• Recently Browsing   0 members

    No registered users viewing this page.

Sign in to follow this  
drumnj

Lockout Officially Over, MOU for CBA Signed

Rate this topic

Recommended Posts

Finally let all the fun begin.

www.nhl.com/ice/news.htm?id=649967

The National Hockey League and the National Hockey League Players’ Association today signed a Memorandum of Understanding reflecting the terms of a new, 10-year Collective Bargaining Agreement. Team training camps will open on Sunday, and a 720-game regular-season schedule (48 games per team) will begin on Saturday, January 19.
The new Agreement, the longest in League history, also features a new defined benefit pension plan for the Players; enhanced revenue sharing among the Clubs; creation of a Revenue Sharing Oversight Committee, on which the Union will participate; creation of an Industry Growth Fund, designed to make long-term improvements in the revenue-generating potential of low-grossing Clubs; the ability of Clubs to retain a certain amount of salary in Player trades; a Player playoff prize pool that doubles in size to $13 million in Year 1, rising to $17 million for 2020/21 and 2021/22, and the creation of an Owner-Player Relations Committee – one of several joint initiatives not present in the previous Agreement. The Owner-Player Relations Committee will meet at least twice a year to discuss matters of mutual interest and to consult regularly on how best to continue to grow the game for the mutual benefit of the parties and the fans.
Edited by drumnj

Share this post


Link to post
Share on other sites
Finally. Lets put all this ugliness behind us. I hope I never see another lockout thread or Fehr vs Bettman argument ever again! Bring on the season and GO WINGS!

Just for that I am going to start a thread called "Fehr vs. Bettman: Who would you draft?"

Share this post


Link to post
Share on other sites

Couldn't find the official lockout thread, but thought this to be just as good a place as any to post this. Interesting read.

http://www.si.com/nhl/2015/07/28/nhl-lockout-protection-payments-free-agent-player-contracts?xid=si_social

Maybe these contracts will actually prevent a lockout. Will owners really wanna lockout the players and eliminate revenue right after paying out all these big bonuses? Maybe this will actually be incentive to keep the guys on the ice and the money coming back in.

Sure there are lots of contracts out there with this "lockout protection", but if July 1st keeps going the way it has this year, maybe everyone will finally be happy with the way things are going.

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
Sign in to follow this