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09-09-2004, 08:38 PM
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Originally Posted by txpd
EJ Radek reported on ESPN News that it was the same proposal as before with adjusted numbers. Luxury Tax(threshold at $40m)...
Apparently, they upped the tax to $50 million. Why would you take a step backward at this point of the game?

"The NHLPA says it was a good offer because the revenue sharing component in their proposal was reduced to closer to what the league might find acceptable.

The NHL says the proposal was a total farce because the luxury tax threshold proposed by the players went from $40 million in last year's offer to $50 million in this offer."

Whole story

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