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Actual quote from real-live NHL deputy commissioner Bill Daly in an interview with Michael Russo of the Minneapolis Star Tribune. I swear this is a thing he said to another person.
"It's not a feature of our system that every player is guaranteed every dollar he contracts for."
That's not the kind of quote you want getting splashed around by, say, a well-known and very vocal player agent. Say, one with 22,150 followers or so. Which of course is where I first saw it. What Allan Walsh didn't tell his followers — and really, why would you or anyone else be surprised by this? — is that what Daly was talking about was not, in reality, the league's desire to roll back salaries 19 or 20 percent (a figure Daly writes off as being inaccurate, by the way, not that you can trust anything anyone on either side says as far as you can throw them).
In point of fact, Daly was talking about escrow. What he meant, more or less, was that the current structure of the league and players' association's collective bargaining agreement has, built into it, a stipulation that says players will have to set aside X number of dollars if conditions Y and Z are not met, and that therefore, if a player were to sign a contract for $1 million a season, he is not explicitly guaranteed every cent of that money because part of it will be held in escrow.
It's not the hardest thing in the world to follow, but that's a pretty nuanced argument. The average fan, or even the diehards, do not have a knowledge of how the CBA determines escrow payments and withholdings, and most probably don't know what escrow is unless they read about this stuff every day.Read More »from Trending Topics: This is the kind of thing you shouldn’t say in a labor war