According to Renaud Lavoie of RDS in Canada, the NHL has laid out their CBA proposal to the NHLPA.
The five points of emphasis include:
- Reduce players share of Hockey-Related Revenues to 46% from 57%
- Players need to complete ten NHL seasons before reaching unrestricted free agency
- Contract terms will be limited to five years
- There will be no salary arbitration
- Entry-level contracts will be five years in length instead of three years
Larry Brooks of the New York Post has additional details on the proposal:
- The salary cap ceiling would be set at $4 million above the midpoint (instead of the current $8 million) and the cap floor would remain in place at $8 million below the midpoint
- Signing bonuses would be eliminated and salary would have to be the same in all five (or less) contract years
The drop to 46-percent of revenues is very substantial, but keep in mind this is a negotiation. Both sides will come to the table with with outrageous demands before ultimately settling at somewhere in between.
Regardless, all the reports of “cordial discussions” between the two sides seem to have gone out the window.
We’ll have detailed breakdowns of these topics next week on the Business of Hockey.