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.
- Comeback fit for a King: Lundqvist, Rangers even series in Game 4 19
- WATCH LIVE: Rangers at Lightning, Game 4 of Eastern Conference Final 6
- Fetisov wants to restrict young Russians from playing in the NHL 42
- All eyes on Lundqvist 11
- Quenneville opted for ‘fresh legs’ by inserting Nordstrom, Versteeg into lineup 12
- Video: Ducks hold off Blackhawks in Game 3 to take series lead 30
- (Video) PHT Extra: On Babcock, sticking to the process and housebuilding analogies 3
- Babcock predicts ‘pain’ for Leafs, who are a ‘massive, massive challenge’ 39
- Babcock wants to ‘put Canada’s team back on the map’ 48
- Flyers won’t trade Del Zotto, but ‘something will have to give’ on crowded blue line 26
- Reports: Sabres thought they had a deal with Babcock, aren’t happy (172)
- Leafs land Babcock with reported 8-year deal, estimated at $50 million (130)
- Russia to be punished for ‘completely out of order’ actions after Worlds final loss to Canada (91)
- Report: Sabres negotiating with Babcock (82)
- What’s wrong with Lundqvist? (70)