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NHL, players deny a deal is in place
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TheRealWags
Modmin Dude
Joined: December 31st, 2004, 9:55 am
Posts: 11236
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 NHL, players deny a deal is in place http://sportsillustrated.cnn.com/2005/hockey/nhl/07/07/no.deal.ap/index.html 
Quote: The newspaper, citing anonymous sources close to the negotiations, said the agreement would feature a hard salary cap linked to 54 percent of league revenue, a 24 percent rollback of existing contracts and qualifying offers. It would also include a provision that would limit the salary of any player to 20 percent of the team cap figure in any season.
The salary cap would be $37 million and wouldn't include medical and dental benefits and pension payments, the Times reported. WOW!!! All players get a 24% paycut!!! and a hard salary cap!!! Looks like the owners are winning this one, guess that means we can look forward to another strike whenever this CBA expires..... 
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Aristotle wrote: It is the mark of an educated mind to be able to entertain a thought without accepting it. Socrates wrote: The only true wisdom is in knowing you know nothing.
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| July 8th, 2005, 11:44 am |
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bsand2053
Fired Head Coach (0-16 record)
Joined: January 6th, 2005, 10:54 am
Posts: 2274
Location: South Quad- Ann Arbor
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Re: NHL, players deny a deal is in place TheRealWags wrote: WOW!!! All players get a 24% paycut!!! and a hard salary cap!!! Looks like the owners are winning this one, guess that means we can look forward to another strike whenever this CBA expires..... Better not happen.
What makes me mad is that the players could have gotten a much better deal in the middle of the season. Buch of windowlickers. 
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"If he isn't the best football player, the best runner, that the Lord has ever made, then the Lord has yet to make one." Wayne Fontes on Barry.
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| July 8th, 2005, 12:21 pm |
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