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The Skinny on Bill Torrey's Passing

I lost another part of my childhood today with the passing of legendary Islander general manager Bill Torrey.  Torrey assembled the squ...

Saturday, July 21, 2012

NHL proposal

The Islanders may eventually get to Barclays Center, but judging by the opening salvo in the NHL/NHLPA negotiations it may not be for their October pre-season game.
 
From Larry Brooks of the Post:
 
<<Fehr wrote: "We learned that the owners' proposal, if in effect in 2011-12, would have had the following effects:
 
"(1) Player compensation would have been reduced by $450 million, or 24 percent ... Using the definitions in effect under the current CBA, the '46%' player share in the proposal is really only '43% and change.'
"(2) The salary cap would have fall to an Upper limit of $50.8M, a Midpoint of $46.8M, and a floor of only $38.8M."
The NHL operated last year with an actual cap of $64.3 million and a floor of $48.8 million. If the current CBA were in place next year, the cap would be $70.2 million and the floor, $54.2 million.
Fehr continued in the memo: "(3) This would mean Player compensation would fall to below 2003/04 levels, notwithstanding the large revenue increases in the last few years."
 
NHL revenue has grown by nearly $1 billion, to approximately $3.2 billion, over the last seven seasons.
There are 123 games remaining on the Islanders' Coliseum lease.  How many of them will actually get played?
 
Forever1940 is the nom de plume of Eric Hornick, statistician on Islander home telecasts since January 21, 1982. Visit my blog: NYISkinny.com and follow me on Twitter @ehornick

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