NHL 2020-2021 season start/schedule

[Mightygoose]

Why? I think deferral is a good compromise. Players defer to years when escrow withholding will be lower while owners get some short term liquidity break.

Agreed they won't be losing anything long but I can't see the players agreeing to this amount.

Depends on how much of a hill the owners want to die on this amount, it will be hard to get an agreement in time to start in 6 weeks.

 

[mouser]

I think the January 1 pick drop is looking allot less certain

that would be a lot better for players than a prorated deal, as it’s a deferral.

Is it clear the NHL isn’t asking for both deferral and pro-ration?

 

[Mightygoose]

Is it clear the NHL isn’t asking for both deferral and pro-ration?

According to Friedman, the extra 13% is not an official proposal.

NHL, NHLPA take first step in addressing issues with 2020-21 salaries

Nothing pro rated but would still reduce gross pay to 62% after escrow is factored in

 

[LadyStanley]

Hmmm

 

[robertocarlos]

that would be a lot better for players than a prorated deal, as it’s a deferral.

Can't we have both?

 

[LadyStanley]

Progress?

 

[LadyStanley]

Saving players from themselves?

 

[Golden_Jet]

I had a feeling that’s how it would go.
starting to think 50/50 on a deal, maybe better to start full season in October now.

 

[LeHab]

NHL seeking additional deferment on player salaries, raise on escrow caps

NHL also considering/proposing increasing escrow withholding cap in later years as an option.

 

[LeHab]

I had a feeling that’s how it would go.
starting to think 50/50 on a deal, maybe better to start full season in October now.

Both sides have too much to lose by not playing. There will be a deal, nothing wrong with more negotiations for extra concessions.

 

[DaBadGuy7]

Both sides have too much to lose by not playing. There will be a deal, nothing wrong with more negotiations for extra concessions.

Pretty much, there will be a season in early January, both sides are posturing to a compromise.

 

[Ernie]

Not sure how the NHL didn't take into account that the escrow caps might result in the league being under 50% at the end of the CBA.

Did they just assume that covid would be over by Christmas?

 

[Golden_Jet]

Not sure how the NHL didn't take into account that the escrow caps might result in the league being under 50% at the end of the CBA.

Did they just assume that covid would be over by Christmas?

Lebrun on Twitter said that language was put in the deal, and it would carry over to the next deal.
I don’t get the point of that. I feel the sooner they take the hit the sooner back to normal.

 

[robertocarlos]

Not sure how the NHL didn't take into account that the escrow caps might result in the league being under 50% at the end of the CBA.

Did they just assume that covid would be over by Christmas?

Pretty much. It was wishful thinking. If your job depends on you not understanding something then you won't understand it.
Plus the union eats their young. So both sides are to blame.

 

[LeHab]

Not sure how the NHL didn't take into account that the escrow caps might result in the league being under 50% at the end of the CBA.

They did, from memory if escrow debt is between $125-250M an extra year is added to CBA automatically. If above $250m then debt will carry into new CBA.

 

[BLONG7]

This will get ugly, again............the union has members who make 10M and 750k there is almost no way the players will all agree to do one thing or another.........it's tough on everyone because there will be very little revenue generated in the league until people can return to games....tough times.
The players will have to cave, and pay the money back over the next couple of years...until full revenue can be generated once again.

 

[BoredBrandonPridham]

the union has members who make 10M and 750k there is almost no way the players will all agree to do one thing or another

It always has and yet they regularly agree to do things.

The players will have to cave, and pay the money back over the next couple of years

They already have to pay the money back over the next couple years and have agreed to do so. It's more a matter of how quickly that payback will happen right now, taking into consideration all the unknowns around quickly revenue will be able to bounce back in the future.

 

[Ernie]

They did, from memory if escrow debt is between $125-250M an extra year is added to CBA automatically. If above $250m then debt will carry into new CBA.

This whole "carry into the next CBA" seems dodgy at best. Who says that players 6 years down the road will want to pay off what is essentially the debt of players who are mostly not in the league anymore?

No doubt Bettman is working that into his calculations and is using the leverage he has right now to try to fix it.

 

[LadyStanley]

LeBrun summary

 

[BoredBrandonPridham]

This whole "carry into the next CBA" seems dodgy at best. Who says that players 6 years down the road will want to pay off what is essentially the debt of players who are mostly not in the league anymore?

No doubt Bettman is working that into his calculations and is using the leverage he has right now to try to fix it.

It is not the debt of players who are not in the league anymore. It is the debt of the players association in which membership is mandatory if you want to play in the NHL. The majority of the players who come into the league at or close to league minimum scoffing at the debt that was "left behind" can rest assured that in exceptional circumstances, they too will be protected in some regard to try and balance the livelihoods of current players trying to pay bills and the overall success of the league that pays their future salaries.

 

[LadyStanley]

Getting a lot closer to 50% of contracted salary.

 

[vorky]

Getting a lot closer to 50% of contracted salary.

poor players

 

[Golden_Jet]

Players feeling angry, betrayed by NHL’s new CBA amendment proposals

 

[Satoru Gojo]

Dear god please don't cancel over $$$

 

[Ernie]

It is not the debt of players who are not in the league anymore. It is the debt of the players association in which membership is mandatory if you want to play in the NHL. The majority of the players who come into the league at or close to league minimum scoffing at the debt that was "left behind" can rest assured that in exceptional circumstances, they too will be protected in some regard to try and balance the livelihoods of current players trying to pay bills and the overall success of the league that pays their future salaries.

Given the opposition to escrow amongst the players, I think you overestimate their financial savvy. Psychologically it may suck to see a percentage of your pay check disappear, but functionally there's no difference between that and changing the formula to keep the cap lower.

Thinking that future players are going to be ok with giving a giving escrow back to the league to pay for this is not likely. Everything will be up for negotiation when this CBA expires, so if the league wants its money back it likely needs to exert its leverage now.