Here's why I don't agree with your reading of things: it only makes sense to name a nominal cap in the first full year of the deal, when you don't have new HRR numbers to build your projection off of. But every year thereafter, there shouldn't be a nominal value for the cap stipulated unless it is one that would conflict with and take precedence over the one arrived at through normal HRR projections. So we'll have to wait and see which of us is right, but I don't read these reports as saying the same thing you do.
You have to set the cap in year 2 as well, due to year 1 numbers being skewed due to the shortened season. Year 3 can be whatever the real numbers are due to having a full season in year 2.
__________________ "Itís not as if Donald Fehr was lying to us, several players said. Rather, itís as if he has been economical with information, these players believe, not sharing facts these players consider to be vital."
Only 200 million in revenue sharing. I believe last CBS was around 110. This seems like a joke.
7-8 year contracts. Would have liked 5-6 or 6-7.
Revenue sharing is a poor word choice (from everyone). It's wealth transfer. When I looked at the numbers, even splitting 50% of the gate 30 ways only re-distributes ~96m. According to 1 poster here, the NBA only redistributes 3.6% (~96m), although I couldn't find any numbers on this.
That's why you just go to bed, and when you wake up it's like Christmas morning
By the way, as I (and some others) have said in the past, this is why you don't accept proposals. None of what happened over the last 2 days was either side accepting a proposal. That's for all you "if the players would just vote!" people
Can't wait to see the final agreement. But really, how different will it be from what was offered last month? Or hell, even a few weeks ago? And yet the players all missed a couple cheques to get this new deal - one that looks very very similar to the others.
From what I remember reading, that's about all they got in 04. Adjust it for inflation... so what... 35-40m? But no clue exactly what that includes (tickets, merchandize, tv, concessions, etc). Or who that money goes to.
I'm glad this is over and I'm glad we are playing hockey again, but as far as the CBA goes...
The CBA still doesn't solve the bigger problem IMO. I don't think there is ever going to be a CBA that is going to help certain franchises become financially viable, ever.
The way I see it, the CBA is a sum of its league's parts and can only go so far to ensure viability. And yes you're absolutely right, it's damn near impossible to make 30 franchises viable and healthy with the CBA we have now because the NHL lacks economic resources that leagues such as the NFL have. If you don't have that, then you can't really pool in the money and distribute it equally.
What the NHL is missing is the exposure and the big-time money that the NFL, MLB and maybe even the NBA have that got them such lucrative TV contracts in the first place (well 2 billion with NBC in of itself is lucrative, but quite poor compared to the NFL's).
Is NOBODY reporting on pensions and make whole money??
Originally Posted by TSN
Then on Dec. 14, the NHLPA began voting on giving the executive board the authority to file a disclaimer of interest, which would have given the union - until Jan. 2 - the power to dissolve and file anti-trust lawsuits against the league. Two weeks later, the league came back with a 288-page proposal that softened demands on contract and salary rules and reintroduced $300 million in 'make whole' payments.
Looks like it's still there. Although I somehow suspect it's more than 300m at this point.
I think you might be wrong. By my recollection, there was no make whole money offered by the league in October - although Gary very pointedly said he would negotiate the make whole and the union never took him up on it. In early November, about $100M in make whole money was put on the table. By the time the players and owners only meeting rolled around in mid-December, it was $300M, and I think it stuck there.
So yes, wasted time in that they lost more than they gained, but I think the $300M was all officially gotten after October.
As far as I can recollect, the first $211M 'Make whole' offer was made November 9. Coincidentally, at that time the players had 'lost' about $210M in salaries since the mid October offer.