Jul 31, 2013, 11:09 PM EDT
It’s not just vacation fun and games for the NHL Players’ Association during the summer, they’re taking care of some business as well.
The union announced they were increasing the amount they annually give to the Senior Retired Players Fund by $1 million. That increases their annual payout to $6 million to retired players 65 years-old or older.
The fund was started after the settlement of the 2004-2005 lockout to help older players, some of whom had fallen on hard times in later years. According to the union, over 350 former players get a cut of the money.
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- Sharks sign Joel Ward to three-year deal 16
- Sabres lock up O’Reilly through 2022-23 56
- Locked in: Columbus signs Saad to six-year, $36M deal 25
- Oilers sign McDavid to entry-level contract 24
- ‘Hawks would like to re-sign Oduya, but still working through ‘financial hurdles’ 17
- Trade: Caps acquire Oshie from Blues for Brouwer, Copley and draft pick 73
- Voynov takes plea, gets 90 days in jail plus probation 60
- Curtains on Broadway: Martin St. Louis calls it a career 36
- Discuss: Where’s the best fit for Alex Semin? 23
- Blockbuster: Kessel traded to the Penguins (131)
- Trade: Flyers send Rinaldo to Bruins for 2017 third-rounder (105)
- Trade: Jackets land Saad; Anisimov and Dano headed to Chicago (93)
- Bypassing a buyout? Kings terminate Richards’ contract for ‘material breach’ (90)
- Trade: Caps acquire Oshie from Blues for Brouwer, Copley and draft pick (73)