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Lockout continues Part V - Hockey cancelled till January 14th
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12-28-2012, 09:36 AM
Join Date: Feb 2002
Location: Mountain Standard Ti
Originally Posted by
It appears the NHL did make a new offer. Increasing the contract length, keeping the $300 mil make whole and boosted the varience from 5 to 10%
According to TSN Hockey Insider Darren Dreger, the NHL adjusted its maximum contract length from five to six years (seven years if a team is re-signing its own player) and boosted the variance from five to 10 per cent.
TSN Hockey Insider Pierre LeBrun adds that the new offer includes the 'Make Whole' provision that stays at $300 million and allows each team one compliance buyout prior to the 2013-14 season. The buyout would not count against the cap, but it would against the players' share.
Not sure how an owner's buy-out should count against the players' share?
If you reduce the player's share how does that not reduce the amount available for the cap?
Vaive and Ludzik on collapse, and Phaneuf.
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