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BREAKING: Chicago Blackhawks Punished Millions of Dollars for Terminating Corey Perry
In breaking news, new details of the punishment the Chicago Blackhawks will face for terminating Corey Perry have been revealed.
Corey Perry to Be Paid Majority of Contract By Blackhawks After Termination
When the Chicago Blackhawks terminated Corey Perry at the beginning of the season, all hope seemed to be lost for the veteran, and all signs pointed to an early end to his season. However, after the NHL gave him the okay to play again this year, and the Edmonton Oilers signed him to another deal, hope was restored.
Further, the NHLPA took it upon themselves to threaten a grievance on Perry's case. Now, it has been revealed that Perry will be paid 3 out of the 4 million dollars of his contract with the Blackhawks.
Our understanding of Perry termination/grievance resolution is #Blackhawks were assessed $1.99M Cap Charge for period after termination.
On top of the $1.02M cap charge while with team, CHI total cap charge will be $3.01M of Perry's original $4M contract
On top of the $1.02M cap charge while with team, CHI total cap charge will be $3.01M of Perry's original $4M contract
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That is a massive penalty that the Blackhawks will have to pay as a result of terminating his contract, essentially buying him out. Without the details on the event, though, it is hard to pass judgment.
This is likely the last of the Perry saga, and now both parties will be able to put it behind them.
As seen on Blade of Steel - "Chicago Blackhawks given severe penalty as a result of Corey Perry's contract termination"
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