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> Dredger: Nhl makes significant move, on 'Make Whole' provision

Zimbow
post Nov 3 2012, 03:28 AM
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Darren Dredger
11/2/2012 7:06:08 Pm

The NHL made a somewhat surprising move this week to urge the NHL Players' Association towards a deal and an end to the lockout.

The league amended a proposal made last month to shift the cost of the NHL-designed 'make whole' provision from the players share over to the owners side.

The concept of "Make Whole" is a protection plan to cover player salary reduction in dropping the players revenue share from 57 per cent to 50 per cent in Year 1 of a new CBA.

The NHL proposal included a deferred payment system which the league is also willing to reconsider when negotiations resume.

This move by the owners is considered a significant concession.

As reported by TSN Hockey Insider Pierre LeBrun, both NHL deputy commissioner Bill Daly and NHLPA general counsel Steve Fehr will meet in person on Saturday.

http://www.tsn.ca/nhl/story/?id=408711


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Zimbow   Dredger: Nhl makes significant move   Nov 3 2012, 03:28 AM


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