Bruce Bennett
The NHL has amended its "make whole" provision, long considered a sticking point in negotiations to end the lockout.
In a surprising move by the NHL to encourage the NHL Players Association to strike a deal and end the lockout, the league has amended its "make whole" provision, according to a report from Darren Dreger of TSN.
The "Make Whole" concept is a protection plan to cover the reduction of player salary by dropping the players' revenue share from 57 percent to 50 percent in the first year of a new Collective Bargaining Agreement. "Make Whole" was considered a sticking point in negotiations, but it would appear that the league is willing to acquiesce and cover the salary lost by players over the next two years over the course of their remaining contracts.
The league's previous proposal also included a deferred payment system, which the league is said to be willing to reconsider when negotiations resume.
The league and the NHLPA are not expected to meet again until early next week.
There is 1 Comment. Load Now.
Shortcuts to mastering the comment thread. Use wisely.
C - Next Comment
X - Mark as Read
R - Reply
Z - Mark Read & Next
Shift + C - Previous
Shift + A - Mark All Read
Comment Settings
Live comment alert: Hide it!
Comments for this post are closed.