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.
- Workhorse goalies, forwards from last season 9
- Five interesting players still on UFA market 34
- Trotz will still cheer for Preds ‘like crazy’ 4
- Hextall: Advanced statistics small, but meaningful part of Kings’ success 7
- Hayes sees opportunity with Rangers 27
- Fanspeak: Martin Brodeur named greatest Devil in franchise history 14
- Devils’ Gomez considered retirement 7
- It’s New Jersey Devils day on PHT 22
- Fanspeak: Bobby Orr named best Bruin in franchise history 30
- Video: Bruins participate in commercials to promote NHL 15 6