Brain Hemorrhage
Registered User
I was researching collective bargaining possibilities for a fantasy league I am running when I came across this snippet from the St. Louis Blues website:
I then wondered, if each club has to pay its players between 32 and 42 million, what is the point of "maximum Player Compensation from 54% to 55% of League-wide Revenues and guarantees that Players will receive a minimum payment of 53% of League-wide Revenues"? Don't they both regular how much the players can make? For instance, is every team paid their players 42 million that would be 30*42 million. What if that number is greater than 55%?http://www.stlouisblues.com/news/0405/050202.html said:2. A League-wide Player Compensation Range, which again increases the League's offer on maximum Player Compensation from 54% to 55% of League-wide Revenues and guarantees that Players will receive a minimum payment of 53% of League-wide Revenues;
3. A Floating Team Payroll Range, which would obligate each Club to pay its Players no less than $32 million and no more than $42 million in Player Compensation on an annualized basis. The Payroll Range would be adjusted every year to reflect changes in League-wide Revenues;