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.
- Rutherford: ‘Our guys felt very strongly about reacquiring’ Lovejoy 0
- Winners and losers of the 2015 trade deadline 19
- Giordano to have surgery, is ‘done for the season’ 12
- PHT’s 2015 NHL Trade Deadline Tracker 26
- Ducks get their veteran d-man, adding Wisniewski from Columbus 8
- Lovejoy returns to Pittsburgh for Despres 42
- Wild get Stewart as Buffalo-to-Minnesota pipeline continues 42
- Jordan Leopold’s daughter may have orchestrated the Minnesota trade 14
- Wings get Zidlicky from Devils 64
- Can the Wings and Leafs work out a deal for Phaneuf? 45
- Wild beat Avs, dying seconds fight set stage for rematch (168)
- Petrovic: Chicago will ‘probably seek revenge’ for Kane injury tonight (82)
- Trade: Blackhawks acquire Vermette from Arizona for Dahlbeck, first rounder (74)
- Report: Alex Petrovic avoids discipline after injuring Patrick Kane (69)
- Trade: Rangers land Yandle, Coyotes receive Duclair, first-rounder (69)