September 12, 2012; New York, NY, USA; NHLPA executive director Don Fehr (right) flanked by Vancouver Canucks player Manny Malhotra (to his left) and Winnipeg Jets player Ron Hainsey (to his right) during a press conference at the 2012 NHLPA summer player meetings at the Marriott Marquis. Mandatory Credit: Brad Penner-US PRESSWIRE

Another Deadline Passes And Still No NHL

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As Thursday came to close so did all hope of the NHL playing a full 82 game season in 2012-2013. Once the deadline set by the NHL on 10/25 passed with no agreement the league pulled the offer. The 50/50 revenue split offer that was on the table seemed to be the best possible compromise for both sides but the NHLPA, and it’s leader Donald Fehr seemed to be insulted by the offer as the players would lose about 14 percent of their yearly salary as their portion of shared  revenue would be down from 57 percent.

It does not take a genius to realize that the player will lose much more 14 percent of their salary if the sit out the season. Let’s look at an example of a player who currently makes 5 million a year. If the offer was accepted he would be making about 4.3 million for however much time is remaining on his contract. If he sits out the season he is going to lose 5 million. The math just doesn’t add up.

What’s scary is neither side even cares to do what is best for themselves, their counterparts, or the fans. Neither side is benefiting, but nobody will swallow their pride and bite the bullet even though it is in their best interest. That is what leads me to believe the whole season will be lost. Around one fourth of it is lost to this date. The egos of the leaders of both sides are causing the loss of the season and a black mark on the league as a whole that will remain for years to come, just as the lockout in 2004/2005 did.

 

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Tags: Collective Bargaining Agreement (CBA)

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