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.
- NHL on NBC: Rangers look for a fourth straight win against the Flyers 4
- Ducks score four third-period goals, come back to beat rival Kings 6
- Blackhawks aren’t done talking trades, will look to add another forward 10
- Breaking: Flyers trade Kimmo Timonen to Blackhawks 25
- Video: Couture fined $5K for slew-footing Smith 22
- Time to start winning — Bruins’ next four games are against non-playoff teams 17
- Burgled: Sens’ Hammond shuts out Kings 14
- Wild get important win vs. Preds (and some luck, too) 41
- Trading baggage: Blue Jackets grab Clarkson, send Horton’s contract to Leafs 66
- Panthers acquire Jagr from Devils 29
- Petrovic: Chicago will ‘probably seek revenge’ for Kane injury tonight (82)
- ‘I don’t know why we’re so comfortable,’ says Toews after loss to Avalanche (69)
- Report: Alex Petrovic avoids discipline after injuring Patrick Kane (69)
- Trading baggage: Blue Jackets grab Clarkson, send Horton’s contract to Leafs (66)
- Lindros files $3M defamation lawsuit against ex-referee Stewart (Updated: Now $250K) (65)