NHL players&#39; new offer includes 24% salary cut
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The NHL Players&#39; Association is offering to cut player salaries by 24 per cent in a bid to end the lockout, but is not offering the salary cap the league has said it wants.
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The NHL players&#39; association will begin issuing lockout pay to more than 730 players. Payments will start this month, and players will get $10,000 each for November and another $10,000 for December, with subsequent
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In perhaps the last effort to head off a lost season, the NHL makes a new offer to the players' association on Wednesday.
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The NHL Players&#39; Association will pay out between $29 million and $44 million US in lockout pay this season. The payments will start this month with more than 730 players getting $10,000 each for November and another $10,000 for December.
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TORONTO (CP) - The NHL Players&#39; Association believes its new proposal has the goods to salvage the NHL season. But the offer won&#39;t connect player costs to league revenues - a salary cap - when the NHL&#39;s leadership sees it for the first time Thursday.
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Seeking to end the lockout that threatens this season, the National Hockey League Players Association offered an immediate pay reduction of 24 percent Thursday and other concessions
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The Lightning defenseman, who along with 700 other members of the NHL Players&#39; Association are without work during the league-imposed work stoppage, signed a deal Monday to play with the Fort Worth Brahmas of the Central Hockey League.
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The Flyers sign scoring leader Mike Richards to a 12-year contract extension Thursday. While the team didn't disclose financial terms, The Canadian Press reports the deal was for $69 million.
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NEW YORK -- Henrik Lundqvist and the New York Rangers agreed Thursday on a six-year, $41.25 million contract extension that will keep the two-time Vezina Trophy finalist in the fold through the 2013-14 season.
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A salary cap remains a sticking point as the league and the players reject each other&#39;s offers. TORONTO - The NHL edged a few steps closer to cancellation of what remains of the 2004-05 season Tuesday, rejecting
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The NHL players' association offered an immediate 24 percent rollback of salaries Thursday as the centerpiece of a new proposal handed to the league in an effort to end the season-long lockout.
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The Stanley Cup champion Anaheim Ducks signed left wing Chris Kunitz to a four-year, $14.9 million contract extension, through the 2011-12 season.
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A closer look at the new offer from the NHL Players&#39; Association: Rollback: The whopping 24% pay cut on all existing player contracts is a monstrous concession.
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In an effort to end the three-month-old NHL lockout, the NHL Players&#39; Association yesterday offered significant and sweeping concessions, highlighted by an immediate 24 percent rollback of
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Lowell, who could have opted out of his contract because the team hasn&#39;t secured new stadium financing, agreed Friday to a revised deal in which the team guarantees the remaining $25.
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The Pittsburgh Penguins made the first move to keep their core group of young players together, reaching terms with restricted free agent defenseman Ryan Whitney on a $24 million, six-year contract.
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Gary Bettman has already won the first stare-down of the NHL lockout. He got the NHL Players&#39; Association to make the first move -- a new offer -- in an attempt to open negotiations that have been stalled since Sept.