Snapshots: League Finances, Summers, Seattle

The NBA will be financially assisting each of its teams to the tune of $30MM this season, according to a report from John Lombardo in the Sports Business Journal. The report indicates that the league will issue cash payments to their teams, and Emily Kaplan of ESPN tweets that the NHL is working on a similar plan.

Though it’s not clear what amount the NHL would distribute, it obviously will be trying to get all 32 teams through the current financial climate without any major issues. That 32nd team, Seattle, is basically doing the same thing as the league, splitting a $650MM expansion fee between every team except the Vegas Golden Knights (who will be left out of the expansion draft).

• Speaking of Seattle, The Athletic has been releasing their fifth mock draft today, examining each team specifically and what they might give up to the expansion franchise. The New York Islanders piece by Arthur Staple in particular is an interesting read, with Jordan Eberle, Semyon Varlamov, Nick Leddy, and others all left unprotected. The Kraken may not be as loaded as the Golden Knights were right off the bat, but there will still be many talented players available after this season concludes.
• Chris Summers has decided not to return to the Nurnberg Ice Tigers for 2020-21, telling the team he did not wish to travel during the current COVID-19 crisis. Summers’ contract has been terminated, making him an unrestricted free agent. The 32-year-old defenseman is a longtime AHL veteran that only took his game overseas last year and has played more than 500 games at the minor league level.