Nov 9, 2012, 8:07 PM EST
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.
Jan 27, 2015, 8:28 AM EST
Tuesday’s snowy links.
Jan 27, 2015, 1:35 AM EST
He’ll likely start Tuesday paired with Dan Hamhuis.
Jan 27, 2015, 12:30 AM EST
Latvia could soon have another NHLer to cheer for.
Jan 26, 2015, 11:30 PM EST
The Isles have won both meetings this season.
Jan 26, 2015, 10:25 PM EST
He’s missed 13 games recovering from surgery on his fractured left wrist.
Jan 26, 2015, 9:30 PM EST
Several players had to make alternate arrangements leaving the All-Star Game.
Jan 26, 2015, 8:35 PM EST
Expected to play Wednesday against the Leafs
Jan 26, 2015, 7:30 PM EST
He’s a repeat offender.
Jan 26, 2015, 7:10 PM EST
Teams have till noon eastern time Tuesday to place a claim on the forward.
Jan 26, 2015, 6:16 PM EST
The Avalanche are trying to claw their way into the playoffs.
Jan 26, 2015, 5:52 PM EST
Minnesota had three healthy goaltenders on its roster.
Jan 26, 2015, 4:59 PM EST
Who will play this week?
Jan 26, 2015, 4:22 PM EST
This might be the result of fighting in back-to-back games.
Jan 26, 2015, 3:31 PM EST
Will Mikhail Grabovski step up?
Jan 26, 2015, 3:12 PM EST
The post-All-Star Game portion of the season isn’t starting any better for Buffalo.
Jan 26, 2015, 2:21 PM EST
He’s been overseeing co-coaches Adam Oates and Scott Stevens.
Jan 26, 2015, 1:30 PM EST
He didn’t end up playing in the All-Star Game.
Jan 26, 2015, 12:31 PM EST
Remember, the club opted not to amnesty his contract last June.
Jan 26, 2015, 12:23 PM EST
Canucks will give Frank Corrado a chance to show what he can do.
Jan 26, 2015, 12:12 PM EST
Columbus’ star center is having a nice little run at the moment.
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- Marc-Andre Fleury would like to remind the Columbus crowd that the Penguins beat the Blue Jackets in the playoffs 33
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- Supercut: Every goal from the highest-scoring period in All-Star Game history 7
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- L.A. Sorry? Kings waive Mike Richards (123)
- Flyers’ Rinaldo: ‘I changed the whole game, man’ (112)
- Video: Rinaldo tossed for boarding Letang (79)
- Report: Flyers’ Rinaldo waives right to an in-person hearing (61)