Breaking Sports

Wednesday, July 13, 2005

nhl- Backout Clause

via Sportsnet, The new CBA deal will have a backout clause for the players.
Sportsnet has learned the NHLPA negotiated a significant twist in what will soon be a new CBA.
Sources say the six-year agreement includes a clause that will allow the union to re-open the agreement after the fourth year.
This option allows the players to renegotiate this massive contract, if after four full years of working under its guidelines it's deemed "unsuccessful."
Sources say the deal is essentially done and the painstaking process of "cleaning it up" is believed to be what is holding up the release announcing resolution pending ratification.