2012 CBA & Re-alignment: Lockout in Effect. Thanks Gary/Donald! PART II
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11-10-2012, 11:20 AM
Join Date: Jan 2004
Originally Posted by
The most accurate description seems to be that it's 'Make Whole' if revenue growth averages 5 % or more a year, and 'Make Partial' if the average growth is less.
If there was a full season this season, with revenues increasing by 5 % from last seasons, the difference between the players pay last season and a 50 % share would be about $150 M, while the next season would see about a $60 M difference, and the following season a 50 % share would've surpassed the players share from last season. The NHL offered to guarantee those $210 M in difference, which would make the contracts 'whole' if the league experienced an average growth of 5 % or more.
The question then becomes if you believe a 5 % average growth to be too optimistic (in which case I'm not sure what to call the NHLPA's initial proposal of a 7.2 % average growth rate).
To me it seems reasonable, as growth has consistently been above 5% through the prior CBA.
This is probably why Fehr said they aren't as far apart as the league is claiming.
So why would the league get stupid and pull that **** last night?
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