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NHL Investigating Chicago Blackhawks' Contract With Hossa
Headline Legal News | 2009/08/03 14:01
The NHL is investigating the contract between the Blackhawks and free agent Marian Hossa, according to a published report.

The Ottawa Sun reported Thursday night that the league is trying to determine if the 12-year, $62.8 million deal Hossa signed July 1 circumvents the collective bargaining agreement and salary cap.

Hossa's contract results in a $5.23 million cap hit each year over the length of the deal, but much of the money is to be paid up front, with $7.9 million annually for the first seven years and tapering down to $750,000 the final two years.

The NHL is investigating whether the Hawks discussed with Hossa the possibility the 30-year-old winger would retire before the contract expires, which would end the cap hit.

If you're having a contract problem, the Chicago contract attorneys at Brinkmeier Roth Law Group can help. They can also assist if you need a small business lawyer. Contact them today to set up a consultation.


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