Kukla's Korner Hockey
And Why Was There A Lockout…
by Paul on 02/16/08 at 02:56 PM ET
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from Tim Wharnsby of the Globe and Mail,
Well, it’s official. In only the third season since the 2004-05 NHL season was cancelled because of the lockout, total salaries for NHL players already have surpassed the total league-wide payroll at the 2004 trade deadline. In March 2004, the 30 NHL clubs combined to pay its players a total of $1.34-billion in salaries.
Even with the 24 per cent salary rollback that the players surrendered during the lockout and the salary cap ($50.3-million this season), the total amount that will paid out to players in 2007-08 will be approximately $1.4-billion, a $60-million increase.
Filed in: NHL Teams, NHL Talk, NHL Business of Hockey | KK Hockey | Permalink
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