TORONTO, ON (NEWS1130) – The National Hockey League Players’ Association has tabled its first offer in the latest round of collective bargaining talks with the NHL.
The union says its offer to the league includes a smaller percentage of revenues for players and an expanded revenue sharing program to help struggling teams.
Union leader Donald Fehr says players could give up as much as US$465 million in revenue under the proposal if the league continues to grow at an average rate.
If the league continues the strong growth shown over the past two seasons, he says the amount could reach $800 million.
Fehr also said the union’s proposal does not call for the removal of the hard salary cap the league won in the last round of negotiations.
The NHLPA also proposes expanded revenue sharing to help financially struggling clubs, which could reach more that $250 million per year.
Donald Fehr, executive director of the NHL Players Association, speaks to reporters about on going labor talks with the league outside the NHL headquarters in New York, Tuesday, July 31, 2012. The current collective bargaining agreement ends on Sept. 15, and the NHL season is scheduled to open on Oct. 11. Detroit Red Wings Dan Cleary listens, right.(AP Photo/Kathy Willens)
NHL players Steve Montador of the Chicago Blackhawks, left to right, Chris Phillips of the Ottawa Senators and Matt Stajan of the Calgary Flames follow former NHL player Steve Webb as they leave talks in Toronto on Monday, August 13, 2012, as negotiations continue between the NHL and the NHLPA to avoid a potential lockout ahead of the 2012-2013 season. THE CANADIAN PRESS/Chris Young
NHLPA tables offer to league, players willing to accept less
News1130 Staff/The Canadian Press
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