Breaking Sports

Thursday, July 14, 2005

nhl- More CBA Details

Updated CBA details from CP via TSN,
  • Players salaries cannot - on a league-wide basis - take up more than 54 per cent of revenues; In ensuing years, the cap levels will be decided by the previous year's revenues. This can cut two ways: if revenues grow in future years, the cap will move upward in the players' favour, perhaps much higher than the $42.5-million hard cap offered by the league before the season was cancelled; but if the NHL gets hammered by the fallout from the lockout, the cap could be even lower than $39 million for the 2006-07 season.
  • Revenue-sharing where the top 10 money-making clubs donate to a fund shared by the bottom 15 teams.
continued...