Dec 31, 2012, 11:31 AM EST
With the NHLPA expected to make the NHL a counteroffer today, one of the many things to keep an eye out for is any proposed cap on escrow.
According to the CBC’s Elliotte Friedman, this issue has serious roadblock potential (as if there weren’t enough of those).
One source said Sunday there were worries that escrow could hit 30 per cent if the NHL’s proposal of a $60 million US cap (for 2013-14) was accepted (that includes the one compliance buyout counting against the players’ share of hockey-related revenue, as currently proposed). No doubt the league would dispute that (saying that the lower the cap, the less they’d have to pay) but this is why both sides’ accountants make money.
This is also one of the reasons the NHLPA wants the highest possible salary cap for next season. The more it needs the cap on escrow, the higher percentage of league revenue will go to the players (beyond the agreed upon 50 percent plus “make whole” payments.)
For the NHL, which has said it’s impossible to predict how the lockout will affect business, it’s understandable why it would be hesitant to agree to any cap on escrow. If revenues fall more than expected, the players will be protected and the owners won’t.
- 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)