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smithers joe

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smithers joe last won the day on September 2 2017

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About smithers joe

  • Birthday 09/24/1938

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  1. how does it work? if the teams only play 41 games, do players get payed, half their salaries? if so, what is the big deal with the league and players?  

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    2. luckylager

      luckylager

      The owners need to look at it as a long term investment in their brand, or a massive marketing expense maybe.

      Either way they choose to write off the loss, they owe it to the fans.

       

      If players want to opt out of the season due to health concerns I think they should be able to do that, but like we saw with the playoffs, I think most players would choose to play a half season for less $ per game than in pre-covid times.

    3. mll

      mll

      This is currently being discussed between the NHLPA and the NHL.  In the CBA MOU it was agreed that escrow would be 20% and that players would defer 10% of their salaries.  The players expect to receive that amount regardless of the number of games played - no pro-rata.  

       

      Players will likely have to agree on further concessions though.  Owners are struggling with cash flow.  They are now asking to defer an additional 16% of salaries and increase escrow.   

       

      The more the players take now the more they'll have to pay back to owners.  There is a 50/50 split of revenue and player salaries are going to be significantly more than their 50% share so they'll have to pay the excess back over time. They owe that amount collectively so older players probably prefer to push the losses down the road and have the future generation pay for it.

       

      The shorter the season the lower the revenue.  This coming week is going to be critical if they wish to meet the target 1 January start date.  The playoffs have to be completed by mid-July because of the Olympics.  Several TV deals are dependent on a number of games played otherwise there are penalties.  

    4. Phil_314

      Phil_314

      Pro-rating (paying by the proportion of games played relative to the full length of the season) isn't the issue.  Mats Sundin did that when he signed to play here.

      The problem, as others have mentioned, is deferral upon deferral.  

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