NHLPA set to makes counter-proposal today, an update on the Devils debt situation, the NHL paid over $6 million in legal fees fighting to keep the Coyotes in Glendale, Commissioner Bettman earns big bucks, an update on Mattias Ohlund, and Gilbert Brule heads to Switzerland.
TSN.CA: The NHLPA is set to make its long-awaited CBA counter-proposal to the NHL today, which is expected to include “expanded revenue sharing and more flexibility than is currently allowed under the league’s rigid salary cap system.
KUKLA’S KORNER: George Malik has a complete round-up of anticipation and reaction among the NHL punditry regarding the PA’s upcoming proposal, which could include a luxury tax.
SPECTOR’S NOTE: It’s not a question of “if” the NHL rejects the PA’s proposal, but “when” and “how vehemently”. If the PA’s proposal includes what many expect to be a call for an improved system of revenue sharing, PA director Donald Fehr could be trying to woo owners of struggling markets – who would benefit from such a system – to his side, hoping to open and exploit a split between the owners.
If the proposal calls for the elimination of the current cap system and implementation of a luxury tax, that’s an automatic deal-breaker for the league. The team owners won’t give up the current cap system, and while they might be willing to consider an improved system of revenue sharing, I don’t believe they’ll consider a luxury tax.
NORTHJERSEY.COM: New Jersey Devils owner Jeff Vanderbeek isn’t expected to settle his debts by today’s deadline to do so, but it’s expected his lenders aren’t likely to force the team into bankruptcy.
“A source said Vanderbeek has already worked the debt down to less than $35 million and raised roughly half of that remaining figure, leaving him needing about $18 million more to fully cover what the team owes the banks. If the lenders were to push the team into bankruptcy, they would likely recover much less than that. That gives them every reason to give Vanderbeek the time he needs to raise the rest of the money the team owes.”
SPORTING NEWS: The NHL has spent more than $6 million in legal fees in its efforts to keep the Phoenix Coyotes in Glendale.
SPECTOR’S NOTE: It’s believed the NHL is reluctant to accept an improved system of revenue sharing in its negotiations with the NHLPA, yet when it comes to the Coyotes, it’s been engaged in a form of revenue sharing since 2009, when it took over ownership of the team.
SPORTS BUSINESS DAILY: NHL Commissioner Gary Bettman received nearly $8 million salary for the fiscal year ending June 30, 2011.
SPECTOR’S NOTE: Unlike the players he could lock out on September 15, Bettman will continue to draw his salary while he plays hardball with the NHLPA.
TAMPABAY.COM: Lightning defenseman Mattias Ohlund has made improvement in his recovery from knee surgeries, but remains a long way from returning to the ice.
NBC SPORTS PRO HOCKEY TALK: Former Phoenix Coyotes forward Gilbert Brule has signed a one-year contract with ZSC Lions in Switzerland.
SPECTOR’S NOTE: Once upon a time, Brule was among the most highly-touted picks of the 2005 NHL entry draft.