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Jay Beagle and his two mortgages need the season to start

Dec 18, 2012, 4:45 PM EDT

Jay Beagle Getty Images

Jay Beagle never thought it would come to this.

In fact, the gritty Capitals forward (and Dale Hunter favorite) was so confident there wouldn’t be a lockout that he and his wife recently bought a second house.

“I thought because hockey was getting so popular, the HBO thing, the fan bases, the Winter Classic… especially in the U.S. with people getting so excited about the sport,” Beagle told CSNWashington.com last week.

“So I honestly didn’t think the owners would lock us out. I didn’t think it was going to come to that…I thought the season was going to start on time.”

Beagle and his wife, a nurse, aren’t exactly crying poor, but nor are they in a position to hold out forever.

“We’re doing fine but obviously it’s not ideal to buy a house because now we have a house back home (in Calgary) too that we bought a couple years ago. Two mortgages on one salary now. It’ll get tight eventually so we need the season to start,” he said.

The undrafted 27-year-old signed a three-year, $2.7 million contract this summer.

Be nice to earn some of it probably.

Related: Consider for a moment Dale Weise

  1. matt8204 - Dec 18, 2012 at 4:56 PM

    Get the boys together and tell them to end the madness!

  2. gmsalpha - Dec 18, 2012 at 5:12 PM

    How the heck is this even possible?

    $2.7m? Dude should have made a cash purchase. Why have a mortgage when you’re a millionaire?

    People never cease to amaze me.

    • blomfeld - Dec 18, 2012 at 5:45 PM

      Because interest rates remain at an all-time low and will likely stay at that level for the foreseeable future. Any return on equity from the outright ownership of a home, could today be easily bettered by a shrewd investment in either “short-term” Spanish debt or “gold-based” ETF’s. Notwithstanding that fact, I still retain no sympathy for this pampered “bourgeois” parasite.

      • badintent - Dec 19, 2012 at 12:10 AM

        Don’t forget the Spanish “pieces of eight ” that started a world economy , accepted in both Europe and the Far East as legal tender for trade. TD Bank has been reported for over 9 months that the housing sales over last year in Canada is off over 27 %(probably closer to 35%) . The dude should have invested his money in anything other than a house at this time.

      • blomfeld - Dec 19, 2012 at 1:09 AM

        May armies of attractive women and lakes of expensive wine now await the excellent poster “badintent” during the coming holiday season ! … inshallah :)

    • hockeyflow33 - Dec 20, 2012 at 1:45 AM

      Head down to your local community college and enroll in a finance class.

  3. vanchuk - Dec 18, 2012 at 5:15 PM

    @gmsalpha

    He just signed a 2.7mil 3 year deal this offseason. So a) he hasn’t received anybody that yet. And b) he won’t receive nearly 2.7mil over the next 3 years. After tax and agents fees he will get quite a but less than the 2.7. Especially considering how much of it he will lose this season, due to the lockout

  4. ducksk - Dec 18, 2012 at 5:37 PM

    $10k from the union a month don’t go far. We need to hear from guys like this.

  5. dprouse - Dec 18, 2012 at 6:03 PM

    Do you think Beagle is the only rank and file player who is hurting financially? There are lots of them – bet on it. You can also bet that Don Fehr dies a little inside every time one of these stories hits the media, as it weakens his bargaining position even further. This is why the NHL is going to keep squeezing right until January 10th or so – by then, a lot more Jay Beagles will have contacted the union and told them to go get a deal.

    It has been said over and over – in a war of attrition between millionaires and billionaires, bet on the billionaires…

    • hockeyflow33 - Dec 20, 2012 at 1:46 AM

      People who says things like “billionaires versus millionaires” or “wall street versus main street” should immediately be kicked in the groin.

  6. blakkjack21 - Dec 18, 2012 at 9:11 PM

    Lot more Jay Beagles out there than Sidney Crosbys…and the NHL knows it!!! Fehr will have no choice, he’ll have to go crawling back to the table.

  7. manchestermiracle - Dec 19, 2012 at 12:44 AM

    It sure sounds like a lot of fans on this site are hoping the players cave to the owners just so said fans can have hockey back. It’s no longer about principle, just selfishly wanting the NHL season to start, no matter how badly the players get hosed yet again.

    Yes, there are lots of people hurting because the owners chose to lock out the players over money and their own poor decisions, from the last CBA to the current contract idiocy. Most of those folks, from 3rd- and 4th-line players to all the arena support troops, had nothing much at all to do with this fight over the almighty dollar (Canadian or US) except for the bad luck of being associated with the suits who run the NHL.

    But if this current CBA negotiation goes the way the last one did, what’s to stop the owners from repeating the whole thing once a new agreement has to be negotiated? The NHL isn’t solving its problems by grabbing more of the pie, they’re just trying to patch the wounds with money. The leaks in the boat aren’t going away just because you built another deck, but the laborers down below who keep your whole charade functioning will certainly drown.

  8. killerpgh - Dec 19, 2012 at 2:02 AM

    If he wasn’t prepared for there to be a lockout maybe Aaron Asham hit him harder than we thought – http://m.youtube.com/watch?v=ViXFcV0iEKE

  9. id4joey - Dec 19, 2012 at 7:45 AM

    Sarcasm alert. Holdout boys to show these owners you’re not going to put up with this non sense. If not for yourselves, do it for the unborn kids who will, one day be the stars of the NHL. Lose millions now to secure the future of others.

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