sandysensfan wrote: shabbs wrote:NHLPA to have a media availability session BEFORE the negotiations... that's odd...
Maybe they just won't go to the sessions because Bettman is there.
But even though I don't support either side in this stupid, greedy lockout.. I do agree that the players should get their full pay. The owners should be responsible for that.
Considering in the next 2 seasons about 500 or so contracts on the books will expire.
But the ones left are the biggies. Each team should pay their own 'make-whole'. So the teams that signed those stupid long term ridiculous contracts should be responsible for every cent.
The only big long-term contracts the Sens will have at this point is Spezza & Karlsson. So it wouldn't hurt them too much...
Sandy, the old contracts only make sense in the framework of the old CBA. They were never "guaranteed". The cap can be a hard cap or it can be one based on a share of revenues. It cannot be both, which is what the players
appear to want. No onecomplains then they are riding the gravy train with 300% or more raises (what we would consider a mediocre player in years gone by, because of the dilution of the talent, can now be going from under $1M to $3.5M in the time it takes to write his name on a new contract. Players who cannot make the top six in a 30-team league would have a tough time breaking into the league only a short time ago when we had 24 teams. And those players are making $3M+ in a lot of cases.
If the players want to keep a bit more of their money, they should get together and form a company to represent all the members. Why on earth are agents making 15% of the players' salary is beyond me (and, yes, that is the figure I'd read somewhere). Brodeur takes care of his own contracts and he's doing alright. What a tough negotiating agent will get you, more often than not, is a reputation and a new address. Sure, he'll get you more money, but then he'll take 15% of it. Maybe Brodeur could have made more money with an agent, even after paying him 15%, but he would never have stayed in the same city for his whole career. The cost of uprooting your family every few years cannot be underestimated. Once your basic necessities of life are covered, ad you are never worrying about things like the costs of family vacations, your children's education, then that extra million is not worth the tears on your kids' faces as they have to say good bye to all their friends yet again.
Anyhow, sorry for going off on a tangent. Back to the previous point -- the contracts they signed were never guaranteed and the players knew it, or should have known it. If the owners are saying we'll cover your contract up but not exceeding S * (HRR * .57)/$1.881B (where S = player's salary in the contract) then that's perfect.
Let's say a player's salary this year is $6.5M. This was based on the players getting $1.881B (their 57% share of the $3.3B revenues). So if the revenues drop to $3B post-lockout, then the player would get $6.5M * (3 * .57)/1.881, or approximately $5.91M. That is what he would have received under the old CBA, so how could he expect to get more?
Now, if revenues drop even further, let's say $2.5B (no WC, no ASG, ticket revenues missing from ~20 games), then that player is only getting $4.924M. Of course that wold be the total including the "make whole" payments, which would be doles out over the length of the contract. His actual salary would be $4.32M, which is based on a 50/50 split. Then the "make whole" would bump it up another $600K.
The above all makes perfect sense to me. This is what happens when there is a lockout and there is no HRR. And if they sit out any longer, then it will only get worse as more games are canceled. If a whole season is lost, don't cout on having a "make whole" provision in the next offer. Since all the contracts were signed *inside* the old CBA, and that CBA is gone, you could argue that every contract has to now be renegotiated, or everyone becomes a free agent. That would be complete chaos and no one wants it.