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12-09-2012, 06:33 PM
Join Date: Aug 2010
Location: Gibbons, Alberta
Originally Posted by
The thing is all that money isn't guaranteed, it's the amount they make if the revenues are matched from last year, if the revenues dip any lower than that they give up whatever deficit in revenues they ran from the last year.
Basically if you are promised $10 if the league makes $20 (50/50), you put in $2 of your $10 into the escrow account. The league only makes $18, you only get $1 out of the two you put into your escrow account since you didn't match revenues from the previous year. You get $9 instead of $10, the league gets the other $9. It could make a very big difference.
Obviously that's an incredibly simplified version of what could happen, but I bet there isn't any player who would be very thrilled with losing 10% of their contract value because revenues weren't high enough.
That's stuff I wasn't aware of. I guess if there's more to it than the simple way I was looking at it then maybe the players would take a little more heed. I'm still thinking it would put more pressure on the owners at this point regardless. I'd love to be wrong though.
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