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Union views NHL plan as small step forward
Question of the Day
_A listed salary cap of $59.9 million for the 2012-13 season, with a provision each team could spend up to $70.2 million during a transition season.
_Changing eligibility for unrestricted free agency from age 27 or seven years of service to age 28 or eight years of service, down from 10 years of service in the league’s earlier proposal.
_Increasing eligibility for salary arbitration from four years to five years.
_Including all years of existing contracts beyond five years against a team’s cap, regardless of where a player is playing. If a player is traded and retires or stops playing, the applicable cap charge would be applied against the team that originally signed the contact.
_The reduction of entry-level contracts to two years.
_A term limit on any contract beyond that set at five years and a stipulation that the average annual value can only vary up to five percent. This is a mechanism designed to eliminate long-term, back-loaded contracts. The NHL wants to prohibit lengthy deals, such as the $98 million, 13-year contracts Minnesota agreed to in July with forward Zach Parise and defenseman Ryan Suter.
_The elimination of re-entry waivers.
_Increasing the annual revenue sharing pool by 33 percent to $200 million, assuming annual league revenue of $3.033 billion, with a provision that half the pool be funded by the 10 teams with the highest gross revenue. A cutout against clubs in large media markets, such as Anaheim, New Jersey and the New York Islanders, and clawbacks against not selling enough tickets would be eliminated. A new revenue sharing committee, which would include NHLPA representation, would have input to determine distribution.
Among the items not addressed in the league’s public detailing of its offer was realignment, drug testing or the NHL’s participation in the 2014 Olympics in Sochi, Russia.
AP Hockey Writer Larry Lage in Detroit contributed to this report.
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