CBA negotiations continueSeptember 8, 2012, by
Per Darren Dreger, the NHL and NHLPA had some “good, candid discussions” today, and talks will continue through the weekend as the deadline for a new deal comes dangerously close. Dreger also notes that although a 50/50 split of hockey revenues sounds fair, there are some additional complications in a raw split:
A 50-50 split looks and sounds fair, but, as it's pointed out to me, each %pt equates to $33 mil. For the players to drop 7% is big, big $$.
— Darren Dreger (@DarrenDreger) September 8, 2012
Currently the players have a 57% share of revenues, so a 7% drop equals roughly $231 million. That’s a lot of money to give up, and while the owners may want this as an overall goal, it’s may take one or two CBAs to get to that split.
The biggest concern is still the lack of common ground in what is the biggest issue: the players want revenue sharing, and the owners just want a bigger cut of the revenues. Until they find common ground, there won’t be much progress.