The NHL players who survived the 2012-13 NHL lockout are set to receive their compensation.

The first of three annual "transition payments" will reportedly be added to the paycheques of each player who sat throughout the NHL lockout two years ago, according to Sportsnet.

The report adds that players will receive $190,000 per every $1 million in lost base salary in three installments awarded on the first paycheque of each of the next three seasons.

Pittsburgh Penguins superstar Sidney Crosby, who was slated to earn $7.5 million that season, will earn $1.425 million split across three seasons as part of the program.