Who do the Oilers buyout? (If anyone)
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01-10-2013, 01:12 AM
Join Date: Jul 2008
Originally Posted by
The Big Unit
To accomplish the "make whole," each Players' pro-rata "make whole" will be determined for the first two years of the Agreement and will be paid to each Player as a Deferred Compensation benefit over the life of the Player's existing SPC. For those Players whose contracts expire after the 2012/13 season, the benefit will be paid when final HRR is determined for this season (in October/November 2013).
Player "make whole" payments will be accrued and paid for by the League, and will be chargeable against Players' Share amounts in future years as Preliminary Benefits.
Does this mean that the players will eventually pay for the make whole money in future years?
Seems to me like that's a whole lot more money for guys at the end of their careers paid for by guys who will be around a while.
Definitely gives the appearance that the 'leadership' of the NHLPA sold out the young guys on their teams for personal gain.
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