Article 28
Player Finish and Other Monetary Awards

          (a)  As long as the League continues to be structured
in four (4) divisions, awards for order of finish (based upon
points earned during the regular playing season)(on the basis of
21 shares per team) shall be:

          (i)  Each player on the Club with the most points in
each of the four (4) divisions shall receive $5,000 (native
currency).

          (ii) Each player on the Club with the second most
points in each of the four (4) divisions shall receive $2,500
(native currency).

A player who was a regular player on the Club roster during the
season shall be entitled to a share of the finish money based on
the fraction of number of games he played. Credit for games
played shall include dressed, injury and sickness.

          (b)  A single lump sum payment shall be made by the NHL
to the players on account of Stanley Cup playoff participation
(the "Player Fund") in the following amounts:

          for 1994/95         $ 9,000,000
          for 1995/96         $10,000,000
          for 1996/97         $10,000,000
          for 1997/98         $11,000,000
          for 1998/99         $11,000,000
          for 1999/00         $12,000,000

The Player Fund shall be paid in mixed (United States and
Canadian) dollars in the same proportion as the number of games
played in the United States are to the number of games played in
Canada.

The allocation of the Player Fund to the various playoff rounds,
team finish and other awards shall be determined by the NHLPA,
subject to approval by the League.

Players on each Club shall vote on how the club's share of the
Player Fund shall be divided among the players on that Club.

          (c)  A player who is brought up after the trading
deadline and remains with the Club during the playoffs shall be
entitled, in lieu of the foregoing amounts, to be paid:

                 hotel accommodation
                 NHL meal allowance
                 Standby fee of:  
                              $225 for 1994/95
                              $250 for 1996/97
                              $275 for 1997/98
                              $275 for 1998/99
                              $300 for 1999/00
     (d)  In addition to the awards set forth in subsections (a)
and (b) of this Article, other individual trophy and All-star
team awards shall be made by the League in an aggregate amount
that will not be less than $85,000, which amount will be
allocated as follows:

          Hart Memorial Trophy
               Winner           3,000
               Runner-up        1,000
          Calder Memorial Trophy
               Winner           3,000
               Runner-up        1,000
          James Norris Memorial Trophy
               Winner           3,000
               Runner-up        1,000
          Art Ross Trophy
               Winner           3,000
               Runner-up        1,000
          Vezina Trophy
               Winner           3,000
               Runner-up        1,000
          Lady Byng Memorial Trophy
               Winner           3,000
               Runner-up        1,000
          Frank J. Selke Trophy
               Winner           3,000
               Runner-up        1,000
          Conn Smythe Trophy
               Winner           3,000
          William Masterton Memorial Trophy
               Winner           3,000
               Runner-up        1,000
          Lester B. Pearson Award
               Winner           3,000
               Runner-up        1,000
          All-Star Team
               1st             $5,000 (6 players)
               2nd              2,000 (6 players)
          William Jennings Trophy
               Winner           3,000
               Runner-up        1,000

          (e)  Players playing on a Club that wins the
President's Cup (first place overall in regular season finish)
shall be paid by said Club one-half of the award money won by the
Club, allocated on a pro-rata games-dressed basis.  (For example,
where President's Cup award to Club is $200,000, Club shall
distribute $100,000 to all players who dressed during the Club's
82 regular season games.  Thus, for each of the 82 games,
approximately $1,220 would be divided among the players dressed
for said game.)

Back to NHL CBA Main page.