Jul 21, 2012, 11:29 AM EST
If there’s anyone who is dialed in on the NHLPA’s side of things during labor negotiations it’s Larry Brooks of the New York Post. Brooks obtained a memo from executive director Donald Fehr outlining what it is the owners are looking at doing.
Fehr outlined the owners’ proposal by putting it into terms if it were in effect last season. It paints a pretty clear picture of what sorts of cutbacks the NHL is looking to get back from its players.
“(1) Player compensation would have been reduced by $450 million, or 24 percent … Using the definitions in effect under the current CBA, the ‘46%’ player share in the proposal is really only ‘43% and change.’
“(2) The salary cap would have fall to an Upper limit of $50.8M, a Midpoint of $46.8M, and a floor of only $38.8M.”
“(3) This would mean Player compensation would fall to below 2003/04 levels, notwithstanding the large revenue increases in the last few years.”
The way this reads is that the owners are essentially looking for a do-over when it comes to the financial system they locked the players out for over a year to get in place. NHL Commissioner Gary Bettman and the owners, I’m sure, would look at things a bit differently.
As it stands, the NHLPA has not fired back a counter-proposal, something we’ll need to have to really have an idea how ugly things might get.
- Garbutt to have hearing for kneeing Hall 0
- The day before Thanksgiving, six new playoff teams 8
- What they’re saying about St. Louis’ return to Tampa Bay 16
- NHL on NBCSN: Flyers face Red Wings on Rivalry Night 10
- Video: Canucks honor Quinn with “O Danny Boy” 8
- Video: Stars’ Klingberg scores from center ice 4
- Report: Alfredsson retirement to be announced Dec. 4 10
- On the odds of fighting back after Thanksgiving 10
- Why are the Oilers still bad? Look at their drafting 21
- The Leafs are worth almost seven times the Panthers, says Forbes 21
- Video: Milan Lucic calls Dalton Prout one-punch ‘gutless’ (99)
- Prout drops Lucic: ‘As far as I was concerned we were engaged in a fight’ (88)
- The Leafs didn’t salute their fans last night, so that’s a thing now (79)
- Jack Johnson filed for bankruptcy, parents allegedly took advantage of him (58)
- Bruins’ Lucic expected to play against Habs after getting one-punched (Updated) (47)