Terrific news on the NHL labour wars, the owners have submitted a new proposal to the player’s association and it actually looks similar to one that the PA might consider accepting.
Total details have not been confirmed but the main points seem to be this:
50/50 Split of Hockey Related Revenues
The players were inevitably going to have to give up some money, especially after the NBA and NFL labour deals put their player’s share around 50%. This also is probably the biggest thing the owners wanted to get the most out off and they do get to significantly lower their expected operating costs.
Free Agency at 28 or 8 years of service
The Player’s big win from last time around was getting the UFA age down to 27 or 7 years service. Giving up one year on that probably isn’t a big deal for them compared to losing a season. A small win for the owners that is more symbolic than meaningful. RFA’s didn’t have it that bad in making money in the last CBA and I don’t think this changes that.
Non ELC contracts maximum 5 years.
A bit of good governance that a lot off people have been calling for. A cap on contract length gets rid of the old cap-circumvention tricks. Expect the standard for a All-Star UFA contract to go from 8-13 seasons at ~7 Million dollars to 8-12 Million dollars for 5 years. We may finally see star players take up cap hits commensurate with their worth again.
Revenue sharing ~200 million
The players were pushing for 240 million, this gets them pretty close and pushes the NHL closer to Fehr’s goal of making them more like the MLB.
AHL Contracts count on the cap
The Wade Redden rule. This stinks for Montreal who sure could have used the opportunity to get rid of Gomez’s 7.34 million dollar cap hit by dumping him to the AHL. It stinks even worse for the Rangers who have grown accustomed to dumping Redden’s 6.5 million deal in the AHL and would have to accomodate him as well as their quartet of big money players in Richards, Gaborik, Nash and Lundqvist.
NHL plays the full schedule this year
Something we’ve all been hoping for, no lost year, not even lost games due to some catching up.
All told, this is the previous CBA repeated again for 6 years with some cosmetic changes and a drop in the player’s cut in revenue. The players made out with the previous CBA on the whole of it. If this kind of deal is really on the table they should probably take it after some slight negotiations around the edges.