On the young stars getting paid tip...

[Scholes]

With all the recent hype over LeBron/Freedy Adu/The 3 year old basketball kid, etc., I heard another interesting case of the young man making dough.

Earlier this year there was a thread about Sidney Crosby, labeled as "The Next One" by many NHL scouts. He played at a private hocckey school in Minnesota last season, and was recently drafted #1 overall in the Quebec Major Junior Hockey League draft, where the best of the best 17-20 year olds play, if they're not already in the NHL. He's 15 by the way.

Anyway, I'm an equipment buyer for a hockey store in Minnesota and was talking with a sales rep from Sher-Wood, whose main line is hockey sticks for those unfamiliar, and he mentioned that Sher-Wood just signed this 15 year old to a 5 year, 5 million dollar contract.

I questioned his amateur status, but I guess there are loopholes like deferred payments, incentives, etc.

Just another to add to the list.

[Cards4ever]

Hmmm, I'd like to find out more about that, I've never heard about that before.

[rexallllsc]

I don't know about endorsement deals, but I do know that if you play Jr. A in Canada, you can't go play college hockey after that...so they probably receive a small stipend (I got cut, so I never go to find out :/)

[rexallllsc]

BTW, you guys remember Lindros' big endorsement deal w/ Score, right? Maybe they have to sponsor the whole team or something???

[tucker342]

Eric Lindros played Baseball!?!?!?!?! That's hilarious

[Cards4ever]

Originally posted by rexallllsc
I don't know about endorsement deals, but I do know that if you play Jr. A in Canada, you can't go play college hockey after that...so they probably receive a small stipend (I got cut, so I never go to find out :/)

That's a excellent point.