Lockout Thread: I told myself I wouldn't do this| Part IV
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12-06-2012, 10:13 PM
Join Date: Jul 2010
Location: NHL player factory
Originally Posted by
Yup, Fehr in his PC today said both sides seem to agree on the money situation, which would include a 50/50 partnership split of HRR linked, and honouring of $300 mil of $451 mil debt in make whole guaranteed contracts that currently exist today.
So NHL would go from 43% to 50% on HR Revenue, and save a cool +$150 mil discount on make whole existing contracts.. but that wasn't good enough as they also want to control how the NHLPA decide to split up their 50% share.
Why should an Owner care if the PA want to give Crosby a 12 year $100 mil deal and another player a 2 year league minimum deal.. Its not their money effected by how much each player makes and for how long as it doesn't come out of their 50% cut, but rather the PA portion and that is controlled by the salary cap system and team escrow to regulate player salaries.
What it boils down to is.....the NHL wants the CBA to protect themselves from themselves.....
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