That’s the biggest takeaway from Monday’s decision by the NHL Players’ Association not to trigger an early end to the current agreement.
This is a welcome change for a league that has experienced three straight lockouts and saw the entire 2004-05 season shuttered before the salary cap was instituted. It’s come about because the owners feel they have a fair system where revenues are split 50-50 and the cap is tied to the overall growth of the business.
"While players have concerns with the current CBA, we agree with the league that working together to address those concerns is the preferred course of action instead of terminating the agreement following this season," said NHLPA executive director Donald Fehr. "We have been having discussions with the league about an extension of the CBA and expect that those talks will continue.
At issue is making changes designed to limit the amount of escrow deducted from player salaries. There has been some talk about keeping the salary cap ceiling flat for the next two years until the league renegotiates national U.S. television deals that could be worth as much as eight times what they bring in now.The players are also seeking to have a defined calendar of international events, starting with a World Cup in February 2021.
reporterchris Way to go Johnston...finally covering a relevant story.
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