Kukla's Korner Hockey

Kukla's Korner Hockey

It's Going To Be About The Money

11/17/2020 at 6:35pm EST

from Larry Brooks of the New York Post,

The NHL is seeking financial concessions in the form of a 13 percent deferral on 2020-21 pay from players as an opening gambit in Return to Play negotiations for the 2020-21 season, multiple sources have told The Post.

It is unclear how the NHLPA, which agreed to a 10 percent deferral in the six-year collective bargaining agreement extension agreed upon by the parties just over four months ago in early July, will respond. Escrow will be capped — and set — at 20 percent for the season.

It is also unclear whether the request represents an ultimatum or if it is the board’s initial position for a negotiation apart from the season’s format and pandemic-related protocols. The original 10 percent deferral is due to be repaid in three equal installments (without interest) in October of 2022, 2023 and 2024.

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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.

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