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Category: NHLPA

Escrow Withholding Increases

via Larry Brooks tweets,

Second quarter escrow withholding rate increases from 11.5 to 13.5% in response to NHL’s downward adjustment of second quarter HRR, Post has learned.

According to PA, current NHL HRR projection reflects lowest growth rate "by far" under current CBA. Yet franchise values continue to soar.

Pierre LeBrun tweet,

Certainly noteworthy. Not only because of lower HRR projections but also because of exchange rate and increased player compensation.Pierre LeBrun added,

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The Expected NHL Salary Cap For Next Season Is $83M

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All-Star Hero Campaign Launched To Recognize Military Personnel

TORONTO/ HASTINGS, Minn. (Dec. 3, 2018) – Who’s your All-Star Hero? The United Heroes League (UHL) and the National Hockey League Players’ Association (NHLPA) through the players’ NHLPA Goals & Dreams fund have announced the launch of the All-Star Hero campaign to recognize military personnel and their families for their services.

Continue Reading »

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  Tags: uhl

Working To Avoid A Lockout

from Larry Brooks of the New York Post,

The Canceler-in-Chief’s collective bargaining history precedes him, so buyer beware, but it is a fact that all precincts are reporting reason for optimism as the NHL and the NHLPA continue a series of preliminary talks aimed at extending the CBA before either party can exercise its reopener in September 2019.

We’re told by multiple sources that Gary Bettman is not particularly keen on leaving behind a legacy of orchestrating four consecutive lockouts within 17 years, and as such, the commissioner is seeking to find common ground with the union and an early peace accord that would extend the labor agreement beyond 2019-20.

Ownership hawks such as Boston’s always self-interested “Mr. Jacobs,” the Board chairman, could exert their will and push the commissioner into taking a harder line, but there is no evidence of that, at least at this point. Yes, it is early, but the tone and tenor from both the league and union are in stark contrast to the atmosphere leading into both the 2004 and 2012 lockouts, with dialog ongoing between union officials and Deputy Dawg Bill Daly.

continued plus more topics...

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The Two Sides On CBA Talk

from Kevin McGran of the Toronto Star,

Daly said the league is pleased with the current CBA — which splits hockey-related revenue between the owners and players 50-50 through salary cap – and would not be looking at much by way of change.

“That’s fair,” said Daly. “If you asked me what the board’s view is right now, they’re pretty happy with what’s going on.”

That doesn’t mean the players are happy.

“You don’t see the owner’s complaining about the CBA or player costs very much if at all,” said Fehr. “That’s not surprising given the magnitude of concessions the players made in the last agreement. If you add it up over the course of this agreement, it’s well into 10 figures. It’s one of the reasons franchise values have gone up.

“That said, when things are going well, that’s the point in time employees would look to make improvements.”

more plus World Cup of Hockey talk and Seattle expansion...

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Law Firm For Former NHL Players In Concussion Lawsuit Recommends Players Accept The Offer

from Mike Ozanian of Forbes,

The class action lawsuit filed by former NHL players in 2016 is on the verge of being settled for $18.9 million. The amount that would go to the players would total $6.9 million, or just $22,000 per player, according to an email and documents obtained by Forbes.

In short, the case is about former NHL players who say they suffered concussions during their playing days, whether the league and its teams did enough to ensure player safety at the time, and what sort of responsibility (if any) the league should have to those players today.

A law firm representing the retired players is recommending its clients accept the offer by the NHL. The email reads "

To Whom It May Concern:

We have reached a tentative settlement of the NHL case. At this point in time, this is confidential. This is very good news.

continued

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Luc Robitaille On The Possibilities Ahead If Gambling Revenue Takes Hold

from Greg Wyshynski of ESPN,

Appearing on the ESPN ON ICE podcast, Los Angeles Kings president Luc Robitaille said there could be a windfall of revenue in the NHL if hockey wagering takes hold.

"If teams profit, then everybody will profit," he said. "If you go by the numbers on the illegal part, it's pretty significant. If that part ends up on the team side, I think it's going help everyone. First of all, the [salary] cap will go up. Fans will be happy. Teams will spend more money on players. Players' salaries will go up."

But Robitaille believes that the revenue created around sports wagering -- advertising, sponsorships and the like -- could be so considerable that the savings might be passed on to the fans.

"You would think this would help with always putting the pressure on fans to keep paying ... hockey is still a ticket business, primarily. Hopefully that helps offset some of the ticket pricing. I'm not sure about it, but it could if the money is significant enough. There's a lot that could go around it," he said.

more

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  Tags: luc+robitaille

Will A Lockout Be Avoided?

from Chris Johnston of Sportsnet,

It is the dream of every NHL fan, player, media member and executive. The hope of arena employees, bar owners, sponsors, television partners and about a million other people who are directly or indirectly tied to the sport:

Labour peace in the world’s best hockey league.

Can you imagine?

While it’s way too soon to handicap how likely it is that the dream becomes reality, the fact there’s ongoing dialogue between the NHL and NHL Players’ Association is at least a start.

As far as we can tell, they’ve already agreed that the best time to hold another World Cup is September 2020 — when the current CBA may expire, pending a decision on the reopener — and so they are treading into discussions about how or if they can avoid having that happen in order to stage another international hockey tournament in which they split the profits.

continued

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Video- Saturday Headlines

Topics include- NHLPA, CBA and World Cup talk, expanded playoff format push, ice-time issues in Calgary, Carolina would have interest in William Nylander and a few more topics.

via Sportsnet,

 

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Morning Line- John Shannon On The Gambling Business And The NHL

In my time at the NHL, any suggestion of this use of technology was quickly refuted by the union out of fear the information would be used against the players in contract negotiations and arbitration. It would appear those fears have dissipated. In talking to people on both sides, there is an appetite to work together to create a data gathering system for the betterment of the game and the business.

Quite frankly, and simply, this is all about money.

In growing the business and interest in hockey, sports gambling will help owners claim their franchises are worth more, grow Hockey Related Revenue which will put more money in the player’ pockets and, hopefully, build fan interest which will then manifest itself in better TV ratings, more tickets sold and sponsorships.

-John Shannon of Sportsnet where you can read more on this topic.

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About Kukla's Korner Hockey

Paul Kukla founded Kukla’s Korner in 2005 and the site has since become the must-read site on the ‘net for all the latest happenings around the NHL.

From breaking news to in-depth stories around the league, KK Hockey is updated with fresh stories all day long and will bring you the latest news as quickly as possible.

Email Paul anytime at pk@kuklaskorner.com

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