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No More Lockout Blues! - 2012 Lockout Part 2 [UPD: AGREEMENT REACHED!]
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11-03-2012, 12:25 AM
Way down in the hole
Join Date: Oct 2011
Originally Posted by
On H&L, they just mentioned that the league has a new proposal, based on the last one. The make whole is still a deferred thing, but this time, the "make whole" portion is coming out of the owners side of the HRR going forward. Sounds like they want immediate relief, and will pay back out of their share of HRR going forward.
Could be good news, but I'm not getting my hopes up too much yet.
I don't know how you can have any kind of "make whole" provision now that there have been games lost plus the Winter Classic has been cancelled - it's hard to see how the league would come close to generating $3.3 billion in HRR for 2012-13. So how are you going to pay anyone their full salary without losing your shirt? It's a strange notion, if the NHL is, in fact, offering it.
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