Corey Perry Forced To Pay Millions To Blackhawks After Contract Termination

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Hunter Bowman
December 4, 2023 (1:13 PM)

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Recently released by the Chicago Blackhawks, Corey Perry now faces a possible financial setback. Following an internal investigation, Perry owes the Blackhawks over $1 million due to an overpayment during his time with the team, although specifics about the incident remain undisclosed.

Chris Johnston of TSN revealed that Perry's contract termination, which occurred after approximately 25% of the season with the Blackhawks, leaves him owing the team money. Originally set to receive $1 million from the Blackhawks, Perry received a $2 million signing bonus over the summer, creating a situation where he owes money back to the organization.

"Perry has 60 days to decide if he wants to file a grievance via the NHL Players' Association. The matter remains under review, according to a union spokesman. Should he elect to go that route, it would be an exercise in preserving his earning power."

"Perry is entitled to keep approximately $1 million of his $4 million salary after spending roughly 25 percent of the season on the Blackhawks roster prior to having his contract terminated, which means he technically owes money back to the organization because he received a $2 million signing bonus over the summer."

With Perry entitled to retain around $1 million of his $4 million salary after spending a quarter of the season on the Blackhawks' roster, the decision to file a grievance through the NHL Players' Association becomes crucial for safeguarding his earning potential.

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However, this route may expose the details of the situation to public scrutiny.

Source: Hawksinsider