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A Summary Of Today’s CBA Meeting

from the CP at CBC,

Thursday's talks were held at the offices of a midtown Manhattan law firm. So far, the sides have had little to say publicly about how the discussions have gone.

Sources told The Canadian Press that the Players' Association tabled an offer Wednesday night regarding revenue sharing and the league's "make whole" provision, which is designed to ensure all existing contracts are honoured in full. It is seen as the fundamental issue left to solve with the NHLPA having already agreed to see the players' share in revenue reduced to 50 per cent during the next CBA.

The union views that as a concession of more than $1 billion US because that's how much more players would earn if it remained at the current level of 57 per cent.

The league responded to the players' offer on Thursday, with Gary Bettman saying there's "still a lot of work to do."

With all regular-season games cancelled through Nov. 30, negotiations have reached a critical and delicate stage. Ten days will be needed from the time an agreement is struck until the season starts and there is still hope among the parties that a shortened schedule could begin by Dec. 1.

For that to happen, signs of progress need to emerge soon.

read on

Filed in: NHL Talk, NHLPA, | KK Hockey | Permalink
 

Comments

Red Winger's avatar

Tomorrow could be one of the biggest days in NHL history, either for good or ill.

Posted by Red Winger from Sault Ste Marie on 11/08/12 at 08:27 PM ET

Paul's avatar

True RW and I think we can safely say that for every day moving forward. As long as they continue to meet, even though it appears very slow, it is a good thing.

Posted by Paul from Motown Area on 11/08/12 at 08:29 PM ET

Red Winger's avatar

For sure, Paul. I breathe a sigh of relief as I wait for meeting updates, and don’t see the words “no further meetings scheduled”

Posted by Red Winger from Sault Ste Marie on 11/08/12 at 09:02 PM ET

42jeff's avatar

SOMEONE MAKE MOM AND DAD STOP FIGHTING!

Posted by 42jeff from The greater Howard City, MI metroplex on 11/08/12 at 10:15 PM ET

Avatar

Posted by 42jeff from Minot, North Dakota on 11/08/12 at 09:15 PM ET

Go to your room!!!

Posted by Garth on 11/08/12 at 11:13 PM ET

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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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