Earlier this morning, the NHL made available to the public its latest CBA proposal to the NHLPA on NHL.com—the first instance in NHL CBA negotiations.
A calculated PR move? Perhaps, since the League has been on a PR kick it seems this week. But is it wise to make such a power play to force the Players' hands?
The NHLPA fired back in a way with a letter from Director Donald Fehr to the players and agents regarding the latest proposal, which is available to read via Bob McKenzie at TSN.ca.
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?
Here are my thoughts in my latest YouTube sports vlog.
Hmm why now? They are losing money. Empty seats equals no revenues. No revenue = no profit. Not to mention the thousands of other people they put out of work. This is so silly. Greed is a terrible thing.
the owners for the most part are extremely greedy, with the exception of some just trying to make ends meet, buttman is an EGOmaniac and the players have, in alot of cases have become rock stars thinking that their s**t don't stink and actually deserve all of their money. well in 95% of the cases they're overpaid. no one really knows how well they have it. a lot of the people whose livelyhood depends on the jobs that are going to be lost over this idiosy are going to lose the most. this time around you also have donald fehr involved so now you have another EGO to deal with. i personally could care less about b-ball, f-ball, hoops, golf or whatever so all i want are these idiots to do is get some common sense and resolve this and drop the puck !!! BuckerooClub how would you feel if someone came at you with the ridiculous offer the nhl started with, that along with some of the contracts the owners have handed out, ala suter & parise? these people have created their own problems. so as you say the owners are maybe trying to cut their losses. if that's the case deal with the problem with some common sense. The Wrage, good point also, these groups along with we, the fans, need to put as much pressure on both groups to smarten up.
sounds like the nhl is having some economic pressure being put on them but i can't figure out by whom !!!! maybe the owners just can't take the fact of losing any monies at all. thus trying to get in a full 82 game season.
It's expected they wouldn't accept the offer. I think the HRR is about where it's going to be, but I except the player to fight the 5 year limit on contracts.
@upstate tom A couple things to consider here....
1. The NHL's original offer was low, but I think they had to open that way, because where they NEED to get to is so far away from where the old CBA was. Look at the last two deals and they are right in the middle of the owners opening and the current CBA. The opening was bound to be a bit dramatic too, after then players pretty much squashed their re-alignment proposal without a second look.
2. The thing about contracts like Suter and Parise deals is that even when those guys signed, they knew that their actual salary was dependent on the CBA. NHL contracts aren't for real money, they're for the share of HRR that salary represents against the teams cap. With cap cheating deals having blown a hole in the old CBA, teams who wanted to land top players were forced to compete were forced to compete under these new rules, or their offers wouldn't be enough. As much as the owners GAVE these deals, guys like Suter and Parise RUSHED to sign them. They knew it was too good to be true, and they wouldn't see anything nearly as good when the league had a chance to get itself back in order.
3. I think the owners are trying to "deal with the problem with some common sense". Their most recent proposal really showed that. It didn't just work to close the loopholes that were in the old cap, it actually wants to penalize the teams that created and exploited those loop holes. This not only forces them to take responsibility, but should serve as a warning to owners/managers/agents looking for loopholes in a new deal that they won't be able to hide their mistakes. The owners have tried on a lot of issues, but Fehr simply refuses to talk.
@upstate tom Don't forget sponsors and networks (NBC Sports Network specifically) and their influence.
@upstate tom I think the owners are in a bit of a spot because the NHLPA doesn't even want to negotiate. The owners are the only ones actually taking on expenses while we wait for this thing to play out. I think it's more about trying to make something happen one way or another at this point.
If the players walk from this one, and still don't come back with something workable, I think that the owners will close up shop for the season. It will allow them to cut office staff and open up venue dates for other sources of income. I'm hoping that's not the case though.