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The Art Of Salary Re-Allocation
by Paul on 08/07/07 at 05:24 PM ET
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from Allan Muir at Sports Illustrated,
It’s time to tap on the breaks there, sports fans. The Penner signing was not the seventh sign of the impending apocalypse. In fact, we’re not seeing salary escalation so much as salary re-allocation.
Semantics? Maybe, but it’s an important distinction.
Yes, it appears the average annual paycheck will hit $2 million this season. That’s about 10 percent higher than the pre-lockout average of $1.8 million, and further proof that an NHL job is nice work if you can get it. But it’s not the amount, it’s how the money’s being spent that should be the focus. That’s because, the Todd Bertuzzi signing (two years, $ 8 million) aside, dollars are being dished more wisely than ever.
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