All I think back to is this comment from Toews...
“I don’t care how much money you make or what you do, you sign a contract, you feel like you’ve earned that and you expect that your employer is going to hold up his end of the deal,” Chicago Blackhawks captain Jonathan Toews said. “At the end of each season to be told that they’re going to take back 10 or 12 or 15 or sometimes 20 percent of your contract? I think that’s a kick you-know-where. I don’t agree with that, and I think there’s a lot of things the NHL can do to promote the game and enhance the business side of the game. Their mistakes shouldn’t be coming out of the players’ pockets.”
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I see this as the players don't really care for the business reasons why, or even understand why there is escrow, but all they want is at the end of the day is.... If player A signs a $8,000,000/year contract, they want their $8,000,000.
JMO, but if escrow becomes the hill the PA is going to die on, then we will not have a season once the CBA expires.
This is what I was referring to earlier,
@cbcwpg.
How do you describe this????
#1 - The growth in HRR is already built into the estimate from which the players can decide whether to use an escalator or not. Toews' quote seems to suggest that the owners are obligated to grow even MORE revenue..... That's the comment of a person who is willingly ignorant of the situation.
#2 - Every player, if he is paying attention AT ALL, already knows, when he signs the contract, about how the CBA works. Not realizing that is again, willingly ignorant.
#3 - He is blaming the owners and accusing them of some sort of cheating going on. Escrow is NOT the owners taking money. For him to assume that, and blame the owners, is again willingly ignorant.
I get it that the players don't like to see less than their contract says. But, if there is going to be a cost certainty of 50/50 split of HRR, it is a necessary matter.
So, I can only come to one of 2 conclusions....
1- The players are collectively ignorant of the system they have been laboring under for that last 2 CBAs. And, if they choose to argue about it now, it's going to cost them MORE, not LESS, because the owners are going to demand something in return for giving up cost certainty, and it's going to be $$$.
or....
2- The players all really already realize this, but they are negotiating in the press. And, what Fehr has convinced them is possible is the end of a cap system in total. If this is what they want, they had better be prepared to lose the entire season, because it won't happen.
Extra: To avoid escrow.....
1- Find the 5-yr running average of increase in HRR, and apply this to last season's in order to get next year's estimate of HRR. Multiply by 50% for the players' share. Divide by 31 for each team's share.
2- Find the 5-yr running average of how much of the CAP CEILING was spent on player salaries (cap numbers). This will something like 94%, for example. Divide the number found at the end of #1 by this number (so it increases), and the resulting number is your CAP CEILING for each team. No escrow. The number on your contract is your salary.
3- Decide how low you want the floor to be.
RESULT: Next year's players' costs will be near to 50% of HRR, within 2% or close to it, if the estimates are good.
WIGGLE ROOM: Since cap hit and salary paid are 2 different things, there may be hidden costs in this - LTIR, insurance, etc.... The rules would have to be defined, since we can't just use escrow to make everything right, we have to do it ahead.....
For example, the rule has to be: ALL Bonuses and all NHL salary dollars, no matter how spent, count against the cap. This would complicate GMs lives, because they would have to leave themselves cap room for call ups in the event of injuries, etc.
2ND RESULT: Salaries would DECREASE, because the amount lost in scrow would now be counted in the cap cost itself - in other words, the cap would be LOWER.
3RD RESULT; Since cost certainty is lost, the owners will demand something. Probably 2% more of HRR.
CONCLUSION: The players fighting about this is NOT going to come out the way they want. It simply can't.