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NHL Labour talks clear biggest hurdle

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06-08-2005, 01:34 PM
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Joe T Choker
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NHL Labour talks clear biggest hurdle

http://www.theglobeandmail.com/servl...NStory/Sports/

"According to the formula, a dollar-for-dollar luxury tax will kick in at the midway point between the floor and the cap. If the floor of the lowest team proves to be $22-million and the cap on the highest team is $36-million next season, then the tax will come into effect at $29-million."

"However, that $31-million also included all player compensation and no minimum payroll, so the figures finally agreed upon represent an increase. But it is believed the offer of a 24-per-cent pay cut made by the players last December will be part of the new deal."

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06-08-2005, 07:08 PM
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barrytrotzsneck
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already covered in the CBA thread

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