HF Boards Proposal: Possible Deal on Table

Discussion in 'The Business of Hockey' started by two out of three*, Feb 4, 2005.

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  1. http://www.angelfire.com/ultra2/hfproposal/CBA

    There is the link. Keep in mind this isn't the final deal. Still waiting on the owners approval. I made this just in case it is accepted because I was bored all day waiting around for news during the real meetings.

    IMO with a higher luxury tax in this proposal it could work, even without the trade window in arbitration that was eliminated in this offer.

    Tell me if that link doesn't work.
     
    Last edited by a moderator: Feb 6, 2005
  2. OilerFan4Life

    OilerFan4Life Registered User

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    Excellent...hopefully the ownership can see eye-to-eye with our philosophy.
     
  3. Does that link work?
     
  4. OilerFan4Life

    OilerFan4Life Registered User

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    yup links good.
     
  5. Biggest Canuck Fan

    Biggest Canuck Fan BCF

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    The only part I am confused about is the 50 hard cap, but a soft cap of 40 and then 45 if teams go over 40?

    I just want to be clear, 40 is the ceilng where you would pay no penalties?

    And what happens to the funds created by going over the 40 and 45 threash hold?
     
  6. Its a $30M Floor, and a $50M Ceilling (Hard Cap.)

    When a team htis $40M in payroll then they pay a lux tax of dollar for dollar. THEN, when they hit $45M they have to pay a tax of 1.25 for every dollar. (which I think should be higher.)

    As for the funds.. 20% goes strictly to marketing the league ( im the idiot who forgot to add that in :) )
     
  7. Biggest Canuck Fan

    Biggest Canuck Fan BCF

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    where does the other 80% get dispersed? What makes a team qualify for these funds?
     
  8. The other 80% hasn't been decided yet. Remember thats not a final offer, there are still some other things that must be worked out. We were leaning I believe to dispersing that other 80% to the poorer teams in the league starting with the poorest first.

    That would've been the case, but the PA don't want a cent going to an owner like Wirtz.
     
  9. Any thoughts on what we should stick with/change?
     
  10. Biggest Canuck Fan

    Biggest Canuck Fan BCF

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    Well there has to be a measurable system for where the money goes.

    Teams that, based on the previous system, made negative to 2 million profit (as outlined in part XXX of the CBA) will receive a share of 50% of the moneys collected from the teams that are in Cap violation.

    Teams that, based on the previous system, made 2 million plus recieve a share of 30% of the monies collected.

    Teams that spend over the Cap of 40 million are ineligible for the said monies.

    20% of the monies collected from the over spending teams will be distributed and used by the NHLPA and NHL to promot the games in the markets where attendance is below league average.
     
  11. OilerFan4Life

    OilerFan4Life Registered User

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    As a PA guy, the one thing I couldnt stress enough, was that people like Bill Wertz should not be handed over tax money for putting a ****** team on the ice..No further comments.
     
  12. I tend to disagree... A new CBA is supposed to be for all 30 teams.. Not 29.

    Even IF it is Wirtz.
     
  13. OilerFan4Life

    OilerFan4Life Registered User

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    Id just like to say that I was mis-quoted earlier today. The "media" seems to take things out of context during these rough negotiating periods. :p:
     
  14. Trottier

    Trottier Very Random

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    As one involved in this faux-CBA exercise, I think more than 20% of luxury tax proceeds should be devoted toward league marketing. The rest should not be handed out to the poorer teams in the league, based on some some welfare-like equation. That would reward failure. It should be vested in a "NHL rainy day" account, with proceeds granted only on a very strict "hardship case" basis to individual teams.

    That is, if a franchise is truly facing financial peril, as defined by several clear parameters, it should be able to apply for financial aid from the aforementioned account. The commisioner would have jurisdiction over dispersement.

    No mandated handouts. But at the same time, the monies could be used to help a team(s) avoid financial ruin, which could ultimately result in re-location or bankruptcy. For, despite the casual way in which some fans deal with the hypothetical loss of NHL franchises, it would not be a healthy development for the league, whatsoever.
     
    Last edited: Feb 4, 2005
  15. Hockeyfan02

    Hockeyfan02 Registered User

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    I like the deal. Its definitely a compromise for both sides. Looks like you guys worked hard at this. Good job.
     
  16. speeds

    speeds Registered User

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    one thing the luxury tax money could be used for is to pay out the award bonuses.

    Are those bonuses extra when compared to what is available now in individual contracts, or would they replace those bonuses?

    Meaning that players aren't allowed to have clauses like 500 K for winning the Hart in their contract anymore, since those bonuses now come from the league and not the team?

    Some other comments:

    (1) player 25 game injured clause - does this mean that the games beyond the first 25 don't count if the player doesn't come back within 25 games, or do the first 25 not count either?

    (2)Why 7 years service? Just a negotiated number?

    (3) how will you deal with signing/ performance bonuses as it relates to the cap? Are they even allowed anymore?
     
  17. OilerFan4Life

    OilerFan4Life Registered User

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    lol...I dont remember any of those talks. All I can tell you, is that the 7 years was an owners number. Meaning 7 seasons of atleast 60 games though.
     
  18. 1) The first 25 games count as games played. Any game after the 25th does not count unless he comes off the injured list.

    2) PA offered 5 years or age 26 which IMO is riduclous. Owners negotiated it to 7 years or age 29, and the full season number got bumped down to 50.

    3) My feeling is that bonuses do not go against the cap.
     
  19. speeds

    speeds Registered User

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    ***flashing lights, buzzers, bells and sirens going off***
     
  20. Hire Sather

    Hire Sather Window Open

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    TSN.ca reports that HF Boards has agreed to a deal in principal for a new CBA. Details to follow.
     
  21. I dont know if we are going to put that in the deal. That was just my thinking.
     
  22. OilerFan4Life

    OilerFan4Life Registered User

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    When are the owners meeting? I wanna get this deal signed and delivered.
     

  23. Match the owners concessions, and we can get something going.. :)
     
  24. OilerFan4Life

    OilerFan4Life Registered User

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    I suggest a Monday evening meeting, with everyone..Its the only way we can get the right deal in place.
     
  25. Dave is a killer

    Dave is a killer Dave's a Mess

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    could someone host this on a different website?

    I don't have a document ID or Adobe login

    Thanks
     
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