Skip to content

Report: NHLPA “has not received all the financial documentation” from owners

Aug 1, 2012, 6:11 PM EDT

2012 Bridgestone NHL Winter Classic - Alumni Game Getty Images

With Sept. 15 rapidly approaching, one would hope that the NHLPA’s counter-proposal would be on the way soon. ESPN’s Katie Strang reports that owners still need to provide more financial details from their bold initial offer, though.

The Players’ Association still has not received all the financial documentation — primarily the independently audited information for the league’s clubs — requested from the NHL and has no intent to submit a proposal until that information is received and then analyzed.

NHLPA rep Mathieu Schneider (pictured left of Mark Recchi) explains why this is pertinent info.

“What we got was the first drop — I think it was 76,000 pages. They’re asking for huge concessions … $450 million from players,” Schneider said. “We certainly feel the audited statements are very important to what will eventually be our alternate proposal.”

NHL executives Gary Bettman and Bob Daly admitted frustration over the delay.

“I think the sooner we can get a negotiation over the main financial issues, the better,” Daly said. “And certainly we encourage the Players’ Association to get their arms around that and get back on those issues as quickly as they can, but I think it was more a frustration with the perception that somehow the information is different or new than what the Players’ Association has access to already and had access to for a long time. I don’t think there’s a real mystery, at least vis-a-vis the Players’ Association, with respect to the financial condition of our clubs.”

Los Angeles Kings tough guy Kevin Westgarth said it’s “not unreasonable” for the NHLPA to ask for such information, yet his most interesting quote was also the most chilling.

“I think everybody has a little post-traumatic stress from last time. It’s something that … they locked us out last time and it’s foreseeable for them to lock us out again,” Westgarth said. “Guys obviously want to play, but obviously we need to get the right deal together as well.”

  1. chazxcore - Aug 1, 2012 at 6:21 PM

    Anyone else feel that this is going to end badly?

    • dougr42 - Aug 1, 2012 at 6:33 PM

  2. jmo711 - Aug 1, 2012 at 6:30 PM

    Yes, although I’m looking for a positive end so the season can start on time!! Let’s keep our fingers crossed.

  3. dayno66 - Aug 1, 2012 at 7:52 PM

    No way the season gets delayed. The NFL’s situation last summer was exactly the same. Both sides are making money in the NHL, and only a handful of teams are really struggling. Nobody is gonna be stubborn enough to delay the season and throw money away.

    • furkmyster - Aug 1, 2012 at 8:57 PM

      The only difference, is EVERY team in the NFL was making money, and the approach of the pre-season and actual lost revenue got them negotiating to get a deal done. In the NHL, that is not the case, there are money losing teams, teams that have no chance to make money, and a few teams that print money and cover most of the profits the league makes.

    • chazxcore - Aug 1, 2012 at 9:25 PM

      Completely different situations. More of the NHL is struggling than you think/know. The Flyers are one of the biggest teams in the NHL but only make a few million in profit each year but because they are owned by Comcast, their profits don’t really matter one way or another but the rest of the league isn’t so lucky.

      NHL owners want more and more money from the players and for them to give up more and more to make that bottom line bigger. The NHL also wants more revenue sharing which works in the NHL because the NFL is a MONSTER. It will NEVER lose their fans or money based on a lockout. It may piss them off but they would be back and the money will roll in. The NHL has so much more to lose. They just started getting all the fans back and getting bigger. They could put the league back 7 years.

      • hystoracle - Aug 2, 2012 at 9:59 AM

        The NFL also plays once a week for 17 weeks (16 game schedule). All games are covered by National broadcasting outlets (Fox, NBC, CBS, ESPN, etc.). It is very easy to sell that on a national basis and have those revenues split 32 ways. NHL plays 82 games the majority of which are covered by local/regional TV cable outlets (especially in the US). Different teams get different deals because of various factors, market, interest, traditional fanbase, etc. It make sit a lot harder to split that revenue because each team feels they have a right to all that money and don’t want to share it. In reality as a business, the NHL is more like the MLB and the NBA than the NFL. Comparison to the NFL is Apples and Oranges.
        IMHO, NFL may rake in tons of dough and be fun to watch.. but Hockey is still the greatest sport in the world. Let’s get a deal done so we don’t have to miss any of it.

  4. malkinrulez - Aug 1, 2012 at 8:28 PM

    As Red in platoon said,”I gotta bad feeling about this one!”

  5. sippindasyzurp - Aug 1, 2012 at 8:31 PM

    And so it begins…. I guess I will be watching a lot of NFL and NBA this fall and winter.

  6. flyeredup202 - Aug 2, 2012 at 11:15 AM

    If no season, what you think the chances of the flyers giving me my money back for the season tickets… or are they just going to keep billing my Credit Card and telling me its a credit for next season…. Should be fun……

Top 10 NHL Player Searches
  1. P. Kane (1834)
  2. P. Kessel (1413)
  3. M. Richards (1200)
  4. N. Backstrom (1112)
  5. M. Giordano (1058)