A Bad Day for Hockey

Written by Kevin DeLury on .

"I am to say the least totally disappointed." - Bettman

"it's a step backward." - Bettman

"nowhere close" - Bettman

"Today is not a good day" - Fehr

This was exactly what hockey fans did not want to hear after yesterday's CBA negotiations in which the NHL rejected three seperate proposals that the NHLPA submitted in response to the owner's offer earlier in the week.

While the NHLPA is stating that their proposals would, over the next few years, progressively get to the 50/50 split of hockey related revenue that the NHL is looking for, James Mirtle at the Toronto Globe & Mail says the owners want the split to begin immediately which would mean players not receiving full value of their current contracts...

"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)."

The league maintains the players will get that lost money back over time in "make whole" payments. However, those payments will be coming from an escrow account that will largely be funded by the players portion of the hockey related revenue. So essentially, the players will be paying themselves back with their own money. Meaning their HRR split would actually decrease to below 50%.

So what should fans do. I'd say getting a few boxes of these is probably best (via ESPN's Darren Rovell)...

...i told you guys not to get too excited the other day. Basically, the entire NHL offer and hope for a full 82-game season was nothing more than theater to curry favor with the fans. Guess the focus group said that strategy would work. I don't think the owners had any intention of having serious negotiations with any offer the players submitted.

...so here we are, again. No season in sight. More games likely cancelled very soon. And fans left out in the cold. Wonderful.

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11 comments
GLENsatherVSglennDANZIG
GLENsatherVSglennDANZIG like.author.displayName 1 Like

Yesterday was a hard pill to swallow. I know I shouldn't had my hopes up, but truth be told, I did. I don't know how these guys don't care about this sport, their livelihood, or this glorious past time. Color me thoroughly disappointed.

upstate tom
upstate tom

TO ALL HOCKEY PEOPLE RELATED TO THIS MESS:

 

OK, here it is. this is that great big " FU" to ALL of you blithering f**king idiots who don't have enough sense to get out of the storm and this includes the owners, the players, buttman, fehr and anyone else involved in this utter stupidity. how many  of us would love to have the $$$ and lifestyle of any of these people?? they apparently have no clue how good they have it. as far as i'm concerned, get rid of EVERYONE involved with this and start over and then see how many want to come rushing back to the life style they had. these people all want their street cred so the way i see it IS that they should all be thrown out on the street, never to be heard from again.-----start supporting your local high schools, colleges and junior teams AND HOPE THAT THEY DON'T GROW UP TO BE LIKE THESE MORONS !!!!

Judy_with_a_J
Judy_with_a_J

@TheNYRBlog Enough! 1,000's of $ for my son to play-Zero free skates, sticks,equip,Zero airplanes or 5 star hotels,Zero endorsements= #greed

TheJamesLeBlanc
TheJamesLeBlanc

@TheNYRBlog (cont.) and some big name players will choose to play overseas instead of in the NHL

TheJamesLeBlanc
TheJamesLeBlanc

@TheNYRBlog I honestly believe that if season is cancelled NHL will lose enough fans that they will never be relevant in America again ...

JerseyRED
JerseyRED

I see the NHL's proposal as nothing more than a PR move. It’s pretty obvious, not only did the NHL bounce back after the last lock-out but grew. Now the owners want a bigger slice. I’m sure they can get to a 50/50 split with the players (over time) as long as they honor the current contracts. But they are assuming the fans come back again. How many times can you go to the well? Will the networks continue to put up with this knowing (per the latest NHL proposal) this can occur again in six years? I’m not buying ANYTHING related to NHL hockey this year for myself or my kids.

MVBenti
MVBenti

@TheNYRBlog Hockey is it's own worst enemy.Owners gave out these large long contracts and now want to punish everyone for it.

erichan
erichan

What a freaking joke..... I don't even know what to say anymore. So depressed.

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