From Section 3 (Escrow) of the MOU: “In connection with the agreement, (i) for the 2019-20 League Year, the NHL agrees to wave any potential applicability of SPC-Paragraph 17 solely on account of the loss of games due to the COVID-19 pandemic on a non-precedential and without prejudice basis for Future League Years, (ii) For the 2020-21 League Year, the NHL agrees to wave any potential applicability of Paragraph 17 (C) in connection with the COVID-19 pandemic in a non-precedential and without prejudice basis for future League Years, and (iii) such waivers do not affect any other rights or positions of the parties with respect to Paragraph 17.”
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Paragraph 17 (C) states: “In the event of reduction of operations, the [salary] shall be replaced by that mutually agreed upon between the Club and the Player, or, in the absence of mutual agreement, by that determined by neutral arbitration.”
Got that? Let’s cut through the language. There is nothing to determine, nothing to arbitrate, nothing to negotiate no matter how much certain folks might wish it so. Been there, done that through months of negotiation prior to the restart.
The players and NHL have already agreed on the players’ take for next season, and it is 72 percent of a contract’s face value. Under terms of the CBA, players will defer 10 percent of their pay next year. Also under terms of the agreement, escrow will be capped (and set) at 20 percent. So 90 percent times 80 percent equals 72 percent.
And that will apply regardless of NHL revenue next season, when the cap is delinked from income. It does not matter whether HRR (Hockey Related Revenue) is the $5 billion that might have been projected had the pandemic not hit or a potentially catastrophic $1.3 billion that the league modeled as a worst-case scenario. It doesn’t matter. This has already been negotiated.
The league developed three models — worst-case, medium, best-case — for 2020-21 revenue based on myriad factors. This agreement was crafted while the pandemic was raging. The folks representing Sixth Avenue well understood the potential damage of a largely fan-less 2020-21 season. So did Don Fehr and his group at the PA.
The potential for economic catastrophe is contemplated in the agreement. There is nothing in the MOU that refers to the league getting a do-over on this if next season’s schedule is truncated. Such a scenario would not be tantamount to a lockout.
The owners got their flat cap in the agreement. The players got their cap on escrow. The NHL got their restart and 2020 Stanley Cup playoffs. The deal is for six years. Now there are whispers that the reference to Paragraph 17 doesn’t really mean what it says.
If the words at the bottom of Page 6 and the top of Page 7 of the MOU do not mean what they say, then it seems that the players and NHLPA agreed to a six-year CBA extension while the NHL agreed to an extension of a couple of months, subject to their interpretation of the environment. Nice work if you can get it.
-''NHL, union shouldn’t need new set of negotiations over money'', New York Post
@Doc, les proprios ont signés une entente syndicale et selon ce que j'en comprends, annuler la saison pour cas de force majeure comme c'est le cas ici, les amène selon la convention qu'ils ont signés à payer 72% des salaires aux joueurs.
Dans un autre ordre d'idée perso, je ne comprend pas trop cette sympathie envers les pôvres petits proprios, qu'on a dont de l'empathie envers eux alors que pour la plupart ce sont des vampires du système dont les états donnent multitudes d'avantages, fiscaux et subventions notamment (ironique non, ils font tout pour ne pas payer d'impots et ont tous les outils pour ne pas le faire mais siphonnent le gros des subventions).
Alors que ce sont nous, la classe moyenne, qui tenons ce système social-capitaliste à bout de bras non seulement en étant la (leur) force de travail, mais en étant ceux qui contribuent le plus en payant un pas mal plus gros pourcentage de nos revenues qu'eux afin de maintenir les infrastructures (écoles pour former la main-d'oeuvre, routes, etc..) qui à la fin, profitent surtout, encore une fois, à ces nouveaux monarques...
Quand le peuple considère ses bourreaux comme des héros et ceux des leurs qui ont réussit comme des ennemis, il y a un problème Houston...
Et pour le cas qui nous intéresse, les proprios ont en masse de quoi payer, la preuve est faite que ce sont EUX pour la plupart qui ont le plus profité de cette pandémie.
Ils ont peut-être perdu un peu dans leur secteur économique habituel, selon le secteur, mais ils ont ''cashé-in'' sur la (grosse) spéculation qui a pu se faire. Ces gens là ne vivent pas dans le même monde que nous, ils font partie d'un 1% qui se tient pas mal plus les coudes que nous et qui ont des informations privilégiés s'apparentant à du délit d'initié.
D'ailleurs il a été établie que les ultra-riches se sont globalement grandement enrichie, comme à chaque grande crise les richesses se concentrent toujours davantage.