NHL CBA Update | @TonyStabile Breaks Down League’s New Offer
The NHL made a significant offer to NHLPA Director Donald Fehr today in hopes of salvaging a full 82 game schedule.
The reason behind the significance is the NHL’s removal of the rollback of current player salaries, and the split of HRR (Hockey Related Revenue) at an equal 50%. The NHL previously was demanding an 18% rollback of all current player salaries and a reduction of HHR to 43 % (their current take).
Here are some of the other details of the offer.
Contract Length Caps
NHL proposes capping the player contract length to a maximum of 5 years.
Good and bad, but it levels the playing field by not allowing teams to bury a huge contract with 4-5 years of a player making $1 million per after several seasons of $13 million per. In plain English…no more “Lifetime” contracts. Call this the Shea Weber rule
NHL proposes free agency at 28 and 8 years of NHL service.
In the previous CBA, free agency started at 27 years of age and 7 years of NHL service. Gives teams an extra year with their franchise player, before having to pay out max contracts. Call this one the Zach Parise Rule.
NHL proposes revenue sharing would be at or near $200 million.
Currently, revenue sharing was set at about $150 million.
NHL proposes Arbitration stays.
In previous offers, the league wanted to removed arbitration.
NHL proposes that NHL players sent to play in the AHL would have that player’s salary count against the cap.
Pretty self explanatory, just call this one the Wade Redden rule.
Those are all of the details so far, keep checking with Hockey This Week for all of the latest on this latest proposal and the now jump started negotiations.
For Hockey This Week….I’m Tony Stabile
Follow Tony on Twitter @tonystabile