Item 5.  OTHER EVENTS.



     Gerald B. Wasserman, Chairman, President and Chief Executive Officer of
the Company, who is completing the final year of a 5-year contract which
expires on August 31, 2001, has announced to the Board of Directors that he
will relinquish his day-to-day operating responsibilities. Mr. Wasserman will
continue to serve as Chairman of the Company. Pending the announcement of a
new President and Chief Executive Officer, Russell J. David, Senior Vice
President, Finance and Administration, and Matthew H. O'Toole, Senior Vice
President, Marketing and Sales, will serve as senior operating officers.

     Effective January 31, 2001, the position of Senior Vice President,
Operations was eliminated as part of a plan to streamline the Company's business
unit structure. As a result, Gordon T. Halliday ceased to be employed by the
Company effective on this date.

     On November 19, 1998 in connection with the Company's acquisition of Sports
Holdings Corp., the Company and Sport Maska Inc. entered into a credit agreement
with the Caisse de Depot et Placement du Quebec ("Caisse") to borrow a total of
Canadian $135.8 million (the "Caisse Loan"). The Caisse Loan was for a period of
two years, maturing November 19, 2000.

     On October 30, 2000 the Caisse Loan was extended for a period of 18 months
on payment of an extension fee of 1.5% of the principal amount. This renewed
Caisse Loan was to bear interest equal to the Canadian Banker's Acceptance Rate
plus 6% until November 2001 and 6.5% thereafter.

     On November 20, 2000 the foregoing extension was cancelled, and replaced by
a three-month extension of the Caisse Loan on payment of a Canadian $1 million
extension fee. The Caisse Loan will therefore mature on February 19, 2001. This
renewed Caisse Loan bears interest equal to the Canadian Banker's Acceptance
Rate plus 6%, subject to Caisse's right to collect certain additional fees
during the extension period.

     Effective November 19, 1998, two of the Company's subsidiaries, Maska U.S.,
Inc. and SHC Hockey Inc. entered into a credit agreement with the lenders
referred to therein and with General Electric Capital Corporation, as Agent and
Lender (the "U.S. GECC Credit Agreement"). Simultaneously, two of the Company's
Canadian Subsidiaries, Sport Maska Inc. and Tropsport Acquisitions Inc., entered
into a credit agreement with the lenders referred to therein and General
Electric Capital Canada Inc., as Agent and Lender (the "Canadian GECC Credit
Agreement"; and together with the U.S. GECC Credit Agreement, the "GECC Credit
Agreements"). The maximum amount of loans and letters of credit that were
permitted to be outstanding under the GECC Credit Agreements were U.S. $70
million The GECC Credit Agreements were for a term of two years with a possible
extension of one year by the Company. On November 20, 2000, the GECC Credit
Agreements were amended to expire on January 31, 2001.



     On January 31, 2001, the GECC Credit Agreements were amended and now expire
on February 15, 2001. In addition, the maximum amount of loans and letters of
credit that may be outstanding under the U.S. GECC Credit Agreement was reduced
from U.S. $35 million to U.S. $25 million. As a result, the maximum amount of
loans and letters of credit that may be outstanding under the GECC Credit
Agreements has been reduced from U.S. $70 million to U.S. $60 million. As at
January 31, 2001 the Company's indebtedness pursuant to the GECC Credit
Agreements was less than U.S. $9 million.

     The Company is currently negotiating with both the Caisse and GECC to
extend the Caisse Loan and the GECC Credit Agreements into 2002. An announcement
regarding agreements with these lenders is expected within the next few weeks,
however, there is no assurance that agreements will, in fact, be reached.



                                   Signatures




     Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this Current Report on Form 8-K to be signed on its
behalf by the undersigned hereunto duly authorized.







                                   THE HOCKEY COMPANY



                            By:    /s/  RUSSELL J. DAVID
                                   --------------------------------------

                                   Name:    Russell J. David
                                   Title:   Senior Vice President,
                                            Finance and Administration



February 1, 2001