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Highlights Of The NHL Proposal

from Pierre LeBrun of ESPN,

An NHL team source provided highlights from the latest offer the NHL gave to the union on Thursday: 

• Ten-Year Agreement (through 2021/22 season); Parties have mutual opt-out right  after 8 years. 

• 50-50 Revenue Split between Clubs and Players with current HRR Accounting. 

• $300 million in “Make-Whole” payments (outside the system) to compensate Players for the reduced value of Player contracts in the early years of the new CBA. 

• No contractual “roll backs” of Player Salaries. 

• Clubs can operate with an effective Upper Limit of $70.2 million in 2012/13; must come into compliance with $60 million Upper Limit for the start of the 2013/14 season. 


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


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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.

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