Nov 16, 2012, 8:15 PM EST
The NHL wants a 50/50 split of hockey-related revenues and it doesn’t believe the players are even close to giving them that, based on a series of NHL charts obtained by the Star Tribune’s Michael Russo.
Part of the problem from the league’s perspective is that the union wants a “guaranteed” player share of $1.916 billion in 2012-13, which doesn’t account for lost revenues as a result of the lockout. By the NHL’s model, if the league’s revenues shrink by 17.5% in a lockout shortened 2012-13 season, then the players would end up with 70.3% of HRR.
“The issue of how you deal with damage from the lockout is a tough one, particularly since it is impossible to know the extent of the damage,” NHLPA special counsel Steve Fehr told Russo.
“What we have suggested to the owners several times is that we put aside that issue for the moment and concentrate upon the overall structure of the deal. If we do that, based upon the last proposals from each side, we think the parties are much closer than they have ever been on the economics. If we could bridge that gap, then we could come back quickly to the lockout damage issue.
“For whatever reason, the owners have declined to do that, and seem to be intent on portraying the parties as further apart than we think we are.”
The NHL also doesn’t feel that the union’s proposal will result in a 50/50 split by Year 5. In fact, if 50/50 is the goal, then two NHL models have the players and owners over $1 billion apart over the course of the next five seasons.
The NHL’s models anticipate that the league will grow by 2.5% in 2013-14, compared to the record $3.3 billion that the NHL raked in last season. From there, the NHL anticipates annual growth of 5%.
Every day that passes takes money out of the potential pie that the NHL and union have to split from, which might make a deal that much harder.
Jan 29, 2015, 1:51 PM EST
But the reigning Stanley Cup champs will have to share the stage with another L.A. team.
Jan 29, 2015, 1:02 PM EST
Statically, he’s in a class by himself.
Jan 29, 2015, 12:47 PM EST
Defenseman was 28th overall by Chicago in 2009.
Jan 29, 2015, 12:44 PM EST
Also insists: “For anybody that thinks that me and Lou [Lamoriello] are not on the same page, everybody’s wrong,”
Jan 29, 2015, 12:29 PM EST
Will make just his 17th appearance of the season tonight against Florida.
Jan 29, 2015, 12:15 PM EST
Second time this season.
Jan 29, 2015, 11:37 AM EST
Veteran Ottawa center will sit as a healthy scratch again tonight.
Jan 29, 2015, 11:30 AM EST
Scored a big goal last night versus Toronto.
Jan 29, 2015, 11:18 AM EST
The NHL’s 29th- and 30th-ranked teams get it on.
Jan 29, 2015, 10:58 AM EST
“There’s a lot of different avenues we have to explore here,” says Ron Hextall.
Jan 29, 2015, 10:36 AM EST
So you can probably guess where he stands on the matter.
Jan 29, 2015, 10:01 AM EST
He left the team after his father passed away.
Jan 29, 2015, 9:22 AM EST
San Jose is in the thick of a tight Pacific Division battle.
Jan 29, 2015, 8:44 AM EST
The 2014 Eastern Conference finalists meet to continue their respective battles for home ice advantage.
Jan 29, 2015, 8:00 AM EST
Thursday’s collection of links.
Jan 29, 2015, 1:35 AM EST
Looked like L.A. was in serious trouble.
Jan 29, 2015, 12:30 AM EST
Washington is now three points back of Pittsburgh in the Metropolitan Division.
Jan 28, 2015, 11:51 PM EST
Weren’t at all inspired Tuesday.
Jan 28, 2015, 11:28 PM EST
That’s a nice set up.
Jan 28, 2015, 11:05 PM EST
Christian Ehrhoff was hurt on the play.
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