June 22, 2012; Pittsburgh, PA, USA; NHL Commissioner Gary Bettman on stage at the 2012 NHL Draft at CONSOL Energy Center. Mandatory Credit: Charles LeClaire-US PRESSWIRE

Around The NHL: Possibility of Lockout, Contract Extensions

Toronto

With owners threatening a lockout if a new CBA is not reached by September 15, the NHLPA will present a proposal to counter the initial offer by the NHL last month. The initial offer by the owners included reducing player percentage of hockey revenues from 57 to 46 percent and introducing new contract restrictions – like putting a five year cap on contracts and not allowing unrestricted free agency until a players 10th season in the NHL. To be sure, I would expect a radical counter-offer, which NHLPA leader Donald Fehr is calling an “alternative view” to the initial proposal. With high profile players like Sidney Crosby and Alexander Ovechkin in town for the meetings, I would expect the NHLPA to turn the heat back on the owners. Don’t expect this labor dispute to end any time soon. The season is definitely in jeopardy, and a lockout is on the horizon.

Montreal

On Monday, the Canadiens signed forward Max Pacioretty to a six year contract. He lead the team in points last season with 65 in 79 games played, and was second in goals with 33. This contract is reportedly worth 27 million dollars (roughly 4.5 million per year), and kicks in after the 2012-2013, and runs through the 2018 campaign.

The deal was signed two months after Pacioretty won the Bill Masterson Trophy for perseverance, determination, and dedication to the game. After sustaining an upper body hit by Boston’s Zdeno Chara which left Pacioretty with a broken neck and severe concussion in March, 2011, he had a great bounce back season in 2011-2012, and has definitely earned this extension.

Denver

The Avalanche inked Jean-Sebastian Giguere to a one year contract extension, leaving him with the team through the 2013-2014 season. Last year, Giguere appeared in 32 games and tallied a 2.27 goals against average, tops on the Colorado roster. Going into his second year with the squad, it will be expected that he will try to fight for the starting job.

Tags: Collective Bargaining Agreement (CBA) Colorado Avalanche Donald Fehr Jean-Sebastien Giguere Max Pacioretty Montreal Canadiens

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