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.
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- Report: Phone hearing for Burrows, who says hit on Emelin wasn’t late 6
- Video: Burrows catches Emelin with a late hit (Updated) 12
- Report: Thomas Vanek involved in money laundering scandal 31
- Video: Devils (finally) win a shootout 4
- Video: Lucic and Stewart drop the gloves 24
- Blues lose Backes, Oshie indefinitely to concussions 5
- Struggling Coyotes ‘not anywhere good enough,’ says GM 9
- Red Wings take over third period, blank Ovechkin in win 8
- Video: Doc Emrick’s heartfelt words about Gordie Howe 5
- Video: John Moore with an elbow to the head of Erik Haula (Updated) (62)
- Report: Varlamov being sued by ex-girlfriend (47)
- Kreider calls Brodin hit a ‘bang-bang play,’ doesn’t plan to dramatically change his game (45)
- No hearing scheduled for Kreider after Brodin hit (44)
- Kopitar out, Lombardi irate as Kings will play shorthanded vs. Flyers (40)