
This article was last updated on April 16, 2022
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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.”
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