Re: nhl tables new offer
posted at 10/18/2012 9:26 AM EDT
"Simply put, the owners' new proposal, while not quite as Draconian as their previous proposals, still represents enormous reductions in player salaries and individual contracting rights," Fehr said in the letter, according to a report by TSN. "As you will see, at the 5 percent industry growth rate the owners predict, the salary reduction over six years exceeds $1.6 billion. What do the owners offer in return?"
"We're studying it and we're trying to get ready to give a response tomorrow," said union lawyer Steve Fehr, brother of the union leader.
"We do not yet know whether this proposal is a serious attempt to negotiate an agreement, or just another step down the road," Donald Fehr wrote. "The next several days will be, in large part, an effort to discover the answer to that question."
Fehr doesn't think they are convoluted. Like Fehr's 1st offer to the NHL there is teeth in the new proposal the will not slip by Fehr's watchful eye.
Sigh still hoping this can start something in the right direction but Bettman is not going to like Donald's 1st response to the current offer.
And they're not...just horsesh*t, and it's being shovelled in equal portions, from both sides.
Basically...the PA is saying, 57% is fine. Leave it alone, cuz together, we'll grow the game like we have been, and you'll end up getting that extra money you say you want/need. The pitches are all variations of the above comment
The league is saying, what's the problem here guys? Together, we're going to grow this thing just like we have been....and "REALLY",.. you're not looking at another pay cut...cuz you'll be making as much or more. Although the league has moved on it's ridiculous early offers, their pitches all attempt to hide the fact they want reductions.
But that isn't the issue, and both sides need to confront that head-on. Regardless how big the pot gets...if revenue goes to 10 billion, and everyone is swimming in even more cash....the owners would still want a bigger piece of the pie. They feel entitled to more...and they'll get it. Negotiate that number, and a deal will be made....sometime. It's close enough now, that failure to do so, makes no sense financially, for either side.
This fight ain't about "need'....it's about "want".
Making whole...all of these growth projections...just side-step the issues, ensure a longer standoff, and provide an additional tens ofmillions in legal and accounting fees to more fatcats.