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:
Add a Comment
Please limit embedded image or media size to 575 pixels wide.
Most Recent Blog Posts
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 firstname.lastname@example.org