Nov 9, 2012, 8:07 PM EDT
The NHL thinks Donald Fehr’s recent memo didn’t do a fair job of portraying their latest proposals to the players, according to multiple NHL sources that spoke to the Star Tribune.
In the memo, Fehr suggested that a “significant gap remains” in terms of the NHL’s “make whole” proposal, but the league believes it’s latest offer is essentially what the players have been demanding.
In exchange for immediately shifting hockey-related revenues to 50-50, the owners are willing to make deferred payments with interest to players for the money they’d be losing over Years 1 and/or 2 as a result of the change. That money will be given to the players in Year 3.
Those payments “would not go against their share and the league is guaranteeing it no matter where the revenue of the league goes,” a league source said.
It looks like the league’s logic is that by Year 3 the players will be getting the amount they signed for pre-lockout even after the reduction in their share of HRR because of an increase in league revenues.
In other words, NHL reportedly thinks that it has presented the league with a solution that would reduce HRR to an even split while still honoring the existing contracts.
Fehr also listed off in his memo a number of issues involving “crucial individual contracting rights,” which he said that the NHL is demanding that the union must agree to.
The league sources said that’s not true and that the NHL is willing to negotiate points like salary arbitration and unrestricted free agency eligibility. However, the NHL wants measures in place to limit each team’s ability to front-load contracts because it feels that teams have been using that tactic as a means to reduce their salary cap burden.
Another key sticking point right now is how much money the players would earn if the lockout were to end today. The NHLPA reportedly wants the players to get 100% of their 2012-13 salaries but, because of the lockout, the players won’t be doing 100% of the work and the league won’t generate the same amount of revenue. The NHL wants to give the players a prorated amount, so they would theoretically make 60 games worth of pay if the 2012-13 campaign is 60 games long.
That’s a lot to digest, but if it’s all accurate, it could be an indication that the sides are potentially closer than it appears. However, it still looks like there is plenty of work to do.
Sep 16, 2014, 10:39 PM EDT
“It’s extortion is what it is. I don’t make this stuff up.”
Sep 16, 2014, 9:22 PM EDT
Caps blueliner has had bad luck in the health department.
Sep 16, 2014, 8:21 PM EDT
Florida’s youngsters stole the show overall.
Sep 16, 2014, 7:18 PM EDT
And he’ll reportedly miss part of Minnesota’s training camp.
Sep 16, 2014, 7:01 PM EDT
The former appeared in three games for Chicago last year; the latter played in Germany.
Sep 16, 2014, 6:04 PM EDT
Sep 16, 2014, 5:35 PM EDT
The future of Detroit’s defense gets locked in.
Sep 16, 2014, 4:33 PM EDT
Just one month after re-signing Jakob Silfverberg on the cheap.
Sep 16, 2014, 4:10 PM EDT
“Fines are meaningful. And I think it has to do with essentially being called out.”
Sep 16, 2014, 3:21 PM EDT
He’ll be part of the player development department.
Sep 16, 2014, 2:30 PM EDT
We pick a couple of long shots.
Sep 16, 2014, 1:40 PM EDT
Kings forward “didn’t want to become a free agent and leave” L.A.
Sep 16, 2014, 12:45 PM EDT
That’s him getting tossed around by Ryan Reaves.
Sep 16, 2014, 11:58 AM EDT
For “outstanding service to hockey in the United States.”
Sep 16, 2014, 11:45 AM EDT
Veteran power forward is trying to return from another concussion.
Sep 16, 2014, 10:59 AM EDT
Will the NHL be watching?
Sep 16, 2014, 10:13 AM EDT
Sounds like he got the message.
Sep 16, 2014, 9:00 AM EDT
The recently signed forward hopes to stick with “powerhouse” team.
Sep 16, 2014, 8:00 AM EDT
Tuesday’s collection of links.
Sep 16, 2014, 12:45 AM EDT
“It’s turned the corner for the better as far as rehab has gone.”
- Heeeeeere’s Johnny! Davidson shreds Johansen’s agent for ‘baffling, nonsensical’ contract demands 0
- Advantage Kuemper? Harding on crutches after ankle injury 4
- Done deal, finally: Wings ink DeKeyser to two-year, $4.375M extension 9
- Update: NHL wants to see fine system in action before publicizing diving 5
- Get your odds to make the playoffs for all 30 NHL teams 17
- Blue Jackets GM to Johansen: It’s about the team, not ‘one guy’ 25
- Will the NHL publicize divers? 48
- Report: NHL, Epix network to partner on Winter Classic reality series 17
- Habs to play without captain for just second time in franchise history 16
- Chiarelli: At some point, I’m going to have to trade a defenseman 53