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Arbitrator Rules In Favor Of Holik & Ortmeyer
by Paul on 05/28/08 at 09:51 AM ET
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from TSN,
Sources tell TSN that the New York Rangers will have to pay former Ranger and current Atlanta Thrashers forward Bobby Holik $3.5 million over a contract dispute in 2004-2005.
Because of the lockout that wiped out the 2004-2005 season, the Rangers argued that Holik needed to play to earn his signing bonus.
An arbitrator disagreed and made the ruling in favor of Holik and Jed Ortmeyer, who the Rangers will also have to pay an undisclosed amount.
Filed in: NHL Teams, New York Rangers | KK Hockey | Permalink
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If it’s a signing bonus, then why wouldn’t he be owed that. He signed the contract. If it was a performance bonus, then maybe they’d have a beef.
Posted by Shane from Saskatoon on 05/28/08 at 10:44 AM ET