Oh good, now pensions are an issue in CBA negotiations

19 Comments

Throw another contentious issue on the pile that already includes maximum contract lengths and the length of a new CBA between the NHL and NHLPA.

Yahoo!’s Nick Cotsonikas reports that owners were incensed Wednesday after the union became fixated on pensions. According to the NHL, it was yet another example of the players’ priorities acting as a “moving target.”

Now, to be fair, it sounds like there was good reason for the players to turn their attention to the matter of pensions – yesterday, the owners tied it to the “make-whole” provision the two sides have been fighting over.

From the CBC’s Elliotte Friedman:

With “make-whole,” there were reports last night (one of them mine) that the NHL upped its offer from $211 million to $300 million. That’s closer to the NHLPA’s last known request of $393 million. But later, there was a catch — that $50 million of it would be for pension funding. That’s a tricky one and sure to annoy the players.

Due to differing pension laws in the United States and Canada, players based in the U.S. can receive approximately $20,000 more per year in tax-free contributions from their clubs. It’s a nice little selling point for the American squads because if you play north of the 49th, you lose a good chunk of that difference to taxes. Not every player is a multi-millionaire, so that future protection really means something.

Big picture, this is the same argument the two sides have been having with regards to “honoring” current contracts that will be affected when the players’ share of hockey-related revenue is cut from 57 percent to 50. The NHL wants to make up the difference later, the players want it sooner. They’ve inched closer this week, but they’re not there yet.

‘A good start’ — Stamkos stands out in preseason debut

Getty
Leave a comment

The Tampa Bay Lightning and National Hockey League unveiled the 2018 All-Star Game logo Friday.

Far more importantly for the Bolts this evening was the return of their all-star center Steven Stamkos, as he made his preseason debut in what was his first game in 10 months.

His 2016-17 season was abruptly ended in the middle of November because of a knee injury and subsequent surgery, making it the second time in four years his regular season had been disrupted by a major injury.

It may still take a while before Stamkos feels truly comfortable coming back from this injury.But his performance on Friday proved to be a very promising start for No. 91, the Bolts and their fans in Tampa Bay.

He didn’t score, but he assisted on two first period goals, including a nice set-up to linemate Nikita Kucherov, and the Lightning beat the Nashville Predators by a score of 3-1. Stamkos also received a healthy dose of ice time, playing more than 19 minutes, including 5:32 on the power play.

His pass to Kucherov resulted in a power play goal.

“It was exciting to get out there, I was pretty anxious about it… It was a good start, something to build on,” said Stamkos afterward, per the Lightning. “It was nice to just go through a game day, I haven’t done it in a long time… I was glad with how the first one went.”

Golden Knights assign 2017 first-round picks Glass, Suzuki to junior

Getty
Leave a comment

The Vegas Golden Knights continue to make roster moves during their inaugural training camp.

On Friday, the expansion club assigned four players to junior. That includes 2017 first-round picks Cody Glass of the Portland Winterhawks and Nick Suzuki of the Owen Sound Attack.

The Golden Knights made franchise history by taking Glass with the sixth overall pick and then selected Suzuki at 13th overall. Both players appeared in two preseason games for Vegas, each recording two points in the exhibition opener versus the Vancouver Canucks.

“Nobody is going to rush (the rookies), that’s for sure,” Golden Knights coach Gerard Gallant told the Las Vegas Sun following the club’s 9-4 win over Vancouver on Sunday.

“We are in a position where we want to make sure they are ready to play. They are going to be good players when they’re healthy and strong enough to play in the league.”

Vegas has all three 2017 first-round picks — Glass, Suzuki and Erik Brannstrom — signed to three-year entry-level contracts.

Mitchell signed PTO with Blue Jackets — shortly after getting cut by Blackhawks

AP
Leave a comment

When the Chicago Blackhawks announced their roster moves yesterday, John Mitchell was among the cuts.

His professional tryout with the Blackhawks had come to an end, as it did for veterans Mark Stuart and Drew Miller.

It can be an uphill battle to make an NHL roster for veterans on professional tryouts. But for Mitchell, he quickly received another opportunity to attend a camp and try to land a spot, signing a PTO with the Columbus Blue Jackets.

Mitchell, 32, has appeared in 548 NHL regular season games with 70 goals and 177 points.

Meanwhile, the Blue Jackets are still without forward and restricted free agent Josh Anderson, as the two sides are stuck in a contract impasse right now. It was reported on Thursday that his representatives have been in contact with Hockey Canada about the 2018 Olympics.

Calgary mayor: ‘Errors of omission’ in Flames arena proposal

Getty
4 Comments

On Thursday, the Calgary Flames released a report claiming they were prepared to contribute $275 million for a new arena, with additional funding — in the ball park of $225 million — from a Community Revitalization Levy.

On Friday, Calgary Mayor Naheed Nenshi responded to the proposal and the events of yesterday.

“I wouldn’t say dishonesty. I would, however, say that there are perhaps some errors of omission,” Nenshi told reporters, according to Global Calgary, when asked if there had been a level of dishonesty from the Flames with their proposal.

The Flames not only released a report with financial details to their website, but they also took out ads in local newspapers. Nenshi took issue with the details the Flames released yesterday.

“What was in that ad was not actually what the last deal on the table with the city was,” he said.

“For example, yesterday you saw that the Flames’ owners are claiming that they’re putting $275 million up front. Makes it sound like a (check) is being put on the table. Certainly that has not been discussed. That would’ve really changed things had that been the discussion.

“The discussion, the last I saw, was the Flames were putting $100 million in and the rest would be a ticket tax, which they wanted the city to take out, to get for and to front. I’m not quite sure how that equals the Flames putting in money up front.”

Yesterday, the Flames added in their report that, after two years of discussions with the city about a new arena, they will no longer pursue a new arena in Calgary.

The Flames currently play at the Saddledome, which is now 34 years old.