Gary Bettman and the National Hockey League announced a second proposal to the National Hockey League Players' Association Tuesday. This proposal was given just eighteen days before the current CBA expires September 15.
Missed the first proposals made by the NHL and NHLPA? Read the NHL's here and the NHLPA's here.
NHL commissioner Gary Bettman used the word "significant" in describing the NHL's second proposal to the NHLPA. However, the feeling I am getting from many hockey writers nationwide is that this isn't so significant after all.
The main points the NHL were looking to focus on in this counter proposal was the finances.
According to Darren Dreger, TSN hockey insider, the NHL proposed a six year deal that would make the new CBA expire after the 2017-18 season. Also, the NHL changed that offer and decided to go with 51.6% in the upcoming season, 50.5% in the 2013-14 season, 49.6% in the 2014-15 season, and 50% in the 2015-16, 2016-17 and 2017-18 seasons.
The first proposal by the NHL was prepared to give the players' share 46% of the revenue. If that were to happen, the percentage would have dramatically dropped 11%.
Now onto salary caps.
The proposed salary caps for the upcoming seasons are as follows. In the upcoming season, $58 million; 2013-14 season, $60 million; 2014-15 season, $62 million; 2015-16 season, $64.2 million; 2016-17 season, $67.6 million; and 2017-18 season, $71.1 million.
For the upcoming, the salary cap is projected to be $70.2 million, but having the cap change to $58 million would hurt a lot of teams. If this happened to be accepted, there would be sixteen teams who would be over the salary cap, according to Capgeek.com. That's right, over half the league.
Going back to the statement I made earlier, "the feeling I am getting from many hockey writers nationwide is that this isn't so significant after all". The NHL proposed a 3% increase to the players of hockey related revenues from their first offer, 43%, in July. Under the current CBA, the players have 57% of hockey related revenues.