cheswick
Non-registered User
With salaries preserved?? That's new. Wonder what it means? I assume its using escrow rather than a total roll back
All's Fehr in Love and War (CBA & Lockout Discussion) - Part VII
- Thread starter Hank Chinaski
- Start date
- Status
With salaries preserved?? That's new. Wonder what it means? I assume its using escrow rather than a total roll back
Morris Wanchuk
.......
At least the NHL is willing to preserve the salaries. This looks like a good starting point for some real negotiation finally.
Still need to have camp. I would assume opening night would be Nov 2nd with each team playing 2/3 exhibition games against their closest geographical rival (Tor/Buf, Mtl/Ott, NYR/NYI/NJ/PHI, Clb/Pit) as a camp.
falconski
Unregistered User
- Jan 21, 2008
- 11,973
- 2,041
training camps, getting players back from overseas, plus there's still a couple RFAs that need to be signed
and the PA is probably going to wait a few days before signing if they like it...at least to iron out the details (expecting they want a gradual phase-in to 50)
The ones that have been playing in Europe should be fine.
I just want hockey now.
Marc the Habs Fan
Moderator
There's no rollback...but going from 57% to 50% means lots of escrow for all players. Also means a lower cap, which means certain underperfoming vets getting dumped to the AHL.
Because they know the Players will still want to negociate a few non-core economic issues even in a best case scenerio. And that the Players that went to Europe need time to come back and get ready.
So, this final offer to save the season is built with some leeway to give it better odds of working.
Crease
Chief Justice of the HFNYR Court
- Jul 12, 2004
- 24,156
- 25,796
Maybe my math is fuzzy but if HRR is split 50/50 in year 1, how are salaries "preserved"? Wouldn't adjustments to paychecks be made through escrow since most teams would be over the new cap? I suspect "preservation of salary" just means no rollbacks.
WayneSid9987
Registered User
- Nov 24, 2009
- 30,054
- 5,676
Chris Johnston @reporterchris
Gary Bettman on NHL's offer: "It was done in the spirit of getting a deal done."
Pierre LeBrun @Real_ESPNLeBrun
Am told in NHL offer there is a proposal designed to "protect" players for salary reductions in the initial years
Gary Bettman on NHL's offer: "It was done in the spirit of getting a deal done."
Pierre LeBrun @Real_ESPNLeBrun
Am told in NHL offer there is a proposal designed to "protect" players for salary reductions in the initial years
Morris Wanchuk
.......
MaskedSonja
Registered User
Whatever the means-if the cap effectively drops by 7 percent, besides escrow I would think there would have to be amnesty buyouts, that's just a huge drop.
Marc the Habs Fan
Moderator
Pierre LeBrun @Real_ESPNLeBrun
Also league has taken off table some of the systemic changes to player contracts which they asked for in initial July offer
That's possible.
Also league has taken off table some of the systemic changes to player contracts which they asked for in initial July offer
That's possible.
Last work stoppage there was a built in salary rollback of I think 24% in the deal if I'm correct.
Sure the paychecks might be adjusted... but the term/figures of the salaries would be preserved.
NewBoysClub97*
All-Star
Wow. This is a solid deal so far
David Pagnotta @TheFourthPeriod
Just told from NHL source that the NHL's new offer is based on current HRR definition, which is significant.
David Pagnotta @TheFourthPeriod
Just told from NHL source that the NHL's new offer is based on current HRR definition, which is significant.
Crease
Chief Justice of the HFNYR Court
- Jul 12, 2004
- 24,156
- 25,796
Yeah. No way the PA accepts a stealth rollback via escrow. Curious how the league and clubs will finance amnesty buyouts.
KingsFan7824
Registered User
Time goes by quickly. They already cut off the schedule to Oct 24th I believe, so from that day it's a little more than a week if they start Nov 2nd. Like was said, more than enough logistics to go through in 2.5 weeks, if a deal gets done.
- Status
