Today has been a dark day in the NHL world, as Gary Bettman and the NHL outright rejected the NHLPA's proposal yesterday and followed up to cancel NHL games through to Nov. 1.
The PA reportedly put forth three separate proposals yesterday afternoon. All three proposals had players share of hockey related revenues gradually declining from 57 percent to 50 (although the NHL claims it never reaches 50).
The three proposals were in response to the NHL's offer for a 50/50 revenue split made on Tuesday. The proposal, although it claims to have mechanisms to honor the players' contracts in full, includes first-year rollbacks of approximately 10 percent.
The facts are simple. 18 teams lost money last season. Something needs to be done to make the NHL more operational. The owners do deserve a larger share of the pot, but should rollbacks on current contracts even be permitted?
The fact that we are a midst a lockout because the owners are demanding immediate rollbacks is astonishing. It is unethical, unfair and quite frankly should be illegal.
Think back to this past summer. Thomas Cigarran, the ow ...
Read Full Article at Bleacher Report - NHL
Article written by Riley Kufta
NHL Lockout: Should Contract Rollbacks Be Legal?
October 19th, 2012 by Riley Kufta Leave a reply »
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