NHL players expect to get escrow checks Wednesday Print
Written by Admin   
Tuesday, 30 October 2012 13:03
NHL Headline News

 TORONTO (AP) - Locked-out NHL players are expected to get back last season's escrow payment on Wednesday, a union spokesman says.
Players are set to be given 7.98 percent of what they earned last year, plus interest, on the day they were to have received their second paycheck of the currently delayed season.
The escrow payments will amount to about $80,000 for every million dollars a player earned, before deductions. For example, New York Rangers forward Brad Richards will gross approximately $960,000 after being the league's highest-paid player last season.
Under the terms of the recently expired collective bargaining agreement, players had a portion of their salaries deducted throughout the season and placed into an escrow account. Once the final accounting for the year was completed, which ensured the correct percentage of revenue was paid out in salaries, players were refunded accordingly.
 

NHL Team Pages

Top NHL Public Bets

View All: NFL |  NBA |  NCAAF |  NCAAB |  MLB |  NHL

NHL Futures

NHL TEAM CUP FINALS ODDS CURRENT
CHICAGO BLACKHAWKS 7/1
LOS ANGELES KINGS 10/1
BOSTON BRUINS 10/1
PITTSBURGH PENGUINS 12/1
ST LOUIS BLUES 12/1
ANAHEIM DUCKS 12/1
SAN JOSE SHARKS 14/1
NEW YORK RANGERS 16/1
TAMPA BAY LIGHTNING 16/1
MINNESOTA WILD 16/1
View All

Privacy Policy | Terms of Service | Contact Us | Advertising | 888-99-SPREAD

THIS IS NOT A GAMBLING SITE – If you think you have a gambling problem click here.

Disclaimer: This site is for informational and entertainment purposes only. Individual users are responsible for the laws regarding accessing gambling information from their jurisdictions. Many countries around the world prohibit gambling, please check the laws in your location. Any use of this information that may violate any federal, state, local or international law is strictly prohibited.

Copyright: The information contained on TheSpread.com website is protected by international copyright and may not be reproduced, or redistributed in any way without expressed written consent.

About: TheSpread.com is the largest sports betting news site in the United States. We provide point spread news, odds, statistics and information to over 199 countries around the world each year. Our coverage includes all North American College and Professional Sports as well as entertainment, political and proposition wagering news.

©1999-2013 TheSpread.com