Aug 9, 2012, 6:45 PM EDT
The NHL owners won’t run the league for another year under the current agreement. They want a new CBA to replace the one that will expire on Sept. 15.
However, as NHLPA executive director Donald Fehr put it, there’s a “meaningful gulf” when it comes to revenue sharing.
“The biggest reason was, it seems to us that both overall and on a club-by-club basis, all of the revenue-sharing payments — both the new ones and the existing ones — would be paid for by player salary reductions,” Fehr said, according to an ESPN report.
Meanwhile, NHL commissioner Gary Bettman said that “we need to be paying out less in player costs.”
“That’s something that while revenue sharing has been an important part of the existing collective bargaining agreement, we intend to have it going forward in an enhanced way,” Bettman added. “Revenue sharing isn’t the key element. It’s an element that has to be dealt with, but the fundamental economics need to be dealt with first.”
The players’ union and league are expected to meet at least three times next week.
- Arbitration filed: Holtby, Nyquist & Stepan highlight list released by NHLPA 10
- Report: Plotnikov paid $500K to get out of KHL contract 12
- Philadelphia signs ’15 first rounder Provorov 11
- Brandon Saad brings championship experience to Blue Jackets 22
- Sharks sign Joel Ward to three-year deal 25
- Sabres lock up O’Reilly through 2022-23 74
- Locked in: Columbus signs Saad to six-year, $36M deal 28
- Oilers sign McDavid to entry-level contract 29
- ‘Hawks would like to re-sign Oduya, but still working through ‘financial hurdles’ 17
- Trade: Caps acquire Oshie from Blues for Brouwer, Copley and draft pick 73
- Blockbuster: Kessel traded to the Penguins (131)
- Trade: Flyers send Rinaldo to Bruins for 2017 third-rounder (105)
- Trade: Jackets land Saad; Anisimov and Dano headed to Chicago (93)
- Bypassing a buyout? Kings terminate Richards’ contract for ‘material breach’ (90)
- Sabres lock up O’Reilly through 2022-23 (74)