Info on the league's proposal is out. It's a 6-year deal, which eventually gets the league to a 50/50 split.http://www.usatoday....ails/57385074/1
According to details provided to USA TODAY Sports, the plan calls for fixed dollars in the first three seasons that would put players share of revenue at 51.6% in 2012-13, 50.5% in 2013-14 and 49.6% in 2014-15. In the final three years, the players and owners would split revenue 50-50.
The NHL proposal calls for a fixed salary cap of $58 million next season and then caps of $60 million and $62 million. Under the plan, the league projected a fourth-year salary cap of $64.2 million, a fifth year at $67.6 million and the final season's cap of $71.1 million.
The NHL is not asking for any rollback in current contracts, suggesting that the adjustment could be made through changes in contracting practices, increases in league-wide revenue and contributions to player escrow.
The first proposal the league sent Fehr's way had them cutting the players take down to 43%, so getting them to go to 50/50 seems like a step in the right direction. Atleast this latest proposal isn't an outlandish a proposal as the first one, so I suppose that's a plus.
Now a few problems:
1. This includes a redefinition of HRR. Not sure what changed, but the league may very well have been willing to come to 50/50 on the HRR because they redefined some form of revenue in an attempt to keep that away from the players. The league could've just re-arraigned the deck chairs on the Titanic with the HRR redefinition.
2. No rollbacks is good, but I have no idea how the league plans on rolling the salary cap back by $10 million a week before training camp starts. The Bruins would suddenly be $12 million over the cap.
Edit: according to Renaud Lavoie of RDS the $51.6% of the redefined HRR for next year is equivalent to 46% under the current definition of HRR. So they came up ~3% (the initial proposal was 43% under the current definition) but I don't really see the players accepting anything close to that.
Edited by cshea, 28 August 2012 - 09:37 PM.