: Larry Brooks:
Glen Sather speaks/GM has blueprint for Blueshirt future
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06-06-2010, 04:33 PM
Join Date: Mar 2002
Location: New York
That 5% bump held by the NHLPA accounted for $2.74 million last June. Larry Brooks wrote about the escalator last summer. I remember reading it then and found it
The close vote on the escalator indicates executive director Paul Kelly and director of player affairs Glenn Healy do not have the union's attention. For both these gentlemen understood the critical importance of
not allowing the cap to fall by the $2.64 million
it would have if the vote had gone the other way.
Instead of the cap decreasing from $56.7 million to $54.06 million,it increased by $100,000 to $56.8 million with the 5% bump.
$56.8 million with the same $2.74 million is $59.54 million.
Bettman said "a little over $2 million" with the 5% bump
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