NHL Union and Players’s Association Resume Negotiations with New Hopes

This article was last updated on April 16, 2022

Canada: Free $30 Oye! Times readers Get FREE $30 to spend on Amazon, Walmart…
USA: Free $30 Oye! Times readers Get FREE $30 to spend on Amazon, Walmart…

The NHL Players’ Association has finally tabled a proposal to the NHL on Wednesday which apparently made some progress towards the owners’ position. Previously the league requested on Monday the union shall share a full economic proposal for seeing how close the both sides stood.

The league proposed that it wants the players’ share to be a fixed percentage of hockey-related revenue, which was blissfully agreed by the union. Anonymous sources familiar with the talks have revealed all the information regarding the negotiations, as it is still officially a confidential process.  It was further revealed that union has asked the league for adding $180 million for making it a whole proposal. The league has so far offered $211 million in deferred payments for ensuring that players didn’t lose money off existing contracts with the drop of the players’ share from 57% to a 50-50 split.

The Executive Director of NHL, Donald Fehr, and his negotiating team were to return discussing the proposal after lunch at 1 p.m. ET. Fehr has not discussed the proposal yet, though he calls it “comprehensive.” Fehr asserted that believes that the two sides are now only $182 million apart over the course of the five-year deal. Previously at an earlier stage, Fehr had claimed that the NHL and league was a huge $900 million apart, a figure that the union never accepted. “We have moved far more than halfway,” Feher added, “It is about as good as we can do.”

Share with friends
You can publish this article on your website as long as you provide a link back to this page.

Be the first to comment

Leave a Reply

Your email address will not be published.


*