Thursday, April 14, 2005

 

The PA Proposal

I went searching to find out if the numbers in the following statement from the TSN article were correct...
"The league has spent more than a week chewing on what the union put on the table at their last meeting: a floating team-by-team payroll that would have a base of $30 million and an upper limit of $50 million US. But sources indicate the range would fluctuate depending on the league's revenues. The $30 million to $50 million is based on $2 billion in revenues."

I got this response from a reliable source close to the NHL."...The upper and lower payroll thresholds were lower at $2 billion of League revenues....the bottom line we gave them was that concept was clearly workable, but the spread was too much and the upper limits they were proposing were too high"



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