NHL Players Offer 24 Percent Pay Cut to End Lockout
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The locked-out National Hockey League players union offered to cut salaries by 24 percent and place a tax of up to 60 percent on high-end payrolls in the first talks with management in three months.
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Barring a last-minute contract settlement, National Hockey League owners plan to authorize a lockout of players tomorrow after the current labor agreement expires.
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The NHLPA said on Thursday that its 24 percent salary rollback would produce a $275.5 million profit for teams as opposed to a $568.5 million loss, as stated by the NHL.
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The NHL and the players&#39; association appeared headed toward a lockout when talks broke off Thursday after the union&#39;s first new proposal in nearly a year.
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The National Hockey League Players&#39; Association has invited the NHL to the bargaining table next week in Toronto in order to present a new proposal and end an almost three-month stalemate in negotiations for a new collective bargaining agreement.
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Seventy-five NHL players met with union leaders Tuesday to get an update on a lockout that shows no sign of ending. Among those players was Montreal&#39;s Pierre Dagenais, who has said he would be willing to disobey
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The National Hockey League and the NHL Players Association broke off talks yesterday in Toronto aimed at ending the lockout and beating a weekend deadline to save the season.
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The NHL and the players' association broke off talks Thursday as the clock ticked down to a weekend deadline for saving what little is left of the season.
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Four hours of meetings between the NHL and its players&#39; association ended yesterday with the promise of a 24% salary rollback and the prospect of many hours of homework for the league&#39;s negotiating committee over the next several days.
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NEW YORK -- The NHL Players&#39; Association is working on a proposal that will see players give up serious concessions in a bid to salvage the season.
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National Hockey League Players Association executive director Bob Goodenow said Thursday night in Toronto that when some members of his constituency found out the union was offering a 24 percent rollback on salaries across the board as one of its concessions to the owners in an effort to forge a new collective bargaining agreement and thereby save part of the ...
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The NHL said Wednesday it was imposing a lockout of the players association, effective Thursday &#151; the day after the expiration of the current collective bargaining agreement.
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The NHL players&#39; association stunned the league and even its members with its latest effort to save the hockey season: an offer to roll back all players&#39; salaries by 24 percent.
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Seeking to end the lockout, the N.H.L. Players Association on Thursday offered an immediate pay reduction of 24 percent and other concessions to the league.
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NHL Commissioner Gary Bettman all but killed the 2004-05 season yesterday. Not only did club owners reject the players&#39; union offer to take a 24 percent pay reduction, but Bettman also put a
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A 24% pay rollback is part of the concessions proposed to end the lockout and get players back on the ice. TORONTO - The NHL Players&#39; Association offered the NHL a 24 percent wage rollback and other concessions
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The NHL and the players' association appeared headed toward a lockout when talks broke off Thursday after the union's first new proposal in nearly a year.