NHL players don’t want to change 2020-2021 deferral / escrow rates

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NHL players do not want to change salary deferral / escrow rates from what was already agreed to in the new collective agreement reached in June, according to TSN Hockey Insider Pierre LeBrun.

The NHLPA held a call with members for 2.5 hours on Wednesday. The general sentiment around the call, according to LeBrun, was not to make a change to the already agreed cap of 20% on escrow and 10% on deferred payments for the coming season.

LeBrun adds that the NHL sees it as a timing issue. Players are only entitled to 50 percent of hockey income. The more they take this year, the more they owe (in debt repayments) in the years to come.

While this above statement is true, the NHLPA took all of this into account when it accepted the new ABC.

The NHL and NHLPA have targeted a January 1 start date for the upcoming season. Time is running out for both sides to come to some sort of agreement on the timeline, security protocols and flow of money as mentioned above.



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