Fehr and players

Report: “Make Whole” to be discussed today


CBA negotiations between the NHL and NHLPA are expected to resume sometime later this afternoon in New York, with the focus of the discussions reportedly on the so-called “make whole” provision.

The “make whole” provision was first introduced in mid-October when the league made its 50-50 offer to the union. It was intended to satisfy the players’ demands that all current contracts be paid out in full under a new CBA.

The NHL explained it this way:

The League proposes to make Players “whole” for the absolute reduction in Players’ Share dollars (when compared to 2011/12) that is attributable to the economic terms of the new CBA (the “Share Reduction”). Using an assumed year-over-year growth rate of 5% for League-wide revenues, the new CBA could result in shortfalls from the current level of Players’ Share dollars ($1.883 Billion in 2011/12) of up to $149 million in Year 1 and up to $62 million in Year 2, for which Players will be “made whole.” (By Year 3 of the new CBA, Players’ Share dollars should exceed the current level ($1.883 Billion for 2011/12) and no “make whole” will be required.) Any such “shortfalls” in Years 1 and 2 of the new CBA will be computed as a percentage reduction off of the Player’s stated contractual compensation, and will be repaid to the Player as a Deferred Compensation benefit spread over the remaining future years of the Player’s SPC (or if he has no remaining years, in the year following the expiration of his SPC). Player reimbursement for the Share Reduction will be accrued and paid for by the League, and will be chargeable against Players’ Share amounts in future years as Preliminary Benefits. The objective would be to honor all existing SPCs by restoring their “value” on the basis of the now existing level of Players’ Share dollars.

The problem the players had with the proposal is that future reimbursement was to be chargeable against the players’ share of revenue, meaning players would essentially be paying players to make it work.

Last week, however, it was reported that the league was willing to absorb some or all of the reimbursement. Which brings us to today, when the NHL will presumably explain its plan to the NHLPA.

The Globe and Mail’s James Mirtle has a good breakdown of the “make whole” provision, if you’re a big fan of math.

Kassian sent to hospital after being involved in car accident

Scott Darling, Zack Kassian

Montreal Canadiens winger Zack Kassian was involved in a car accident early Sunday morning.

According to the Montreal Gazette, Kassian was a passenger in the vehicle that crashed into a tree.

The SUV was being driven by a 20-year-old female at the time of the accident.

Montreal police confirmed that speed didn’t play a factor in the collision, but alcohol may have.

The Canadiens have since confirmed the incident took place and have also mentioned that Kassian was taken to hospital.

A club official described his injuries as being “minor”.

“(Kassian) was all bloodied up and stuff. He was in a daze,” said Steve Petrenko, a resident of the street on which the accident took place. “He had a hard time walking, and he almost took a fall.”

This story will be updated when more information is made available.

Habs and Fleischmann agree on one-year deal

Tomas Fleischmann,
1 Comment

The Montreal Canadiens announced that they have signed Tomas Fleischmann to a one-year contract.

According to TVA Sports, the deal is worth $750,000.

The 31-year-old was invited to camp on a professional tryout, but his preseason performance showed that he could still contribute at the NHL level.

Fleischmann found instant chemistry with new linemates David Desharnais and Dale Weise, and it looks like the trio will open the regular season as Montreal’s third line.

The veteran winger started  last season with Florida, but was traded to Anaheim on Feb. 28. He had a hard time cracking the Duck’s lineup and was a healthy scratch in most of their playoff games last spring.

Fleischmann scored eight goals and 27 points in 66 games last season.