07-04-2023, 06:25 PM
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#3761
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Franchise Player
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Quote:
Originally Posted by bigrangy
There wouldn’t be. Escrow exists because the players are supposed to be paid based on the expected earnings of the league for the current year. The league holds back some pay (escrow) in order to make sure that they don’t overpay the players relative to the forecasted league income for the current year. At the end of the year, they pay back the difference.
Of course, my understanding could be off but that’s how I think it’s currently working. Right now the players are still paying off the debt from the lower revenue years of covid, but that should be over soon.
In my system, the pay for the current year is based on the revenue from the past year. So on July 1st, 2023 (or whatever), the league can tell the PA “total hockey related revenue last season was 3.2 billion dollars, so 50% of that will be the player’s share to pay out this upcoming year” and would then set the salary cap of each team to 50 million dollars (3.2 billion divided by 32 teams times 50%) and the players that signed for their percentages would get paid for 2023-2024 as their percent times that 50 million number. Of course, all the numbers are selected here for ease of math.
One problem now would be that all 32 teams aren’t spending 100% of the salary cap, but players still need to get 50% of the revenue. So, to fix that let’s give them a bonus at the end of the year that makes the players whole.
After all that is done, the players get their 50% and are guaranteed to take home their money as of July 1st (or whatever the date is) plus a bonus, the owners get their cost certainty, the GMs don’t have to predict a fluctuating salary cap, which will make salary cap management easier allowing them to focus more on building a team instead of managing money, which allows hopefully a better product for the fans.
Of course there will be a lot of details to iron out (what is this bonus going to look like, how do tweeners affect the cap, what do they get paid in the AHL) but that is what people at the NHL and PA get paid for.
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So there would be a 12 month escrow because the players would be making money in 23/24 based on what the revenue was in 22/23, despite the fact that revenue probably is higher in 23/24 than it was in 22/23.
Currently the league projects what it thinks the next years revenue will be, based in large part based on what the last years revenue was. The players have an escrow for two reasons - uncertainty on whether the revenue targets will be met and because the actual salary cap (50% of revenue going to the players) is the median between the floor and the cap and most teams spend above the median, thus the need for additional escrow.
Your system would bake in the escrow on the revenue side because players would have that held back for 12 months. If your system is saying the players should get whatever percentage owners are willing to spend (which has always been above the 50% players are allowed to make under the CBA) then I suspect the players would be fine with your system, because they would make more money. But unfortunately it is not because the PA is too dumb to take more money but rather because the owners are too greedy and do not want to actually give the 52% or 53% of the revenues they sign players for to the players, rather they would rather give 50%.
Last edited by Aarongavey; 07-04-2023 at 06:33 PM.
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07-04-2023, 07:23 PM
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#3762
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Franchise Player
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Jesus.
__________________
"By Grabthar's hammer ... what a savings."
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07-04-2023, 07:43 PM
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#3763
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Farm Team Player
Join Date: Sep 2002
Exp: 
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Somehow the rumors thread turned into the business of hockey thread. Where does a guy find the rumors now?
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07-04-2023, 07:48 PM
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#3764
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Lifetime Suspension
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Quote:
Originally Posted by Shawn_Cronin44
Somehow the rumors thread turned into the business of hockey thread. Where does a guy find the rumors now?
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2 more seasons left until the next lockout time to get the ideas flowing.
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07-04-2023, 07:50 PM
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#3765
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Franchise Player
Join Date: Apr 2014
Location: Indiana
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Quote:
Originally Posted by Shawn_Cronin44
Somehow the rumors thread turned into the business of hockey thread. Where does a guy find the rumors now?
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If you think business and escrow are off topic, I can't wait for you to see the arguments on this thread a month from now.
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07-04-2023, 07:51 PM
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#3766
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Franchise Player
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Quote:
Originally Posted by Paulie Walnuts
2 more seasons left until the next lockout time to get the ideas flowing.
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If you think the owners give a F about NTC and will make that an issue I have a bridge to sell you
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07-04-2023, 07:56 PM
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#3767
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Franchise Player
Join Date: Feb 2010
Location: Park Hyatt Tokyo
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Quote:
Originally Posted by Shawn_Cronin44
Somehow the rumors thread turned into the business of hockey thread. Where does a guy find the rumors now?
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You’re looking for the Bennett thread. Right below the Jankowski thread.
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07-04-2023, 07:57 PM
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#3768
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Lifetime Suspension
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Quote:
Originally Posted by Jason14h
If you think the owners give a F about NTC and will make that an issue I have a bridge to sell you
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They will go after term for sure and probably change the HRR %. NTC will be an ask and will be given up and as win for the players being able to keep it when they get beaten on the other stuff.
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07-05-2023, 11:23 AM
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#3770
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Fearmongerer
Join Date: Oct 2001
Location: Wondering when # became hashtag and not a number sign.
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07-05-2023, 11:39 AM
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#3771
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Franchise Player
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Quote:
Originally Posted by transplant99
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Two terrible players.
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07-05-2023, 11:48 AM
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#3773
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Fearmongerer
Join Date: Oct 2001
Location: Wondering when # became hashtag and not a number sign.
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Quote:
Originally Posted by Pickle Juice
I’m really surprised that Conroy didn’t come out swinging! I know that it takes two to tango, but I have carried the belief that even though we are seeing a mass exodus of players Conroy would be able to get a hole lot younger while still remaining competitive.
I was very underwhelmed with the Toffoli trade even if the pick we received looks like a steal. I feel like Conroy took the safe route on the first round pick and we could be looking at a second liner at best. Hard to say for sure and I’ll just have to trust that they knew what they were doing when they made the pick but I felt there was still a couple of players on the board that looked to have more upside.
Coaching choices were underwhelming as well and the only thing that gives me any bit of hope is maybe seeing Iggy behind the bench next year.
Now with the latest rumor that CGY might not want to do business with BT just makes it feel like Conroy is scared to lose against him in a trade? Maybe it’s the dog days of July hitting me here but I really am losing confidence in Conroy in a hurry.
Is it just me thinking this way? Help talk me off the ledge here people!
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Patience, particularly in todays hockey enviroment, is a virtue.
He is doing the right thing by not succumbing to the "trade just to make a change" philosophy.
Its July the 5th. He, clearly, is playing the long game.
3 months until puck drop. Things will change for every team in the meantime.
Doesn't mean things will get better, nor does it mean things will get worse. Just have to trust that waiting for what he wants will pay off and if it comes to a point where he has to pull the trigger, then he has a deal (s) in place to do so, even if its not what he was exactly looking for.
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07-05-2023, 11:51 AM
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#3774
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Franchise Player
Join Date: Feb 2012
Location: NC
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Tkachuk got traded in august
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07-05-2023, 11:52 AM
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#3775
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Franchise Player
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Quote:
Originally Posted by ForeverFlameFan
Tkachuk got traded in august
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He was traded in July.
flames traded their 1st round pick in August to make salary room for Kadri.
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07-05-2023, 11:52 AM
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#3776
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Franchise Player
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Nm
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07-05-2023, 11:55 AM
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#3777
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Franchise Player
Join Date: Oct 2006
Location: San Fernando Valley
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The Toffoli trade return was underwhelming but most of the trades made last week had underwhelming returns for productive players. The coaching hire is underwhelming on the surface but Huska could surprise as only time will tell if he will be a good NHL head coach or not. As for the lack of trades it seems to be one of those drafts where teams wanted to hold on to their picks. Bad timing for the Flames but not much Conroy could do about that as all he can do is bide his time and wait for better offers that will come in time.
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07-05-2023, 11:58 AM
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#3778
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Franchise Player
Join Date: Jun 2013
Location: Calgary
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Any trade involving Hanifin, Lindholm, or Backlund has to be done right. I’m glad he’s waiting out the bad offers, and not making any knee-jerk moves. I also feel that Conroy has enough quality hockey people around him that he’ll avoid making bad trades.
That said, he needs to address team toughness or we’re going to get steamrolled, especially now that there’s no Lucic or any Ritchies.
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07-05-2023, 12:00 PM
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#3779
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Franchise Player
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Quote:
Originally Posted by Erick Estrada
The Toffoli trade return was underwhelming but most of the trades made last week had underwhelming returns for productive players. The coaching hire is underwhelming on the surface but Huska could surprise as only time will tell if he will be a good NHL head coach or not. As for the lack of trades it seems to be one of those drafts where teams wanted to hold on to their picks. Bad timing for the Flames but not much Conroy could do about that as all he can do is bide his time and wait for better offers that will come in time.
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The more time has passed since the draft, the more I think the Toffoli trade was real smart. While it wasn't a maximization of return, it did create some cap space, which the Flames desperately needed and takes away leverage that other teams would now be able to use against the Flames in trade discussions for the other players.
Imagine if Toffoli wasn't traded, teams would be looking at the market, looking at the Flames cap situation, and they'd be making even crappier offers knowing that Conroy had to move out salary. At least now, the Flames can get pretty close to being cap compliant without having to trade anyone of significance away for pennies on the dollar.
This was a terrible situation for Conroy to come into, Treliving can't blame Sutter for the cap situation, this was all on him and he was smart to jump ship.
__________________
Calgary Flames, PLEASE GO TO THE NET! AND SHOOT THE PUCK! GENERATING OFFENSE IS NOT DIFFICULT! SKATE HARD, SHOOT HARD, CRASH THE NET HARD!
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07-05-2023, 12:04 PM
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#3780
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Franchise Player
Join Date: Oct 2006
Location: San Fernando Valley
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Quote:
Originally Posted by 868904
The more time has passed since the draft, the more I think the Toffoli trade was real smart. While it wasn't a maximization of return, it did create some cap space, which the Flames desperately needed and takes away leverage that other teams would now be able to use against the Flames in trade discussions for the other players.
Imagine if Toffoli wasn't traded, teams would be looking at the market, looking at the Flames cap situation, and they'd be making even crappier offers knowing that Conroy had to move out salary. At least now, the Flames can get pretty close to being cap compliant without having to trade anyone of significance away for pennies on the dollar.
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They had to move at least one of the six or seven pending UFA's at the draft and it's probably not realistic to expect that every single one of those trades will bring a homerun return on the surface. The story of this trade hasn't been written as Sharangovich likely has a career season in his future and it's a matter of finding out how good of a player he can be with a bit more ice time and opportunity compared to last season where he was buried by depth.
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