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Escrow tops NHL players’ list of concerns ahead of CBA talks

Sports

Losing upward of 10% of their salaries to escrow is something players want to fix.

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Olympic participation, health care and hockey-related revenue are all considered important topics for NHL players going into a key period of labor talks.

But an overwhelming majority of NHL Players’ Association representatives surveyed by The Associated Press and Canadian Press name escrow as the biggest issue in collective bargaining talks.

Under the labor deal, NHL owners and players divide hockey-related revenue 50/50, and if player salaries exceed that split a certain percentage is withheld in escrow to make it even.

According to the AP/CP survey, 25 of 31 union representatives call escrow the biggest bargaining issue.

Owners and players face separate September deadlines to terminate the current CBA effective the fall of 2020. Losing upward of 10% of their salaries to escrow is something players want to fix.


More AP NHL: https://apnews.com/NHL and https://twitter.com/AP_Sports

(Copyright 2019 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

06/16/19 13:00:04 (GMT -4:00)

Copyright 2019 Nexstar Broadcasting, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.