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NHL, Players May Meet Sunday to Discuss Latest CBA Offer from League

December 29th, 2012 at 7:30 PM
By Paul Lane Sabres 101

Phone conversations took place Saturday, and possible in-person discussions could convene Sunday or Monday, to discuss the latest CBA offer from the NHL's owners.

'NHL Draft Gary Bettman' photo (c) 2011, Bri Weldon - license: http://creativecommons.org/licenses/by/2.0/

The league confirmed Friday it presented a proposal to the players Thursday. ESPN reports the 10-year deal includes:

  • A 50/50 revenue split
  • A $300 million make whole provision to partially compensate players for the lowered value of their contracts at the start of the deal
  • No salary rollbacks
  • A prorated salary cap of $70.2 million for whatever portion of the truncated 2013 season can be played and a $60 million salary cap for 2013-14
  • One compliance buyout per team before the 2013-14 season to help teams get under the lower salary cap
  • Maximum contract term of six years (seven for teams re-signing players) and a maximum yearly salary variation of 10 percent (in either direction) from the first year of the contract

ESPN reported the two sides talked by phone Saturday and were prepared to do the same Sunday, with possible in-person talks coming as soon as Sunday. The NHLPA was said to be crafting a counteroffer.

The league last week canceled games through Jan. 14. It's believed another cancelation would be of the entire season, as fitting in an abbreviated schedule would not be possible with a start date much later than that. Some reports indicate a drop-date of Jan. 19 has been issued by the league.

The lockout started in September.

Tags: Buffalo, Buffalo Sabres, Hockey, NHL

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