Step Back, Take a Deep Breath, and Look at the PA's Offer
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12-10-2012, 01:31 PM
Business of Hockey
Join Date: Jul 2006
Location: South Mountain
Originally Posted by
I've never heard of the players speaking about the floor (not saying they haven't). Originally the floor was an owner idea. The owners who were sharing the money didn't want the recieving owners to just pocket the money. They wanted to be sure that that money was spent on players. The problem with the sharing system they have is that it isn't tied to anything it was just a strait 150mil.
It was not a fixed value, it was set to 4.5% of HRR. And actually could go higher or lower then that amount based on a lot of formulas.
My understanding is that the sharing proposals being tossed about during the current CBA negotiations are also %'s of HRR, though just about every media report just says how much the sharing amount would have been if there were a full 2012-2013 season.
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