jelkukipik
Senior member
Poor Manny lol.
:thumbsup:Originally posted by: meltdown75
Wow, no all-star game? Not that it's the biggest news there, but wow. I guess most people don't really care for it anyway, but I enjoy the skills competitions.
24% rollback eh.... well, hopefully reality has set in for the majority of players. This is a realistic representation of what they are worth and shows the slight advantage other major sports have in marketing and revenue.
:thumbsup: come on back hockey, i need ya buddy :'(
edit: good post IronWoode
Originally posted by: Iron Woode
The tentative deal also specifies there would be no all-star game next season, and that players would be allowed to leave their teams next February to represent their home countries at the 2006 Olympics in Turin, Italy.
Lockout not settled yet
TSN.ca Staff
7/7/2005 9:05:51 AM
The NHL lockout continues to dwindle down to its final days and hours, but the new deal between the NHL and NHL Players' Association is not yet done, despite a report in the Los Angeles Times suggesting an agreement has been reached.
"It's an inaccurate report," an NHLPA spokesman told TSN.
This long and drawn out process won't actually be complete until every "i" has been dotted and every "t" has been crossed and representatives of the NHL and NHLPA sign off on the agreement, pending ratification.
And that moment, sources tell TSN, is definitely not going to happen today. The earliest projections of when that might occur are some time this weekend, although sources close to the NHLPA are suggesting it could easily carry into next week. The NHL has been targeting this weekend as the wrap up and even scheduled an NHL board of governors' executive committee meeting on Monday in New York City.
But that executive committee meeting will only happen as scheduled if the agreement is reached before then.
It should, however, be duly noted that the NHL and NHLPA have reached agreement on most, if not all, critical issues in the new CBA and these final days of meetings in New York are all about the lawyers doing their job vis a vis language and legalities. But until such time that both sides sign off on the document, pending ratification, there's no deal. It's an all or nothing process.
The Times reported some details of what it believes will be in the new accord. One of them was that when the NHL entry draft lottery is held to determine order of selection that every team will have an equal chance -- one in 30 -- of getting the first overall pick and the right to choose phenom Sidney Crosby.
Sources tell TSN that when the lottery is conducted, it will be a slightly weighted lottery, giving the teams that have performed poorly over the last three or four seasons a slightly better chance than those who have performed well.
Here are terms of a new NHL collective bargaining agreement, according to a Los Angeles Times report on an agreement in principle. Both the league and its players union said Thursday that no agreement exists at this time.
New economic system
? A hard salary cap of $37 million linked to 54 percent of league revenue. The minimum payroll will be about $24 million with a provision that will limit the salary of any player to 20 percent of the team cap figure.
? A 24 percent rollback of existing contracts and qualifying offers.
? An NBA-style escrow provision under which 15 percent of each player's paycheck will go into an escrow account until revenue is calculated after each season. If league-wide spending on salaries exceeds 54 percent of revenue, the difference between the salaries paid and the negotiated percentage will be paid to teams from the escrow account.
? Players will be able to represent their homelands at the Turin Olympics next February. The All-Star Game will be dropped so there won't be two interruptions of the season.
? Each team will have an equal chance in the lottery for the No. 1 pick in this year's entry draft, with forward Sidney Crosby the obvious top prize.
? No luxury tax, but revenue sharing through a complex formula under which the top 10 revenue-earning teams will give a percentage of their revenue to small-market teams.
? Salary arbitration will be conducted ``baseball style,'' with each side presenting a figure and the arbitrator obligated to pick one figure or the other. Provisions will allow teams to walk away from a specified number of awards.
? Minimum age to qualify for unrestricted free agency will be 31 in the first year of the deal, 30 the following year and 28 for the remaining four years.
? Players' performance bonuses will be restricted according to a standardized formula.
? Earnings will be limited for entry-level players, who will be subject to salary limits for their first four seasons instead of three. Their maximum earnings will be $850,000.
? The largest unresolved issue is the disposition of contracts for the 2004-05 season.
Originally posted by: rh71
^ for those who missed it... can we at least change the thread summary ? 🙂
Originally posted by: Insane3D
I think the B's should get Crosby, and dump Thornton... 😉
Wouldn't you guys like seeing him back with Bergeron?
have you ever been there for a game ? I've been a Caps fan for about 12 years now and I've only been to DC once (I'm in NY). Been to plenty of Caps @ Isles though and I guess I don't have to tell you what a difference it is cheering along with fans instead of against them. 😉 Gotta experience it at least once...Originally posted by: meltdown75
My team is pretty far away (Oiler fan living in Ontario)... so at least you have the luxury of cheering for yours in person!! 🙂