Oct 17, 2012, 9:00 AM EST
- 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.
- Neal suspended five games for kneeing Marchand in the head 154
- Report: Dion Phaneuf will face hearing for hit on Kevan Miller 98
- Bruins coach admits Thornton crossed the line, slams Pens for not being ‘truthful’ 120
- Lecavalier out 3-4 weeks with non-displaced fracture in back 8
- Islanders players hold closed-door meeting after ninth straight loss 15
- Penguins’ Neal has phone hearing for knee on Bruins’ Marchand 90
- Shawn Thornton confirms hearing with NHL Department of Player Safety (Updated) 88
- Video: Penguins’ Neal knees Bruins’ Marchand 69
- Penguins announce Brooks Orpik ‘alert and conscious’ (Updated) 47
- Shawn Thornton: ‘People could probably criticize that I’m a little too honorable’ 78
- Video: Penguins’ Orpik stretchered off ice; Bruins’ Thornton given match penalty (182)
- Neal suspended five games for kneeing Marchand in the head (154)
- Pens put Orpik on IR (128)
- Bruins coach admits Thornton crossed the line, slams Pens for not being ‘truthful’ (120)
- Report: Dion Phaneuf will face hearing for hit on Kevan Miller (98)