players essentially decided to defer a decision on how to handle upcoming crushing escrow losses until a verdict on this season is rendered, per a source who participated in the give-and-take.
As we reported Thursday, the league has informed the union that cancelation of the season could mean a revenue loss of up to $1 billion. That would translate to approximate escrow losses of up to 35 percent per player.
If there is nothing the union can do about that, and it seems to be locked in by the collective bargaining agreement 50-50 partnership on hockey-related revenue, the players are sure going to want to hold next year’s number down as much as possible, which is why it is impossible to predict what that cap might be, and what the personnel fallout might be across the league.
more, plus items like this...
... do you know whose ownerships have generally escaped scrutiny as the impact of the coronavirus moves at warp speed through society and we careen from one trauma to the next?
The ownerships of the Sharks, Blue Jackets and Capitals, that’s who.
Despite the fact the Santa Clara County public health officials recommended canceling sporting events, the Sharks opened their gates and played a March 5 home game against the Wild that had an attendance of 14,517...
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