Sunday, July 15, 2012

CBA Report- NHL Owners Looking For More Money

from Larry Brooks of the NY Post, Seven years after mortally wounding the Players’ Association, the NHL Board of Governors is moving in for yet another kill, its first collective bargaining submission yesterday in Toronto as much a declaration of war as an initial proposal off which to negotiate.

The league power brokers who canceled the 2004-05 season in order to get the hard cap that is contained in the CBA that expires on Sept. 15 after seven seasons of unprecedented revenue growth, are essentially challenging the players, now led by Donald Fehr, to accept another round of massive givebacks or be prepared to miss 2012-13.

Unless the players cave in historic fashion, a lengthy lockout is a certainty.

Sources within the industry last night told The Post the league is not only demanding the players accept a cut in their percentage of the gross from the current 57 percent to 46 percent, but also recalculating the definition of Hockey Related Revenue so the pot from which the owners and players share would be drastically reduced.

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Source: http://www.kuklaskorner.com/index.php/hockey/comments/cba_report-_nhl_owners_looking_for_more_money/

Steve Garrison Phil Hughes Damaso Marte Mariano Rivera Kerry Wood Francisco Cervelli

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