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Will the NHLPA insist on a cap on escrow?

Dec 31, 2012, 11:31 AM EDT

Donald Fehr AP

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.

  1. manchestermiracle - Dec 31, 2012 at 11:34 AM

    This crap gets more confusing by the minute.

    • ravenscaps48 - Dec 31, 2012 at 12:00 PM

      I was about to say, I have no idea what this means! Haha

  2. prov1x - Dec 31, 2012 at 11:45 AM

    you got that right. and my give a crap meter is running at close to zero.

  3. kingjoe1 - Dec 31, 2012 at 12:10 PM

    Blast you escrowwwwwwwwwwwww!!!!!! (got nothing) All i know is if these negotiations don’t result in a deal, next up, 2013/2014 season.

  4. gvbulldogs - Dec 31, 2012 at 12:32 PM

    I want to throw up but i’ll wait till tonight.

  5. nach0mancandysandwich - Dec 31, 2012 at 1:05 PM

    If it wasn’t escrow it would be something else. Maybe the cost of pucks, the water bill is too high when they make the ice, cost of laundry detergent for the jerseys?

  6. macjacmccoy - Dec 31, 2012 at 1:06 PM

    Well thats just to bad isnt it. The owners locked out the players not the other way around. So they should be the only ones that face the consequences of it.

    • nderdog - Dec 31, 2012 at 2:22 PM

      Do you honestly believe that if the players weren’t locked out, they wouldn’t have gone on strike? If not, are you saying that had the players gone on strike, they should have to just take what they’re given and like it?

      I just can’t comprehend the argument that since it was a lockout versus a strike, the owners should just be happy with what they get. Both sides of this have made a lot of terrible decisions, and neither of them deserves to come out smelling remotely like a rose. They’re all guilty of screwing over the fans and all need to take a bite of the proverbial poo sandwich.

  7. ron05342 - Dec 31, 2012 at 2:59 PM

    It wouldn’t be so confusing if the story was written correctly. I clicked the link to the background story and that didn’t make it any easier.

    From what I can gather from the background story, there are multiple issues here: not just escrow cap disagreements, but also the pension plan, which should have been settled some time ago. (Apparently, it was changed again by the NHL in this latest proposal, who is surprised at this?)

    So its like spring leaks in a dam. One gets stopped, another one pops up. If the NHL and PA are going to play games in their offers and counter-offers (as in take away something already given, like the pensions), then can we really expect there to be a resolution soon enough to save this season?

  8. cvgconstruction - Jan 1, 2013 at 12:12 PM

    Some day I would like about 5 minutes with Bettman and Fehr, I would share some opinion from a hockey fan in Minnesota

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