View Single Post
Old
07-12-2013, 11:10 AM
  #81
CSKA1974
Registered User
 
CSKA1974's Avatar
 
Join Date: Feb 2010
Location: Flyerville
Country: Ukraine
Posts: 2,709
vCash: 500
Just a little addition to Kovy saga

Below is my translation of Kovalchuk mother's comment published on allhockey.ru:

She confirmed that paychecks to the players were delayed and also said this: "there are some serious limitations for all the teams after the lockout. They also withhold 20% of their salaries for so called escrow account. That money may not be refunded if the NHL underachieves in profit. There is also 50% federal tax withholding. Therefore one is getting only $3 million in real money out of every $10 million on the contract. That what tipped the scales toward return to Russia."

CSKA1974 is offline