View Single Post
Old
12-28-2012, 03:09 PM
  #125
Riptide
Moderator
 
Riptide's Avatar
 
Join Date: Dec 2011
Location: Yukon
Country: Canada
Posts: 10,424
vCash: 500
Offer:
The following is the highlights of the latest proposal from the NHL to the NHL Players' Association:

- Ten-Year Agreement (through 2021/22 season); Parties have mutual opt-out right after 8 years.

- 50-50 Revenue Split between Clubs and Players with current HRR Accounting.

- $300 million in "Make-Whole" payments (outside the system) to compensate Players for the reduced value of Player contracts in the early years of the new CBA.

- No contractual "roll backs" of Player Salaries.

- Clubs can operate with an effective Upper Limit of $70.2 million in 2012/13; must come into compliance with $60 million Upper Limit for the start of the 2013/14

season.

http://www.tsn.ca/nhl/story/?id=412383

__________________
"Itís not as if Donald Fehr was lying to us, several players said. Rather, itís as if he has been economical with information, these players believe, not sharing facts these players consider to be vital."

Last edited by Homeland Security: 12-28-2012 at 06:16 PM. Reason: No link & too much content.
Riptide is offline   Reply With Quote