Warring Factions Reach Agreement
A long-standing feud came to a close today in New York. Peace in the Middle East? No, but the agreement will have far reaching global impact. Well, no it really won't, but it will impact my winter and spring TV viewing schedule. I'm one of the few south of the Canadian border who cares, but the NHL lockout appears to be at an end.
Both sides reached an agreement in principle, pending ratification by the NHL Board of Governors and the NHLPA. The financial details ended up where most felt they would have to long before the process began, which makes it you wonder why this couldn't have happened a year ago.
The expected salary cap will likely have a ceiling approaching $40 million and a minimum somewhere between $20 million and $25 million.
Player salaries will not exceed 54 percent of league revenues.
There have been some ugly things said about both sides. It will be interesting to see how quickly the wounds heal. I don't think the NHL will suffer to the degree baseball did after their strike. Hockey's fan base is no where near that of baseball, but hockey has a much higher ratio of avid fans to casual fans. It seems you either love the sport or you don't know it exists. I'm in the former camp. I like baseball, but after baseball's strike, I didn't watch a game for two years. I am much more disgusted by the ineptitude on both sides in the NHL lockout, but I'll be watching the Wild's season opener.
Both sides reached an agreement in principle, pending ratification by the NHL Board of Governors and the NHLPA. The financial details ended up where most felt they would have to long before the process began, which makes it you wonder why this couldn't have happened a year ago.
The expected salary cap will likely have a ceiling approaching $40 million and a minimum somewhere between $20 million and $25 million.
Player salaries will not exceed 54 percent of league revenues.
There have been some ugly things said about both sides. It will be interesting to see how quickly the wounds heal. I don't think the NHL will suffer to the degree baseball did after their strike. Hockey's fan base is no where near that of baseball, but hockey has a much higher ratio of avid fans to casual fans. It seems you either love the sport or you don't know it exists. I'm in the former camp. I like baseball, but after baseball's strike, I didn't watch a game for two years. I am much more disgusted by the ineptitude on both sides in the NHL lockout, but I'll be watching the Wild's season opener.
posted by Nordeaster | 11:35 AM
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