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CFL Players’ Associationsays it’s secured financial assis
作者: 发布日期:1970-01-01
陌陌女号购买There will be no pro football in Canada in 2020, but the CFL Players’ Association says it has secured its membership some financial help. 陌陌小号购买The union told players in a memo Wednesday those under contract will receive wage subsidy from July through December. The CFLPA added the benefits could go beyond that if the Canada Emergency Wage Subsidy (CEWS) is extended. 陌陌站街号The CFLPA also says CFL players will have their medical coverage extended through to the start of training camp in 2021. Read more: CFL 2020 season officially cancelled Those are significant developments for CFL players. The league cancelled the 2020 season Monday after being unable to secure a $30-million, interest-free loan from the federal government. The union also said CFL players in the final year of their deals can be released immediately if they wish. But those that are won’t be entitled to “the ongoing medical coverage.” Story continues below advertisement 1:52 CFL punts 2020 season as league cops huge pandemic hit CFL punts 2020 season as league cops huge pandemic hit Calgary linebacker Nate Holley, the CFL’s top rookie last season, has exercised that right and was released Wednesday to pursue NFL opportunities. While the CFL did not secure a loan from Ottawa, it has been receiving government aid. Two sources familiar with the situation told The Canadian Press on Wednesday that the league was to collect between $7 million and $9 million in wage subsidy from March to August. And if the program remains intact, that number could climb to as high as $12 million by year’s end. Read more: Blue Bombers’ Bighill, Stampeders’ Mitchell say with no season, CFL has a chance to improve One of the sources said if the CFL had staged a shortened ’20 season, it was expecting to generate as much as $45 million in revenues. But even with that, the league was destined to incur substantial financial losses in 2020, expected to be at least $50 million. Story continues below advertisement The CFL didn’t immediately respond to an interview request. The CFL is one of many businesses accessing the wage subsidy program. The government says the CEWS has provided $27.53 billion in subsidies to more than 290,000 employers. 1:05 CFL announces 2020 season officially cancelled CFL announces 2020 season officially cancelled CEWS is aimed at helping employers protect jobs and rehire by covering 75 per cent of an employee’s wages (up to $847 weekly) for businesses hit hard by the pandemic. 陌陌实名号购买The funds for the CFL are reportedly earmarked to pay coaches, football and business operations staff. Read more: Saskatchewan Roughriders to lose $10M due to cancelled CFL season: CEO The sources were granted anonymity because neither the CFL nor the federal government have divulged details of the loan request or CEWS information.

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