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NHL lockout to end as league, union reach tentative agreement

#1 User is offline   billvill 

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Posted 06 January 2013 - 06:45 AM

NHL lockout to end as league, union reach tentative agreement

NEW YORK - The NHL and the players' association reached a tentative agreement early Sunday to end a nearly four-month-old lockout that threatened to wipe out the season.
A marathon negotiating session that lasted more than 16 hours, stretching from early Saturday afternoon until just before 6 a.m. EST Sunday morning produced a 10-year deal that still must be ratified by the players.
After the sides stayed mostly apart for two days, following late-night talks that turned sour, federal mediator Scot Beckenbaugh worked virtually around the clock to get the sides back to the bargaining table.
After the all-night session, this time it worked.

http://www.newsday.c...ement-1.4412174
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#2 User is offline   billvill 

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Posted 06 January 2013 - 06:48 AM

10 Yr CBA w/ $64.3M Cap 13-14'. :TerribleTowel:


http://www.nj.com/de...er_maratho.html
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#3 User is offline   billvill 

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Posted 06 January 2013 - 06:51 AM

Lockout is over
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#4 User is offline   billvill 

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Posted 06 January 2013 - 07:03 AM

Highlights of the new CBA

- The league coming off their demand for a $60 million cap in Year 2, meeting the NHLPA's request to have it at $64.3 million - which was the upper limit from last year's cap. The salary floor in Year 2 will be $44 million.

- The 10-year deal also has an opt-out clause that kicks in after eight years.

- The salary variance on contracts from year to year cannot vary more than 35 per cent and the final year cannot vary more than 50 per cent of the highest year.

- A player contract term limit will be seven years and eight years for a team signing its own player.

- The draft lottery selection process will change with all 14 teams fully eligible for the first overall pick. The weighting system for each team may remain, but four-spot move restriction will be eliminated.

- Supplemental discipline for players in on-ice incidents will go through NHL disciplinarian Brendan Shanahan first, followed by an appeal process that would go through Bettman. For suspensions of six or more games, a neutral third party will decide if necessary.

- Revenue sharing among teams will spread to $200 million. Additionally, an NHLPA-initiated growth fund of $60 million is included.
"Get to your game, boys"
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#5 User is offline   Craalkin84 

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Posted 06 January 2013 - 07:11 AM

I may watch some hockey this year if they give me Center Ice for free as an apology for the last 6 months of this bullshit.
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#6 User is offline   billvill 

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Posted 06 January 2013 - 07:25 AM

View PostCraalkin84, on 06 January 2013 - 07:11 AM, said:

I may watch some hockey this year if they give me Center Ice for free as an apology for the last 6 months of this bullshit.

Write them and suggest it, I'm gonna. Their feedback email address is in the first page of the Lockout Thread.
"Get to your game, boys"
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Man, that sixth one stung...

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#7 User is offline   Dingo 

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Posted 06 January 2013 - 07:34 AM

WOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO wait aw F it HOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO!
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#8 User is offline   Badger Bob 

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Posted 06 January 2013 - 07:38 AM


It's A Great Day for Hockey!!!

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#9 User is offline   Dingo 

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Posted 06 January 2013 - 07:40 AM

startled 2 deer and a flock of turkeys but on the good news it's not as cold as it has been!
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#10 User is offline   Badger Bob 

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Posted 06 January 2013 - 07:44 AM

The Local Take from Rossi:

Quote



Labor Log: Some details of new NHL labor agreement, and Sidney Crosby's reaction.
January 6th, 2013 Obviously, dear readers, this is a fluid story. Please be patient as we try to track down reaction and details.

♦ Here is what Sidney Crosby told the Trib's Josh Yohe:

"I'm really happy a deal has been reached. It's exciting to know we will be back playing hockey."

This blog author was in contact with Crosby late Saturday night. He, like many players and team executives, was in the dark about the marathon talks. That said, nobody is more excited than Crosby, who has played only 28 NHL games since Jan. 5, 2011.

♦ Previous blog post: http://blog.triblive...hl-coming-back/

Technically, it was a lockout of 112 days and about four-plus hours.

♦ Columnist Dejan Kovacevic has this quick take on the NHL and NHLPA: http://blog.triblive...-almost-no-one/

♦ The main sticking points as of Saturday were over pension plan, contract rights and the salary cap. Here is what we know as of right now on those subjects:

PENSION

This was the big gain for the union, and it is a complicated subject to process in the immediacy of this moment. Just know that getting a defined pension plan, in the end, was the hill the players were going to die on, to borrow a phrase from NHL deputy commissioner Bill Daly.

CONTRACT RIGHTS

There will be a season-to-season variance of 35 percent on multiyear deals.

The lowest season cannot be less than 50 percent of the highest.

When thinking of something like this, consider the long-term extension signed by Crosby in July. It was for 12 years and $104.4 million, but the Penguins will actually pay him $12 million yearly for the first five years of that deal, which kicks in next season, even though his cap hit will be $8.7 million.

Generally, owners hated what they felt were "back-diving contracts." Those deals had a big negative impact on franchise debt ratios.

The variance rules are aimed at the "back-diving contracts."

CONTRACT LENGTHS

Players have a 7-year max for veteran deals, but clubs can sign their own players for 8 years.

So, bottom line: When the Penguins and Evgeni Malkin sit down this summer to ink an extension, the team's biggest selling point can be that extra, guaranteed year of money they can offer Malkin.

This actually will work in the favor of the Penguins' plan to keep Crosby and Malkin together for their entire NHL careers.

SALARY CAP

Year 1 of the new CBA calls for a $60 million cap and $44 million floor. Clubs can spend up to $70.2 million in Year 1, though, as part of the post-lockout/short season transition.

The big mess was about Year 2 of the deal, for the 2013-14 season. All you need to know is the Year 2 cap will be $64.3 million.

BUYOUTS

Clubs are afforded two buyouts prior to the 2013-14 (Year 2) season.

More to come, no doubt. Keep checking here.



Cheers,

Rossi



:cheers:/>

Let's hope the vote goes well.
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#11 User is offline   Craalkin84 

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Posted 06 January 2013 - 07:46 AM

View Postbillvill, on 06 January 2013 - 07:25 AM, said:

Write them and suggest it, I'm gonna. Their feedback email address is in the first page of the Lockout Thread.


Good idea.

Just wrote them. If they do give Center Ice for free, you all can thank me and billvill!
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#12 User is offline   billvill 

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Posted 06 January 2013 - 07:52 AM

View PostBadger Bob, on 06 January 2013 - 07:44 AM, said:

The Local Take from Rossi:



:cheers:/>/>

Let's hope the vote goes well.

Quote

♦ Here is what Sidney Crosby told the Trib's Josh Yohe:

"I'm really happy a deal has been reached. It's exciting to know we will be back playing hockey I'm really glad I didn't have to resort to playing with those hacks in Europe."


fsp
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#13 User is offline   Dingo 

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Posted 06 January 2013 - 07:54 AM

When can we start Geno watch? hopefully he's already on a plane!
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#14 User is online   stonewizard51 

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Posted 06 January 2013 - 07:57 AM

View PostCraalkin84, on 06 January 2013 - 07:46 AM, said:

Good idea.

Just wrote them. If they do give Center Ice for free, you all can thank me and billvill!

Last week I called the Comcast Customer Service number and made that suggestion. We'll see on that one but Comcast Rep said the suggestion would be made. The decision will probably take as long as the CBA. I'm doomed. :lol:
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#15 User is offline   billvill 

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Posted 06 January 2013 - 07:59 AM

View Poststonewizard51, on 06 January 2013 - 07:57 AM, said:

Last week I called the Comcast Customer Service number and made that suggestion. We'll see on that one but Comcast Rep said the suggestion would be made. The decision will probably take as long as the CBA. I'm doomed. :lol:/>

My suggestion will be; Fork me over a sweet game jersey or free Center Ice commensurate to the time lost to the Lockout.
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"Coach, our game isn't working"
"Well, grind some bitches, then"

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Man, that sixth one stung...

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#16 User is offline   billvill 

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Posted 06 January 2013 - 08:09 AM

Not sure how it will be recieved since my last message to them was..."HEY BETTMAN, GO **** YOURSELF", but here's my message to the league:

Quote

Now...Let's Talk, NHL. You hosed us fans now since Sept. Essentially saying, "Your money means nothing to us".

It's time the NHL steps up and does the right thing. I propose that you offer FREE NHL CENTER ICE commensurate to the # of games lost to the Lockout.

"Get to your game, boys"
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Man, that sixth one stung...

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#17 User is offline   ferris274 

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Posted 06 January 2013 - 08:19 AM

Thank god that's over
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#18 User is offline   billvill 

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Posted 06 January 2013 - 08:22 AM

CBA Framework now in place

Bettman looks like a beaten man. It's time to put this guy out to pasture.
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#19 User is offline   Badger Bob 

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Posted 06 January 2013 - 09:51 AM

View Postferris274, on 06 January 2013 - 08:19 AM, said:

Thank god that's over



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Posted 06 January 2013 - 09:56 AM

Happy that it's over and great to see the 10 years in length. Finally there's some hockey Sunday through Thursday now. Hard to exist on NCAA alone.
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