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Originally Posted by Falon
I HAVE IT!!! I have the solution. If the owners are truly as united as they say they are. Ask the players for a 40% rollback on salaries. That way, if the players accept it, it solves alot of money problems each team is having and the ball is back in the owners court to keep in touch with their finances. They can have an unwritten salary cap. The ownership would have to agree that they will not let the salaries get out of control again. If they can do that, the lockout would end and we would have hockey back.
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I have a better one...
The NHL accepts the 24% rollback accross the board.
Entry level contracts maxed at $850k, bonuses to be maxed out according to draft position:
Selections 1-10 max 1.2 million in bonuses.
Selections 10-20 max 1 million in bonuses.
Selections 20-30 max 900k in bonuses.
2nd Round Picks max 750k in bonuses.
3rd Round Picks max 500k in bonuses.
All subsequent picks max 250k in bonuses.
Salary arbitration may be induced by either the players or owners. A player may only select to go to arbitration once in his career, likewise a player may only be brought to arbitration by an NHL team once in his career.
Arbitrators will be given two different figures to work with, the players offer and the teams offer, arbitrator may only select one or the other, no in between. An arbitrator can only award a contract for the maximum term of 2 years.
Restricted Free Agents rights are retained by the team on a salary/% scale:
Players making more than $1.5 million above the league average are retained by the club offering an 85% qualifying offer,
Players making between $1 million and $1.5 million above the league average will require a 90% qualifying offer.
Players making between 500k and $1 million above the league average will require a 95% qualifying offer.
Players making over 800k but less than 500k over the league average will require a 100% qualifying offer.
Players making under 800k require 105% qualifying offer.
No minimum salary (if a player wants to play for 50k then so be it).
A luxury tax system to be put in place effective the beginning of the 2005-2006 season.
Teams with NHL salaries between $38 million and $42 million pay .50c on the dollar for every dollar spent above $38 million.
Teams with NHL salaries between $42 million and $45 million pay .50 for the amount above $38 million up to $42 million, and .80 for each dollar amount spent between $42 million and $45 million.
Teams with NHL salaries above $45 million will include the previous two provisions and also pay $1 for every dollar spent above $45 million.
Teams who select to have a salary range in excess of $50 million shall forfeit 1 draft position for every $2 million above $50 million. eg. A team with a payroll of $56 million will drop 3 draft positions.
Teams with a payroll below $30 million will forfeit 1 draft position for every $2 million below the salary floor.
A revenue sharing system will be put in place.
On top of the luxury tax paid into the system by teams, 10% of all gate revenues generated for playoff games will be paid into a master fund.
The money will be dispersed as follows.
Master fund to be divided by number of teams below $40 million in NHL salaries.
Each team that had total NHL salaries between $30 million and $40 million will be given their equal share.
Teams below $30 million will be given their share less 20%.
The 20% is equally divided amongst the teams between $40 million and $50 million in total NHL salaries.
The
Unrestricted Free Agency will be lowered from 31 to 29.
Just a start.
