Instead of me copy/pasting basically the entire article, read Pierre LeBrun’s Breaking down the league’s proposal, but only after you read our post. Most of LeBrun’s is mentioned below though.
John Shannon via twitter: Key learning from yesterday’s offer was that the real deadline wasn’t Sept. 15th, it was and is Nov. 2nd. Bob McKenzie via twitter: New deadline looks to be Oct. 25th to get a new CBA done to save the 82 game schedule. Training camp would open Oct. 26th. If a deal gets done and the season opens on Nov. 2nd, they will pick up the schedual from that day, with games inserted throughout the year. The regular season wouldn’t end as originally schedualed, as extra games would be added through the end of April. Stanley Cup final could go as late as the last week of June.
Pierre LeBrun via twitter: NHLPA said next meeting will be this afternoon or Thursday. Darren Dreger via twitter: Meeting today is not a lock. The NHLPA has tons of questions, so there will be talks and possibly a face to face.
Pierre LeBrun via twitter: As part of the transition rules, teams are allowed to go over the salary cap up to $70 million in year 1 of the NHLs offer. Craig Custance via twitter: $70.2 million is the cap number teams could spend up to. Bob McKenzie via twitter: The salary cap floor for this year would be $43.9 million and the ceiling would be $59.9 million, with teams being able to spend up to $70.2.
Darren Dreger via twitter: NHL proposal included the potential of retaining salaries in trades. Bob McKenzie via twitter: Trading cap space/retaining salary may be limited to $3 million for each contract year left in the deal or 50% of AAV, whatever number is less.
Renaud Lavoie via twitter: Players salaries would stay the same for this season, but difference paid back in later years. Would be a 12% cut of salaries as of now.
Bob McKenzie via twitter: Not only did the NHL propose a 5 year contract limit, proposed that salary variance can’t be more than 5%. A multi-year contract with an AAV of $10 million could not have the salary go up or down by more than $500,000. Darren Dreger via twitter: This is aimed at eliminating the “back-diving contracts.”
Bob McKenzie via twitter: Another NHL concern is to curtail big-money 2nd contracts. Their proposal has 3 mechanisms that are aimed at that. Darren Dreger via twitter: “1. Entry level would go from 3 to 2 yrs. 2. Salary arb eligibility would go from 4th to 5th yr. 3. UFA goes 7/27 (service/age) to 8/28. “ Bob McKenzie via twitter: A player comes out of their entry level deal 1 year earlier, is 1 year further from salary arbitration, which creates less pressure on teams to give out a big contract.
Elliotte Friedman via twitter: NHL proposal includes willingness for 3rd-party arbitration on supplemental discipline. This is for the appeal process. Details are still uncertain, but it’s interesting that the NHL would agree to it.
Darren Dreger via twitter: The top 10 money earning teams would pay up to 50% in revenue share in the NHL’s proposal.
Elliotte Friedman via twitter: Items that weren’t in the NHL’s proposal: minimum salary, buyout formula, and possibility of player amnesty.
Eric Francis via twitter: Francis thinks the NHL’s move yesterday was pure genius. NHLPA now has little choice but to accept the bulk of it. Still some negotiations left. Sam Carchidi via twitter: Expecting lots of bickering this week, but Carchidi would be shocked if deal isn’t done by the 25th.
Josh Rimer via twitter: An NHL player said the NHLPA will make a counter-proposal in the next day or two.
Bill Watters via twitter: Watters thinks that Fehr is unlikely to make a counter-proposal. Bettman and Fehr have an understanding, “Deliver as is or it’s back2 SQ1”