Kukla's Korner Hockey
by Paul on 07/27/06 at 08:54 AM ET
"Salary arbitration is an inflationary process," said a different team official. "That's why you don't see it in the National Basketball Association or the National Football League [both of which have salary caps]." So if arbitration is so bad, why did the NHL agree to it after humbling the National Hockey League Players' Association in their labour showdown? Again, the NHL had it carved in stone that it could spend only 54 per cent of its revenue on salaries. It also wanted to build a partnership with the people it had been feuding with before the lockout. The players were insistent on salary arbitration and they got it. Now we know why they wanted it so badly. Salary arbitration is their right. They can request it. They can manipulate it. They can also win at it. And these days, the winnings are sizable.more added 8:05am, from the Edmonton Journal,
The arbitration results are just the latest in a slew of bad news for hockey fans, who ultimately will be expected to pay more for the privilege of watching games. Indeed, late last month, the NHL and players' association agreed that the new salary cap for the coming year would be $44 million, up 13 per cent. They also announced that the minimum payroll for clubs would rise from $22 million to $28 million, or 27 per cent.read on
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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.
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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