Report: NHL makes new offer to players
With the NHL inching toward a cancelled season, the league made a new offer to the NHL Players' Association on Thursday, according to a report from ESPN.com.
Citing a an anonymous player as a source, Pierre LeBrun reports that the new offer "moved on the term limit for player contracts, salary variance and buyouts, according to the player."
More from LeBrun:
The league's insistence on a five-year limit has been a major sticking point with players, who countered Dec. 6 with a willingness to limit deals to eight years.
Details of the new offer include:
• Term limit on player contracts moves to six years from the five years NHL asked in previous offers (seven years if you're re-signing your own player).
• Year-to-year salary variance moves from 5 percent (NHL's previous offers) to 10 percent.
• Each team will be allowed one compliance buyout before the 2013-14 season that will not count against the salary cap but will count against the players' share.
• The Make Whole provision stays at $300 million.
To Flyers fans, the most interesting detail of the new proposal could be the allowance of a contract buyout before the start of the 2013-14 season. Much like the amnesty clause adopted in the NBA's latest collective bargaining agreement, teams will basically be able to hit the "undo" button on a contract that has been restricting them against the salary cap.
Reaction from fans on Twitter has been to move on from Ilya Bryzgalov, who signed a nine-year, $51 million deal in June of 2011.
Immediately after reading the word "buyout" Flyers fans are calling for Bryz's head. But a buyout in new CBA still comes from player pockets— Sarah Baicker (@sbaickerCSN) December 28, 2012
Games have already been cancelled through January 14, and the NHLPA has until January 2 to decide if they want to file a notice of disclaimer of interest, which would dissolve the union.