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Bill Daly’s statement

Posted By On October 18, 2012 @ 7:54 pm In Hockey,New York Rangers,NHL | 56 Comments

From the NHL:

DEPUTY COMMISSIONER BILL DALY STATEMENT REGARDING THE THIRD UNION PROPOSAL

TORONTO (October 18, 2012) — Bill Daly, Deputy Commissioner of the National Hockey League, released the following statement regarding the third Union proposal:

“The so called 50-50 deal, plus honoring current contracts proposed by the NHL Players’ Association earlier today is being misrepresented. It is not a 50-50 deal. It is, most likely a 56- to 57-percent deal in Year One and never gets to 50 percent during the proposed five-year term of the agreement. The proposal contemplates paying the Players approximately $650 million outside of the Players’ Share. In effect, the Union is proposing to change the accounting rules to be able to say ‘50-50,’ when in reality it is not. The Union told us that they had not yet ‘run the numbers.’ We did.”

 


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