Kukla's Korner Hockey
by Paul on 10/17/12 at 01:57 PM ET
from James Mirtle of the Globe and Mail,
The players will not be accepting the league’s 50-50 proposal that was released in full on Wednesday morning.
And it’s not so much the final number they’re opposed to.
Instead, it comes back to a familiar topic: escrow.
As we’ve heard all along, players want to receive the full value for their 2012-13 (and presumably 2013-14) salaries, something that will not be possible under a 50-50 split.
According to the league, players earned roughly $1.883-billion as their share last season. In order to maintain that level of salary, they would need to receive 54.3 per cent of revenues (after accounting for 5 per cent revenue growth leaguewide).
There are two things of vital importance here, however:
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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.
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