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Players and Owners reach an agreement (MOD: circa 5am ET 1/6/13)

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01-06-2013, 04:22 PM
  #301
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Quote:
Originally Posted by Dado View Post
It's in the links-only sticky thread. I believe Mirtle reported this.
Thanks. Between that and the cap escalator, I see the NHL hasn't learned much. Almost certainly going to be issues in 8-10 years.

However even a % based floor has it's own issues. The NHL doesn't want there to be too much of a difference between the top teams and the bottom teams. The PA wants the bottom teams to be forced to spend money as it inflates all salaries, and keeps it's members employed.

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01-06-2013, 04:32 PM
  #302
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All right, there's probably going to be a lockout in 8 years, but I don't give a crap about that now!

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01-06-2013, 04:34 PM
  #303
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Since Bettman will be 68 in 8 years, their is a possibility that he will still be around so lockout here we come.

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01-06-2013, 04:41 PM
  #304
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Quote:
Originally Posted by ScottyBowman View Post
Since Bettman will be 68 in 8 years, their is a possibility that he will still be around so lockout here we come.
That's not on Bettman. A pro league will not go into a season without a CBA in place. The potential risk is too great.

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01-06-2013, 04:43 PM
  #305
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Originally Posted by Riptide View Post
That's not on Bettman. A pro league will not go into a season without a CBA in place. The potential risk is too great.
Right but if the owners can opt out in 8 years, they will. They went from 57% down to 50%. Next they will go down to 46%.

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01-06-2013, 04:48 PM
  #306
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Originally Posted by ScottyBowman View Post
Right but if the owners can opt out in 8 years, they will. They went from 57% down to 50%. Next they will go down to 46%.
Depends. I can actually see them waiting out the 10 years to see what the NBA/NFL do. It's easier for the NHL to try and follow suit, than to lead in that regard.

Additionally everyone (fans/players/media) perceives 50/50 as fair. They'll have a hell of a lot harder time convincing people that it needs to go down further. They'd likely have more luck trying to write off expenses (travel costs, etc) against HRR than to cut it back further.

Edit, I think at that point the NHL needs to re-evaluate things. If smaller teams can't stay afloat with RS, they need to massively overhaul the RS system (not that it would likely make a difference, as their wealth transfer system likely transfers more money than the NBA or the NFL). Or make some massive changes to how the floor is calculated, and back away from their idea of parity. Because I don't see the PA giving up a few percentage points without a fight.

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01-06-2013, 04:49 PM
  #307
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Quote:
Originally Posted by ScottyBowman View Post
Right but if the owners can opt out in 8 years, they will. They went from 57% down to 50%. Next they will go down to 46%.
If the owners are the ones who choose to opt out then there is big trouble in river city.

They had the fans on their side almost 100% in 2005. The have had the proportion of the support in this lockout, but there is still a danger that they have damaged the support from fans and sponsors. If they do this again, two years before they have to they will have a disaster on their hands.

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01-06-2013, 05:07 PM
  #308
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Quote:
Originally Posted by Fourier View Post
If the owners are the ones who choose to opt out then there is big trouble in river city.

They had the fans on their side almost 100% in 2005. The have had the proportion of the support in this lockout, but there is still a danger that they have damaged the support from fans and sponsors. If they do this again, two years before they have to they will have a disaster on their hands.
Will they have much of a choice? With some assumptions (3B HRR in year 2, consistent 5% growth), come year 8 the floor will be ~59m and ceiling will be ~75m (4B HRR). Come year 10 it'll be ~65/81m. If growth is more (say 5% for 3 years, then steady 7%), year 8 will be 64/80 and year 10 will be 74/90m. Add in 45-50m in non player expenses (those grew from ~20m in 02 to ~45m in 2012), and do you really think that every team will be bringing in the required 100-125m to break even?

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01-06-2013, 05:11 PM
  #309
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I love how the American media outlets are treating this about as news-worthy as what Andrew Luck is having for breakfast.
Oh, yeah? What did he have?

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01-06-2013, 05:24 PM
  #310
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Quote:
Originally Posted by ScottyBowman View Post
Since Bettman will be 68 in 8 years, their is a possibility that he will still be around so lockout here we come.
Wait, so are you positing that Bettman is the reason for the lockout?

Quote:
Originally Posted by ScottyBowman View Post
Right but if the owners can opt out in 8 years, they will. They went from 57% down to 50%. Next they will go down to 46%.
Or are you blaming the owners?

Or both?

Just curious, that's all.

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01-06-2013, 05:26 PM
  #311
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Quote:
Originally Posted by Masao View Post
So, the agreement is for 10 years? I guess this means that in 10 years we'll have another lock-out... since we have one every single time a CBA expires.
10 years but either side can opt out after 8. Why not say it's forever but either side can opt out after 8?

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01-06-2013, 05:32 PM
  #312
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https://www.google.ca/search?q=drege...w=1224&bih=455

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01-06-2013, 05:33 PM
  #313
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Quote:
Originally Posted by Wingsfan2965 View Post
"Welcome to Russia, Mr. Letang. Here's your ticket back to the United States, your plane leaves in 15 minutes".
Did Letang play sunday night in KHL??

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01-06-2013, 05:46 PM
  #314
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Does the new agreement have any "outs" of contracts?

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01-06-2013, 06:09 PM
  #315
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Did Letang play sunday night in KHL??
No. He never even stepped foot in Russia. He signed a contract with SKA contingent on the NHL season being cancelled next week.

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01-06-2013, 06:09 PM
  #316
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Quote:
Originally Posted by satcat View Post
So if Phoenix is such a money drain on the NHL,Why are they using revenue sharing [Which helps small market teams] to keep it running.....Almost like having an ATM spewing bills into a paper shredder....
It's a big TV market. Maybe NBC wants it there. (Then again, so was Atlanta...)

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01-06-2013, 06:11 PM
  #317
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Quote:
Originally Posted by EbonyRaptor View Post
Are you sure about that? I thought the 2 buyouts were available only before the 2013/14 season - not the 2014/15 season.
This is what I have seen reported, but we won't know for sure until the CBA is fully released by the NHL.

NHL franchises will be allowed to use the buyouts starting this summer and they will also have the opportunity to exercise them during the 2014 off-season. They can buy out two players simultaneously or spread them out if they wish.

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01-06-2013, 06:48 PM
  #318
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Originally Posted by Riptide View Post
Sure there's a chance, but honestly I don't think it'll make much of a difference at all.
Maybe not, but at least its a chance-fans can at the very least say when their team finishes 9th "well, at least we have a chance at the first overall now"-it's not much, but it gives the fans of the team something to be a little more positive, instead of "gosh, didn't make the playoffs and didn't finish in bottom 5, another guaranteed midround pick"

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01-06-2013, 06:48 PM
  #319
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I am glad hockey is back for a while. The players made out like bandits--keeping jobs for their union membership in areas where average real ticket price is less than prices in northern AHL cities and long term that worries me unless massive contraction/transfer of franchises/huge charitable donations from well financed teams to the bottom feeders occurs. If the NHL is also on the hook for all defined benefit pension shortfall I can see financial storms arising unless the NHLPA massively funds the plan while limiting the payouts. Anyhow I am waiting to fill in my hockey schedule!

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01-06-2013, 07:08 PM
  #320
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in the confirmed details thread there is this:
Quote:
Y3 - Y10: Midpoint will be calculated based on 50% HRR. Ceiling may not drop below 64.3M. Cap floor remains 16M below ceiling
any link for this?

that would be a surprise, league was not supposed to accept a fixed minimum cap , delinked from HRR.

Also surprised i couldn't find yet any comments on this.

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01-06-2013, 07:11 PM
  #321
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There are two types of linkage. One is where the players share of revenue is set. The other is in the method used to calculate the cap. The cap is partially de-linked, but only in seasons where revenue is below $3.378B. Escrow takes care of the other type of linkage.


Last edited by Crease: 01-06-2013 at 07:17 PM. Reason: moved from the Confirmed Details thread. Discussion.
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01-06-2013, 07:11 PM
  #322
Riptide
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Quote:
Originally Posted by helicecopter View Post
in the confirmed details thread there is this:

any link for this?

that would be a surprise, league was not supposed to accept a fixed minimum cap , delinked from HRR.

Also surprised i couldn't find yet any comments on this.
Escrow is still there... so regardless of what the cap his, the players will just get hammered in escrow.

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01-06-2013, 07:11 PM
  #323
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So, the NHL and the NHLPA reach a deal on the feast of Epiphany.

I guess there couldn't be a better day for them to see the light.

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01-06-2013, 07:11 PM
  #324
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Quote:
Originally Posted by helicecopter View Post
in the confirmed details thread there is this:

any link for this?

that would be a surprise, league was not supposed to accept a fixed minimum cap , delinked from HRR.

Also surprised i couldn't find yet any comments on this.
Yes. It's addressed in post #6 of the Confirmed Details thread.

http://sports.nationalpost.com/2013/...ir-the-damage/

Quote:
Teams can spend up to US$70.2-million this year, and the cap in 2013-14 will be US$64.3-million, which is closer to what the players wanted to begin the day than what the owners wanted. The floor, both years, will be US$44-million. The cap is also guaranteed not to fall below US$64.3-million in subsequent years. Contract variance from year-to-year will be limited to 35%, and can never drop below 50% of the highest year of any deal, which puts contracts in a box.
It's not de-linked per se because no matter what the ceiling is set to, the players are still guaranteed only 50% of HRR for that season. Escrow is not capped so any artificial increase to the ceiling is moot as far as total player share is concerned.

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01-06-2013, 07:17 PM
  #325
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Now that THAT is out of the way, I hate you all again!
Just kidding. CBJ sucks, but they're MY team.


Last edited by leesmith: 01-06-2013 at 07:31 PM.
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