Flyers re-sign Wayne Simmonds, the latest NHL CBA news, and an update on Ryan O’Reilly.

 

Flyers ink Simmonds to multi-year contract extension.

CSNPHILLY.COM: The Philadelphia Flyers have re-signed winger Wayne Simmonds to a six-year, $23.04 contract extension, worth an average cap hit of $3.84 million.

SPECTOR’S NOTE: A fair deal for Simmonds, who endeared himself to Philadelphia fans in his first season as a Flyer with his aggressive, physical style. His new deals starts in 2013-14, as he has one season remaining on his current contract paying him $2 million, but counts as $1.75 million against the Flyers cap.

TSN.CA/CANADIAN PRESS: NHL Commissioner Gary Bettman yesterday squelched whatever optimism arose in the wake of the NHLPA’s CBA proposal on Tuesday, maintain a “wide gap” remained between the league and the PA, with “different views of the world and the issues”.  PA director Donald Fehr, meanwhile, put the blame for the gulf between the two sides on the league’s initial proposal, which seeks further salary rollbacks and a sharp reduction in the players share of reveneu.

SPECTOR’S NOTE: No one should be surprised by the NHL’s response. For all the pessimism, it must be remembered both sides have made their opening offers, and now they have benchmarks upon which to work toward an eventual resolution. The players have acknowledged their willingness to accept a lesser share of hockey-related revenue, but they’re unwilling to accept a reduction to 43-46%. The league, on the other hand, seems willing to consider improved revenue sharing, but convincing the big market owners to part with more than they current do (between 6-12%) will be a tough sell.

Yes, it’s possible there could be another lockout, which could cost at least the first couple of months of the season, but there’s still a month to go until the current deal expires. The negotiations will continue, which eventually will result in a likely “50-50” split of hockey-related revenue, and an improved system of revenue sharing.

TSN.CA: More details emerged from the NHLPA’s counter-proposal, which included a limit on non-player costs, and providing troubled teams (under the discretion of the league and PA) extra draft picks.

FORBES.COM: The Stanley Cup champion Los Angeles Kings and the Florida Panthers are two teams which cannot afford another NHL lockout, as it creates difficulty in their efforts to compete against notable franchises like the NBA’s LA Lakers and Miami Heat.

NEW YORK TIMES: Determining how to share revenue could be a stumbling block in NHL CBA negotiations.

SPECTOR’S NOTE: In my opinion, it’s the only significant one. None of the other notable issues – free agency, contract lengths, arbitration – are deal breakers. It’s determining the players share, and how the league distributes its share, which will determine if the upcoming season starts on time.

KUKLA’S KORNER/NBC SPORTS PRO HOCKEY TALK: cited reports from Switzerland and Sweden regarding the potential lockout plans of Joe Thornton, Rick Nash and the Sedin Twins. Thornton and Nash apparently have plans to join Swiss team HC Davos – for whom they played during the 2004-05 lockout – while the Sedins plan on staying in Vancouver, but could join MODO of the Swedish Elite League if the lockout should last longer than anticipated.

SPECTOR’S NOTE: Expect more NHL players to start making lockout contingency plans in the coming weeks. It only makes sense.

NBC SPORT PRO HOCKEY TALK: cited a report by Adrian Dater of the Denver Post, who puts the chances of Colorado Avalanche center Ryan O’Reilly staging a contract holdout at one percent.

SPECTOR’S NOTE: Considering there could be another NHL lockout this fall, a contract holdout by any player would be pointless.