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10-27-2012, 02:34 PM
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Originally Posted by LickTheEnvelope View Post
The league sets out what it can be but the NHLPA has final say:

(This is for last season, but the NHLPA has to trigger this for the cap to increase. They only opted not to once during this last CBA, and decided to trigger it shortly before this CBA was up)

I believe the CBA allows the two parties to negotiate any escalator, or even a negative figure.

More importantly though, the cap is set automatically on the basis of the completed year's revenues (subject to audit) and whatever the players' share will be. Once that figure is derived, the two parties can negotiate an escalator. For obvious reasons, the NHLPA has opted to trigger an escalator, but it doesn't have to be 5%.

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