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Author: Fuskie Big funky green star, 20000 posts Top Favorite Fools Old School Fool Ticker Guide SC1 Red Winner of the 2010 Rule Breakers Challenge Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 39817  
Subject: Where we stand Date: 12/15/2004 4:14 PM
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Here is a quicktake of the two proposals with a decidedly anti-union slant.

http://nhlcbanews.com/news/comparison.html

Seems to me it all boils down to the following. The players want:

20% tax for dollars over $45 million payroll
50% tax for dollars over $50 million payroll
60% tax for dollars over $60 million payroll
5% increases in tax rates for repeat offenders

While the owners want:

Individual Clubs are obligated to spend no less than 51% and no more than 57% of their 1/30 share of Hockey-Related Revenues.

According to the owners and assuming the primary operational costs come from player salaries, the owners would be assuring themselves a 43% profit margin while players would voluntarily limit their earning potential.

On the other hand, players want to strap an electric lead onto the owners and zap them every time they overspend. The more they overspend, the stronger the zap. If an owner becomes sensitized to being electrocuted, the zapping gets more intense.

It is no wonder these two groups can't get along. One wants to remove the free market from the game and institute a socialized economy, the other wants to force the game to become financially accountable to itself.

Fuskie
Who thinks if players start buying out the 2nd half options to their European League contracts, there is hope but if Ilya Kovalchuk is still playing in Russia on January 1st, I will throw in the towel...
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