More CBA specifics: Players reportedly offer to “help teams in need”
Aug 14, 2012, 6:57 PM EDT
Various outlets have shared the broader details of the NHLPA’s counter-proposal, but more exact details are filtering through.
Tom Gulitti reports that the players are offering to cut their share of league revenue from 57 percent to 54 for three years. He also outlines what the optional fourth year would entail:
Told NHLPA's proposal would cut players' share of HRR from 57% to 54%. After 3 seasons, players would have option for 4th year back at 57%.
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Tom Gulitti (@TGfireandice) August 14, 2012Gulitti reports that players received 54 percent of revenue after the lockout, so the NHLPA is proposing a return to form in some ways.
Aaron Ward explains that the players are rolling out what would seem to be a three-year payroll reduction of $465 million “to help teams in need.”
Important to remember average revenue growth is 7.1% so this is a three year payroll reduction of $465M to help teams in need. #TSN
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Aaron Ward (@aaronward_nhl) August 14, 2012Ward also goes into greater detail about how the “artificial slowing of salary growth” for players would work under the NHLPA’s proposal.
In NHLPA proposal,the artificial slowing of salary growth by players will go as follows: year 1 will increase by 2%,year 2 by 4% and
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Aaron Ward (@aaronward_nhl) August 14, 2012in year 3 by 6%.If Revenue growth exceeds 10%,anything over 10% is subject to 57% that exists under present system #NHLPA #NHL #TSN
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Aaron Ward (@aaronward_nhl) August 14, 2012Related
Craig Adams is pleased with the NHLPA’s proposal
