The idea noted in the article doesnt' get to 50/50 immediately. Basically, it's saying, let's start at 50/50 and the amounts greater than 50% will be paid as well, but we won't include that in the 50/50 split calc. The owners would never agree to that. I like the mechanism, but perhaps too complicated to track existing and new contracts. Apart from that, I think they'd have to tweak how the 13% gets topped up (i.e. make it contingent on revenue growth and take it down a bit). Whatever you do, you aren't going to be at 50% right away unless revenues grow by 15% in year one.
Edit....the thing that really pisses me off is the fact that the owners proposal does nothing to fix their problem...all is does is grab some additional cash from the players to help now, but the systematic problem still exists. When revenues keep growing due to select teams and 50/50 splits end up costing other teams who's revenues are not growing at the same rate....what is the NHL going to do in the next CBA? Take the players down to 40%? All that is going to happen is that the league as a whole will make more and more money....all coming from the top teams, with the occasional correction for smaller teams by grabbing money from players. It really, really annoys me to no end. They either need to abandon their desire for parity and allow teams to spend less than a floor (easy to do and still get to 50/50 in the end) or have more revenue sharing.
If you read the article, you will see that there are options on the table to get to 50% in year one. I like Fehr's option in his proposal.
As for what happens next year, I can tell you that the NHL will typically follow the other sports. Just like the NBA and NFL splits in revenue, the NHL will stay right along those lines. I think that it is off the mark to expect the players to take a pay cut to 40% No player would bow to that. If you look at the NBA for instance, the players had a similar deal as the NHL players had. 57% was the number in the NBA. The NFL has always been around 50/50, with the negotiations giving or taking about 1%. I doubt it goes down for the NHL unless the NBA and NFL decide to become more draconian in their negotiations and greedy as a result.
Thats what I said. The only way to do it is for the owners to pay out of pocket, which they won't. Or to ramp down to 50/50 over a few years.
When it comes to concessions, the owners have more to give than the players. They want to see the 50/50 split right away? Then pay up the contracts you signed, its that simple. Now if the NHLPA is willing to give the owners a bone on current contracts, then the owners can concede earlier free agency as an exchange.
I think that we need less of the, "That won't work" attitude and more of a can do attitude in these negotiations.