Remember the NHL?

Here comes the NHL.

TSN is reporting a CBA deal is done.

Things do need to be finalized, and everyone needs to sign on the dotted line, but this is as close as it’s been, and the NHLPA is currently explaining the deal to the players via conference call (hosted by Ted Saskin, not Bob Goodenow).

The current details:

Term - 6 years (through 2010-11), with option

Revenue split - Players get 54% of defined revenues

Payroll in Escrow - Percentage of Salaries

Payroll Range (including costs) - $21.5 to $39 million US, which is based on projected revenues of $1.8 billion US

Salary Rollback - 24% across the board

Maximum Salary - 20% of Team Cap ($7.4 Million US)

Minimum Salary - $450,000 US

Update: The major American sports sites are all covering the deal as the front page headline item.  The day after the MLB All-Star game is usually considered the slowest sports news day in North America, so it’s not as though much is going on, but it’s still good to see.  ESPN has a SportsNation poll for the returning, or non-returning, fans.

Update 2: The AP has released the NHL Lockout Chronology.

Update 3: Jim Kelley’s Winners and losers in the NHL agreement

Posted by David M Singer on Jul 13, 2005 at 01:13 PM
NHL

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