2012-13 Lockout Discussion Part X: Is There Any Hope? Edition
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12-31-2012, 08:05 PM
HOPE & CHANGE
Join Date: Mar 2002
Location: New York
Sources told the Sun the players did take a step in the direction of the owners with the offer they tabled but there are still large gaps that have to be bridged if there’s going to be a deal which is why the league wanted time to counter.
It’s believed the players would like the upper limit of the cap to be somewhere in the $65-to-$68 million range in 2013-14.
The NHL proposed a $60 million cap, but it’s believed there could be some flexibility by the league in that area
The contentious issue will be a desire by the NHLPA to have a cap on escrow. The players are concerned they’ll be paying more escrow because the revenues will fall short of the expectations from the damage of the lockout.
I was watching Sportnet earlier. They carried their lockout coverage when Bettman and Fehr online. Kyper and John Shannon did a live shot outside the NHL office. Kyper said the players aren't getting a cap on escrow. They are prepared to lose some of the salaries in escrow. They want a higher cap than $60M because they don't want to see their teams dismantled. The players under contract will be made whole through the transition payments. Its the players signing new contracts which will lose money in escrow. The big market teams don't want a $60M cap.
Get the compliance buyout to be executed prior to the 2013 or 13-14 season. Get the cap for 13-14 to be higher than $60M.
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