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Winnipeg Free Press - PRINT EDITION
Discussion sees sides millions apart on compensation
Gary Bettman (CP)
Donald Fehr (CP)
SALARIES are at the core of the labour discussion between the NHL and NHLPA. The NHL wants to reduce salaries by as much as $450 million in the first year of a five-year deal while the union wants to offer the league a savings of $97 million based on a slower escalation of the salary cap and reduced share in future revenue growth in the first year of a four-year offer.
Current system
Salary cap: $70.2 million
Salary floor: $54.2 million
NHL's proposal
Salary cap: $50.8 million
Salary floor: $38.8 million
NHLPA's proposal
Salary cap: $69 million
Salary floor: $53 million
Gary Bettman says
"So we're each going to do some homework over the next few days and be ready, hopefully, to figure out a way to get on the same page and try and move the fundamental issue along. I'm hoping we can because there is a wide gap between us, and as I said, resolving the other issues at least at this point doesn't seem to be a likely outcome without economic resolution."
Donald Fehr says
"Essentially what they've said is the players in football and basketball took less. We've reminded them that every sport has their own economics and asked them if the basketball players got a higher percentage would they be proposing a higher percentage and of course they said no."
-- Lawless
Republished from the Winnipeg Free Press print edition August 24, 2012 C1
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