Feb 16
Holy cripe!! I even called him on his birthday and I forgot to post about it. And for those of you that need to know, it was Monday February 14th (aka St. Valentine’s Day).
Happy Birthday Dad!
(Sorry for the delay.)
Feb 16
It’s official. The NHL season has been canceled. The first time in history that a professional sports league in North America has cancelled an entire season because of a labor dispute.
Rumor floating around was that the owners moved their cap offer up to $44.7 million. The players obviously didn’t accept.
Following is a letter from NHL Commissioner Gary Bettman to NHL fans. My replies are in RED ITALIC.
Dear Fans:
On behalf of the 30 NHL teams, I want to say how sorry we all are that, given the very practical reality that there are not enough days available...
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Feb 16
I now have read that the owners were the ones that sparked the players’ union acceptance of a salary cap. I am not an economic or business major, but the point that the owners gave into was the linkage between player costs and revenue. I don’t understand how it works, but it was a huge step to the players to negotiate further with the premise of a cap.
The sides are still about $6.5 apart. The players since have dropped from $52 million to $49 million. The owners have only budged a fraction, going from $42 million to $42.5 million.
Hopefully they will talk some more and get something done soon. I am sure no one connected to the NHL wants to sit through another lock-out next season.
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