2012 CBA & Re-alignment: Lockout in Effect. Thanks Gary/Donald! PART II
View Single Post
10-17-2012, 12:31 PM
Join Date: Jan 2004
Originally Posted by
As I read it, the players will be paid any deferred payments in the later years of their contracts. So in theory, they would be completely repaid by the end of the contract (or in the case of your contract being up, you'd be repaid in the following year). They wouldn't receive these payments after they retire as you allude to. Of course, that's how the NHL states it but it does leave some room for interpretation. If revenue doesn't grow at a high enough rate there may not be enough money to pay out the deferred payments.
If a player retires at the end of his contract, he will be getting paid the final deferment, the following year, when he is in fact in retirement, correct?
The language leaves a lot to be interpreted, which is why I'm sure the NHLPA has questions.
View Public Profile
Mr Jiggyfly's albums
Visit Mr Jiggyfly's homepage!
Find More Posts by Mr Jiggyfly