Mark Walter Group and Billie Jean King Enterprises buy up the Professional Hockey Federation to jump-start the Professional Women’s Hockey Players’ Association
Organizers announced plans Friday to launch a new women’s professional hockey league in January that they hope will provide a stable, economically respectable home for the sport’s top players for years to come.
The agreement ends a long standoff between the seven-team Professional Hockey Federation and the PWHPA. The latter group includes Schofield and many other U.S. and Canadian national team players who were unwilling to join the PHF, whose assets were purchased by Walter’s firm. The PWHPA had been working with the Mark Walter Group and Billie Jean King Enterprises over the past 14 months on the new venture. PHF Commissioner Reagan Carey called the agreement the most significant development in the sport “since women’s ice hockey became an Olympic sport 25 years ago.”
The PWHPA was certified as a union this spring and has completed negotiations on a collective bargaining agreement. A 62-page CBA was presented to PWHPA members Thursday night, and they have until Sunday night to ratify it and the new league’s constitution, according to a person familiar with the details who spoke to The Associated Press on condition of anonymity before the deal was announced.
In the meantime, existing PHF player contracts have been voided, though an agreement is in place to pay those under contract a portion of their salary through September, two people with knowledge of the information told AP. Some players are losing out on contracts they signed worth more than $150,000 over two seasons.
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