2012-13 Lockout Discussion Part V: The "Back to square one" Edition
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10-20-2012, 12:46 PM
Join Date: Sep 2004
Location: Charlotte, NC
Originally Posted by
Hahahaha. Are you kidding?!? 13% in escrow exempt salary translates into "all current contracts can exceed the cap by 13%." This effectively gooses the cap by 13% of each current contract. Not a single dollar gets deferred and the rev split doesn't actually reach 50/50 until Shea Weber's contract expires. So, to sum up, the split under proposal 3 would (again) start at 57/43 and gradually decline year by year until it eventually settles down at 50/50... in 2026.
The solution is either a
54, 52, 51, 50, 50, 50 (or something along those lines) OR a make-whole that defers salary on current deals in excess of the cap, but doesn't eliminate any dollars and doesn't count against the cap, up to a fixed threshold in each year (e.g. 3% over the cap until such time as all the players' contracts fit under it).
The NHL already offered teams allowing to go 13% over the cap in year one. The union is just saying "great, lets not charge escrow on that overage." If its a transition, then it kinda makes sense.
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