I read somewhere that they project a 7% increase in revenue that would conter the player loss in the cba. This is all confusing.
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The minimum salary is $525,000 in the NHL. Entry level deals are generally 3-4 years. That means if you make it enough in the NHL to get a contract, you're guaranteed $2M in salary over 4 years.
As you said, that is as much as many families make in a lifetime.
The average household income is roughly $50k a year. That means even the worst player in the whole NHL makes as much in 3-4 years as the average person does in 30-40 years.
Since the hockey players earn it all up front, they can play a 4th line wing role for 3 years, invest properly, and retire. They'd live right at the average American level for the rest of their life and never have to lift a finger. That's the dream life.
Realistically they can go become a talk sports radio person and make $50k-$60k a year after they retire, or go do a job that makes use of their athletic abilities like a landscaper or construction worker.
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Under the impression that the first check was already lost, this proposal actually leaves the players better off than they were one day earlier, in theory.
So the players now have until Oct. 25 to reach an agreement, in which case the decision will likely be to accept a first-year rollback, or lose even more money from the lockout with a rollback still on the table for the future.
So here’s the killer from the PA’s perspective: Player "make whole" payments will be accrued and paid for by the League, and will be chargeable against Players’ Share amounts in future years as Preliminary Benefits.
Which would mean a chunk of money taken out of the players’ share, even as the cap rose each year along with revenues.
In other words: More escrow in Year 3 and beyond in their offer.
This is horribly complicated stuff to attach a dollar figure to, especially because we don’t know what teams will spend on players.
Last edited by kevin13697; 10-18-2012 at 10:10 PM.
NHLPA offered an immediate 50-50 split, but only if owners honored all current previously signed contracts 100 percent. That means no escrow,no rollback.
Daly claims owners would be paying the players approximately $650 million outside the players share.
Last edited by kevin13697; 10-18-2012 at 10:08 PM.
I think a deal will be made to get an 82 game season going. Every game missed it millions of dollars, I don't think the owners are too kean on missing any games. Getting the season started for an 82 game season is crucial if you asked me. I believe this was the plan from the beginning anyway, hold out until next week and still get the full season played hoping that the union would break by now.
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