Earlier this week TSN’s Rick Westhead reported that NHL players finally received their share of the 2016 World Cup of Hockey profits. The World Cup ended in September 2016, and while prize money was doled out on time, the profits only just became available to players. The delay in paying players was first raised by NHLPAÂ Executive Director Don Fehr this summer during the NHLPA’s annual charity golf tournament.
The NHL and the NHLPA agreed to split profits 50/50. After calculating all costs and expenses, the partnership garnered $44MM USD in profits. The NHLPA was entitled to $22MM of those profits, and would divide them amongst the players. That is slightly above previous calculations made by the Hockey News in November 2016.
Westhead reports that players who participated in the World Cup received $86K USD (before taxes) while those who did not received $10k. According to Westhead, after taking into account taxes, some players netted less than $5K (non-participants) or less than $50K (participants). That essentially works out to a 70/30 split between participants and non-participants.