Kukla's Korner Hockey
by Paul on 10/17/12 at 09:24 AM ET
from Bob McKenzie of TSN,
The first official NHLPA reaction to the NHL offer is in -- NHLPA executive director Don Fehr sent a letter to all players and agents last night -- and not unexpectedly the league's proposal wasn't met with great enthusiasm.
In the letter, which breaks down a summary of the NHL offer, Fehr writes the following:
- "Simply put, the owners' new proposal, while not quite as Draconian as their previous proposals, still represents enormous reductions in player salaries and individual contracting rights. As you will see, at the 5 per cent industry growth rate the owners predict, the salary reduction over six years exceeds $1.6 billion. What do the owners offer in return?"
- "The proposal does represent movement from their last negotiating position, but still represents very large, immediate and continuing concessions by players to owners, in salary and benefits (the Players' Share) and in individual player contracting rules."
On some of the specific aspects of the NHL proposal:
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