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11-12-2012, 06:40 PM
  #664
Superstar Shane
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Quote:
Originally Posted by Mr Jiggyfly View Post
Crosby just gave his owner(s) about 50m extra to spend so I think he understands the art of give and take here.

I'd like to see the owners win on most of the contracting issues, because it will help teams like the Pens control costs and keep their better players.

But the point he is making is pretty valid. If the players are coming down 7%, why would they also give in on contract issues that also helps to keep their salaries down as well?

I still don't get why ELCs are a sticking point.

That's not really the case though. 50% is 50%. Even if players' contracts only cover, say, 47% of revenues in a season, the other 3% will go back to the players (assuming salaries remain linked to revenue). From a financial standpoint, the contracting issues only effect the distribution of the money; not the actual amount that is paid out.

I can understand why most of these issues are important to some players and a few owners. And I can understand why the owners would insist on the 5% variance rule in particular to prevent salary cap circumvention. But I don't see why the rest of the contract issues are such a big deal. Any player currently contracted beyond 28 yrs old (Sidney Crosby, for instance) is completely unaffected. The entry-level contract changes affect no current members of the PA. And again, there's no effect on how much money the owners are paying out (as a collective, at least -- there will be slight variations from one team to the next).

If the league and the union are as close on revenue sharing and HRR split as the media has been reporting, it makes no sense that contract terms should hold up an agreement. I suspect it'll take a little while longer in the enduring spirit of brinkmanship, but they'll settle on the 5% variance rule and one or two other changes before any more games are cancelled. There's just too much money at stake for the league to risk games on budget-neutral issues like contract terms.

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