They should just eliminate the salary cap for one season, just let everyone go HAM.
So I read this as Bettman simply saying to the PA...... "look, you owe us XX million...... what mechanism do you suggest using to pay this back while maintaining a 50/50 split overall. It seems the current system (with a annually decreasing escrow) is not sustainable to achieve this objective. What mechanism do you suggest we use for this re-payment??..... I'm all ears"
Would this be accurate??
So I read this as Bettman simply saying to the PA...... "look, you owe us XX million...... what mechanism do you suggest using to pay this back while maintaining a 50/50 split overall. It seems the current system (with a annually decreasing escrow) is not sustainable to achieve this objective. What mechanism do you suggest we use for this re-payment??..... I'm all ears"
Would this be accurate??
Unless the owners are using this as a play to use Force Majeure and close down the season, yea.
The players are saying they have a deal in place however. And for once I sort of agree with them. Nothing that is happening is unexpected so why did the NHL not calculate the impact earlier?
Unless the owners are using this as a play to use Force Majeure and close down the season, yea.
The players are saying they have a deal in place however. And for once I sort of agree with them. Nothing that is happening is unexpected so why did the NHL not calculate the impact earlier?
Kind of. There's a discrepancy in the MOU in that it 'guarantees' a 50/50 split in HRR, but the mechanisms put in place to ensure a 50/50 split don't appear to work, and thus it appears that by the expiry of the MOU the players will have received in excess of 50% of HRR.
Owners of course point to the 50/50 guarantee the players agreed to.
Players point to the escrow mechanisms the owners agreed to.
This is a very large game of chicken going on. Since there's a MOU agreed to, the only leverage the owners have is shutting down the entire season (ironically merely delaying the season works to the players benefit, as they get a guaranteed salary no matter how many games they play).
Yes, I agree the NHL mis-calculated, and I also agree that yes there is a deal in place. But I also look at it as, if the NHL were to honour the existing deal, then by what method will the players be using to pay back the shortfall to honour the 50/50 split.
How does that work say for a player who is on the last year of his contract, and doesn't play again after this year. If after they do the HRR calculations, and determine that the current escrow amount wasn't sufficient, would this player personally have to repay a portion of his salary back to the league at some point, or is it just kicked down the road for a future year player to have to 'pay it back' with a higher escrow % in later years?
How does that work say for a player who is on the last year of his contract, and doesn't play again after this year. If after they do the HRR calculations, and determine that the current escrow amount wasn't sufficient, would this player personally have to repay a portion of his salary back to the league at some point, or is it just kicked down the road for a future year player to have to 'pay it back' with a higher escrow % in later years?