2012-13 Lockout Discussion Part X: Is There Any Hope? Edition
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01-01-2013, 06:58 AM
Join Date: Dec 2006
No one stomped out of yesterday’s bargaining session at NHL headquarters. No one blew or emitted smoke. One hundred and eight days into Owners’ Lockout III, the NHL has turned the page on both 2012 and ultimatums, finally prepared to engage in short-strokes collective bargaining with the Players’ Association.
Including buyouts and the unpredictability of damage caused by this third lockout in the last 18 years of Gary Bettman’s reign, the union has calculated that escrow could rise as high as 15 percent under a $60 million cap for next season, and higher than that if the cap is set at $65 million. This, the PA believes, would represent a de-facto rollback on all existing contracts.
The NHL’s proposed drop of 14.53 percent in the cap from this year’s effective $70.2 million to $60 million is unprecedented in the history of hard-cap pro sports.
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