An arbitrator has ruled that the Vancouver Canucks owe Mark Messier six million dollars, because apparently they drew up a very complex contract when he signed with them in 1997.
When reading the original reporting from Brad Ziemer of the Vancouver Sun, the first thing that jumped out to me was what Mark Messier was earning – his deal was for five years at six million per. Doesn’t that seem like an awful lot for 15 years ago? I suppose there wasn’t a salary cap then, but still, I don’t remember dollars like that being thrown around.
The Canucks bought Messier out after three seasons, as they had written in a provision that said they could do so for a flat two million dollars. Messier then went back to the Rangers where he finished his career.
So, that’s all fine and dandy – he got paid for those three seasons, got bought out, what’s the problem? Read the rest of this entry »