Quote:
Originally Posted by sureLoss
I think the NHLPA want a system like the NBA.
In the NBA escrow is capped at 10%. If it is determined that the 10% escrow is insufficient to cover the player's share, the owners can take up to 1% of Basketball related income from the player's benefits.
If that 1% is still not enough, nothing more is taken from the players.
The NBA also has a system to try and prevent taking from the player's benefits and the Owners being out of luck. If it start looking like the 10% escrow will not be enough when projecting revenues for the upcoming season, the salary cap is reduced regardless of projected revenue.
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Seems reasonable enough, but there's a couple of tricky caveats to make it work for the NHL.
First, the NHLPA would need to give up the escalator. Increases to the cap would need to be based solely on reasonably expected increases to HRR. Given how vulnerable HRR can be to the value of the Canadian dollar the league might even push for clauses allowing for a cap decrease if it looks like HRR might fall if the CAD is struggling.
Second, if such a setup was introduced I imagine ( looking at the numbers above ) that the cap in the first year would be significantly lower than it is now. Let alone what it might be in a couple of years.
I'm not sure the NHLPA would be happy with either of those situations.