NHL players propose a sizable salary cut
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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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If Thursday&#39;s unprecedented proposal by the NHL Players&#39; Association does not form the basis for an agreement with owners to end the lockout, Avalanche captain Joe Sakic said the NHL&#39;s intent would become obvious: to break the players&#39; union.
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The NHL Players&#39; Association will present its new proposal tomorrow in a meeting with commissioner Gary Bettman and the NHL bargaining team.
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Both sides of the National Hockey League&#39;s labour impasse seem to be dug in for the long haul. Team owners, claiming heavy losses, are steadfast in their demand that a salary cap be included in the new collective
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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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The NHL and the players 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 appears poised to reject a proposal made last Thursday by the players union, which included a 24 percent reduction in pay and other concessions but not a hard salary cap.
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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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NEW YORK (CP) - The NHL Players&#39; Association made the biggest move of the 2Â½-month-old lockout Thursday, inviting the NHL back to the negotiating table with the lure of a new proposal.
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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.
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âLast week, the Players made a major proposal to reach a negotiated deal with the League. We had proposed an immediate 24% rollback on all existing contracts, other concessions in favour of the Owners and real revenue-sharing.
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The blockbuster proposal by the NHL Players Association to slash salaries 24 percent across the board was sending shock waves through much of the hockey world Friday.
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The NHL players&#39; 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 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 NHL's latest salary-cap proposal to end the seasonlong lockout was rejected yesterday by the players' union, which came back with its own idea: Bring commissioner Gary Bettman to the bargaining table.
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With the final sands of the National  Hockey League's season slipping through the hourglass due to a  labor dispute, many players are desperately turning to far  flung regions to salvage some playing time.
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Seeking to end the lockout, the players association on Thursday offered an immediate pay reduction of 24 percent and other concessions to the N.H.L.