Oct 17, 2012, 9:00 AM EDT
- Under the 50-50 revenue split plan, the new salary cap ceiling would be $59.9 million, according to ESPN’s Pierre LeBrun. As he noted on Tuesday, teams can still go up to $70.2 million because of the transition plan, though.
- Meanwhile, the salary cap floor would be $43.9 million according to TSN’s Bob McKenzie.
- McKenzie also illuminated the process of trading salary cap space or retaining salary. The limit would be $3 million for each contract year remaining or 50 percent of the average annual value – whichever number is lower. Each club would be limited to two contracts and/or $5 million in a given year.
- TSN’s Darren Dreger expanded on the owners’ proposals regarding revenue sharing. The league’s 10 highest earners would contribute 50 percent of the pool while a committee (with NHLPA representation) would determine the pool each season.
- Players “buried” in the minors count against the cap so there wouldn’t be re-entry waivers any longer, according to McKenzie.
- In what might be a nod to the NFL’s “bounty” troubles, NHL owners propose changes to the supplemental discipline appeals process; players would be able to seek a “neutral” third-party arbitrator, Dreger reports.
OK, that wave of information (and the links below) should catch you up to speed on the owners’ big new offer. Players hope to clarify a number of issues today, so stay tuned.
- Agent: Subban hasn’t told me to make him NHL’s highest-paid D 16
- Devils sign Greene to five-year, $25M extension 10
- Subban seeking $8.5 million in arbitration, versus the Habs at $5.25 million 42
- Marchand on Plekanec: ‘I hate him. I can’t stand him’ 54
- Gettin’ paid: Gardiner inks five-year, $20.25M extension with Leafs 15
- Report: Trottier to join Sabres’ coaching staff 19
- Blues sign former eighth overall pick Mueller 31
- Trotz plans to let Johansson, Kuznetsov, and Burakovsky compete for time at center 45
- Eric Staal has surgery to repair ‘core muscle injury’ 6
- After not seeing ‘eye-to-eye’ with Carlyle, Reimer will compete for No. 1 gig 16
- Cashing in: Rangers sign Brassard to five-year, $25 million deal (63)
- Marchand on Plekanec: ‘I hate him. I can’t stand him’ (54)
- Trotz plans to let Johansson, Kuznetsov, and Burakovsky compete for time at center (45)
- Subban seeking $8.5 million in arbitration, versus the Habs at $5.25 million (42)
- Richards: If not for the cap, half the league would want to play for Hawks (36)