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NHL, NHLPA reach tentative deal
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| Fir3start3r |
Will wonders never cease!
Woot! :toothless
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NHL, NHLPA reach tentative deal
7/13/2005 1:34:40 PM
And now for the words everyone has been waiting to hear: The deal is done!
The NHL and NHL Players' Association have finally reached an agreement (pending ratification) on a new six-year collective bargaining agreement that - if approved by the NHL board of governors next Thursday and the rank and file membership of the NHLPA next Tuesday - will officially end the stalemate on July 21.
The agreement, a complex document reportedly numbering more than 600 pages, came after the two sides staged marathon negotiating sessions for nine consecutive days. Since the 2004-05 NHL season was officially cancelled on Feb. 16, the league and union have met on 82 occasions, leading to an agreement that will revamp the way the entire professional hockey industry conducts its business.
The league went into this lockout, which started on Sept. 15, 2004, seeking cost certainty and believes it has achieved that with a new economic system from top to bottom.
It is expected both the NHL and NHLPA will move to ratify the agreement within the next seven days, with a formal announcement on July 21. During that time, it is expected the new CBA will be distributed to all in the hockey industry so they can begin getting themselves up to speed on a myriad of new rules and regulations.
Among the most significant features are:
- a hard team-by-team salary cap with a payroll of range of $21 million to $39 million (in the first year), which includes all player costs (benefits, insurance etc).
- the league's total expenditure on player costs (salaries, bonuses, benefits and insurance) is not permitted to exceed 54 per cent of defined hockey-related revenue and the salary cap and payroll range will move up or down as revenues increase or decrease each year of the deal.
- a 24 per-cent salary rollback for any NHL player who has time remaining on an existing contract, keeping in mind that the players will receive none of the monies they were slated to earn in the lost season of 2004-05.
- liberalized free agency (including unrestricted status at 27 by year four of the deal), a more restrictive entry level system, totally revamped salary arbitration, improved pension benefits and a revenue-sharing plan.
- Age eligibility for unrestricted free agency at age 31 in 2005, 29 in 2006, 28 in 2007. In 2008, it's 27 or seven years of NHL tenure.
This agreement (pending ratification) will kick off the most bizarre and busiest off-season in NHL history after the league became the first major professional loop to lose an entire year to labour strife.
As tutorials are conducted to allow NHL owners, general managers, NHL players and player agents to understand the new economic order, plans are already in the works for the two ratification votes.
NHL commissioner Gary Bettman will be recommending acceptance of this agreement to the governors, so a simple majority of the league's 30-man ruling body will be enough to ratify it.
It's also expected the NHLPA's executive committee, led by president Trevor Linden, will be endorsing the deal, which means a simple majority of the NHLPA's more than 700 members will be enough to make it binding. For those players who cannot physically make it to the membership meeting, the vote will be conducted through the NHLPA's secure website, The Source.
Assuming both groups ratify, the NHL is expected to begin a brief transition period before the league fully re-opens for business.
But before teams and players start to concern themselves with the specifics of transition - such as the buying out of some players to allow teams to meet cap requirements or the attempted signing of 2003 and 2004 draft picks who would re-enter the 2005 entry draft if not signed - the league is expected to unveil significant changes to the game, on and off the ice.
Because no season was played in 2004-05, there is no order of selection for the 2005 entry draft, which is scheduled to take place as a scaled-down event in Ottawa's Westin Hotel on July 30. Usually, teams draft in inverse order of finish from the recently-concluded season, but this time there will be a weighted draft lottery (with the teams who have fared poorest over the last few years to get marginally better odds than those who fared well) to determine who gets the first overall pick and the right to pick young phenom Sidney Crosby. That lottery is scheduled to take place on July 21 when the NHL is expected to formally announce the new CBA.
When it comes to 2003 draft picks, like Philadelphia's highly-touted first-rounders Jeff Carter and Mike Richards, those players will be eligible for the 2003 rookie limit, with a 24% rollback, along with performance bonuses that can total $850,000. This gives those players incentive to sign with the team that drafted them in 2003 rather than re-enter the 2005 draft.
In addition to that major business, the NHL is also expected to unveil significant rule changes aimed at making the game more exciting and fan friendly, including shootouts to end tie games and the removal of the red line for the purpose of allowing two-line passes.
While the regular season will remain at 82 games long for each team, the format of that schedule may be altered.
Once the NHL's formal news conference is put to bed, along with the lottery and rule changes, the brief transition period should unfold in order to take care of the loose ends from the expired CBA. At some point, the NHL will declare itself open for business and NHL teams will be sorting through a huge pool of unrestricted free agents as many teams make themselves over from the ground up.
Whether it is the brave new world the NHL hopes, remains to be seen, but the level of activity and uncertainty will be higher than at any other time in league history.
For now, though, the only thing that matters in the short term is this: The deal (pending ratification) is done.
The lockout wiped out the entire 2004-05 season, including all 1,230 regular-season games, denying hockey fans a Stanley Cup champion for the first time since a flu epidemic cancelled the 1919 final. The NHL became the first major professional league in North America to loose a season from beginning to end because of labour strife.
Once Bettman announced the season cancelled Feb. 16, both sides returned to the negotiating table March 11 in the first of 44 meetings aimed at making sure the 2005-06 season wouldn't be delayed.
The two sides met every single week starting in early May and didn't let up until the end, cramming in long days in the final six weeks in an effort to finally get it done.
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| house_conXion |
It's about time these bastards reach a deal, I don't think I could go through another year without my beloved Leafs. Hopefully this stirred things up and will renew the passion for this game. Some of the new tentative rule changes wouldn't be so bad like an OT Shootout, and having 20 teams make the playoffs.
Chelios said it best when he was quoted saying how he wonders how Betteman is still in charge after all the lies and deception on the NHL/Owners part. |
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| MarkT |
although any paycheque is better than strike pay...I would be *pissed* if I were a player, especially at the NHLPA.
hard cap + low rookie salary + 24% pay cut = PWNED by league/owners |
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| verndogs |
| what's hockey? :toothless |
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| verndogs |
but seriously, i'm happy that the NHL is back even though I wasn't devastated over the loss (not nearly as bad as 1994 with hockey and baseball not playing)
I hope Brian Leetch does well this season for you guys. He's certainly not forgotten here in NYC |
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| joinT |
| quote: | Originally posted by MarkT
although any paycheque is better than strike pay...I would be *pissed* if I were a player, especially at the NHLPA.
hard cap + low rookie salary + 24% pay cut = PWNED by league/owners |
i heard that rookies will be getting a much better deal.. like $400-500k rather than $180-200k
and its a 24% rollback.. that means extra pay from old years on their contract.. |
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| MarkT |
| quote: | Originally posted by joinT
i heard that rookies will be getting a much better deal.. like $400-500k rather than $180-200k
and its a 24% rollback.. that means extra pay from old years on their contract.. |
my understanding was that rookies face potetially FAR less pay because of more limited incentive and signing bonus options. The way around it before was to pay a low salary and throw a ton of money at them in the form of a signing bonus.
24% salary rollback on remaining years...i.e. if you were slated to make 1 million next year, now you're making $760,000...or am I misunderstanding this point? |
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| Irishaddict |
| quote: | Originally posted by Fir3start3r
- liberalized free agency (including unrestricted status at 27 by year four of the deal), a more restrictive entry level system, totally revamped salary arbitration, improved pension benefits and a revenue-sharing plan.
- Age eligibility for unrestricted free agency at age 31 in 2005, 29 in 2006, 28 in 2007. In 2008, it's 27 or seven years of NHL tenure.
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I SAID TO DO THIS LAST FRIGGIN OCTOBER. HIRE ME GARY BETTMAN!
Or to introduce a tiered paying system which would allow owners to purchase players and allot them into a hierarchy of a paying system that would be the same for every team in the league. Same .
And yeah, this is basically the trade-off for the salary rollbacks. The new system will allow players to market their skills at a much earlier age after their inital contracts expire. Before, the minimum contract to sign with a team upon entering the NHL was 10 years I believe, which meant that one team PWN3D you for that allotment of time and you were unable to negotiate your salary or market yourself as widely. This is why so many players went into salary arbitration after their initial contracts expired. They were bitter! So despite the lowered salaries, this is a general overall benefit for the players.
And really, you'll never make at Starbucks what you make playing hockey in the NHL. I'd take being a "low-paid" professional hockey player than a drone in the service sector anyday. |
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| magikb |
| quote: | Originally posted by verndogs
what's hockey? :toothless |
Come on now.. This is GREAT news.. can't wait for the season to start :D |
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| Sly_Guy |
| going an entire year without hockey saved me ungodly amounts of money on a bar tab. Better start saving for next year. |
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| stren |
| this is the best news since the lockout ended that other time about a month ago :) |
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| Dj EndgamE |
| I hope that the passion I once had for the blue and white will be rekindled with the start of next season... but with the lack of NHL hockey, local sports radio/tv stations cover a LOT more footie. When hockey was on there's no chance sportsnet would have the ManYoo highlights in the morning, when the English Premier League season was still on, I was almost guaranteed some EPL highlights. |
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