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The Business of Hockey Discuss the financial and business aspects of the NHL. Topics may include the CBA, work stoppages, broadcast contracts, franchise sales, and NHL revenues.

A One-time salary cap

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11-30-2004, 09:49 PM
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thinkwild
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A One-time salary cap

What if the NHLPA were to propose a solution that involved a $40mil cap - for 2 years only? All teams return, and declare their opening day roster. Team payrolls take an equal percentage paycut, to bring them down to a combined total of $1.2bil or whatever te number works out to be. Further the players offer a 2nd offer. Along with the lowered rookie cap and bonus changes, they apply a 5% tax on player salaries and as big a luxury tax as the owners are willing to spend. Meaning small. The combined money is put in an escrow fund used to pay for injuries, or if the team is losing money with a moderate payroll.

This gives the owner their restorative cap, yet the players dont have to play under a cap. Fair compromise?

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11-30-2004, 10:06 PM
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Joe T Choker
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Quote:
Originally Posted by thinkwild
What if the NHLPA were to propose a solution that involved a $40mil cap - for 2 years only? All teams return, and declare their opening day roster. Team payrolls take an equal percentage paycut, to bring them down to a combined total of $1.2bil or whatever te number works out to be. Further the players offer a 2nd offer. Along with the lowered rookie cap and bonus changes, they apply a 5% tax on player salaries and as big a luxury tax as the owners are willing to spend. Meaning small. The combined money is put in an escrow fund used to pay for injuries, or if the team is losing money with a moderate payroll.

This gives the owner their restorative cap, yet the players dont have to play under a cap. Fair compromise?
NO

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Old
12-12-2004, 01:43 PM
  #3
thinkwild
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Well we'll see soon.

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12-12-2004, 07:16 PM
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me2
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Quote:
Originally Posted by thinkwild
What if the NHLPA were to propose a solution that involved a $40mil cap - for 2 years only? All teams return, and declare their opening day roster. Team payrolls take an equal percentage paycut, to bring them down to a combined total of $1.2bil or whatever te number works out to be. Further the players offer a 2nd offer. Along with the lowered rookie cap and bonus changes, they apply a 5% tax on player salaries and as big a luxury tax as the owners are willing to spend. Meaning small. The combined money is put in an escrow fund used to pay for injuries, or if the team is losing money with a moderate payroll.

This gives the owner their restorative cap, yet the players dont have to play under a cap. Fair compromise?
$40m salaries, max.
10000% Luxury tax over $40m (as big as they like) starting after 2 years.

That'll work.

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