Kukla's Korner Hockey
by Paul on 11/02/12 at 06:29 PM ET
added 6:41pm, via Darren Dreger of TSN,
The league amended a proposal made last month to shift the cost of the NHL designed 'make whole' provision from the players share over to the owners side.
The concept of "Make Whole" is a protection plan to cover player salary reduction in dropping the players revenue share from 57% to 50% in year 1 of a new CBA.
The NHL proposal included a deferred payment system which the league is also willing to reconsider when negotiations resume.
This move by the owners is considered a significant concession.
The two sides are expected to meet no later than early next week.
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