TORONTO (CP) - Collective bargaining between the NHL and the NHL Players' Association resumes Wednesday.
The sides last met July 21 in New York for four hours, during which the league submitted outlines of six concepts furthering its stated need for cost certainty. The union subsequently turned thumbs down because ``each one of them begins and ends with a salary cap and that doesn't provide any basis for any progress,'' said senior director Ted Saskin.
Bill Daly, the league's chief legal counsel, said at the time it was a hopeful sign that the union asked for additional information on the concepts.
The CBA, twice extended in the last 10 years, expires Sept. 15 - the day after the World Cup championship game in Toronto.
The league says that 75 per cent of total revenues in 2002-03 went to player costs, leaving only 25 per cent to pay for coaches, travel, building costs, marketing and advertising.
The NHLPA proposed a system last Oct. 1 that included revenue sharing, a luxury tax, a one-time five per cent rollback in salaries and some changes to the entry-level system. Before the meeting two weeks ago in New York, the two sides hadn't met since May 25. The meeting Wednesday is at 10 a.m. EDT at the NHLPA offices.
I doubt anything will happen tomorrow. Real business won't start being solved until right before the deadline...if then