NHL proposes five-year max length for contracts

28 Comments

In addition to the NHL offering the players  a 50-50 split of hockey-related revenue in the league’s latest CBA proposal, here are some other details of the offer, via Sportsnet’s John Shannon:

[tweet https://twitter.com/JSportsnet/status/258258238762536960%5D

In the last CBA, players were allowed to sign so-called “lifetime” contracts. Ilya Kovalchuk, for example, was given a 15-year deal by the Devils. Also of note, five years is the maximum contract length under the NBA’s new CBA.

[tweet https://twitter.com/JSportsnet/status/258257869567303680%5D

Free agency previously started at 27 and seven, respectively.

[tweet https://twitter.com/JSportsnet/status/258258011699679235%5D

In the last CBA, ELC’s were three years.

Correction:

[tweet https://twitter.com/JSportsnet/status/258274777523949568%5D

———-

[tweet https://twitter.com/JSportsnet/status/258258143832862720%5D

Previous estimates had total revenue sharing between large-market and small-market teams around $150 million.

[tweet https://twitter.com/JSportsnet/status/258258319704199168%5D

Owners would prefer no arbitration.

[tweet https://twitter.com/JSportsnet/status/258265823557328896%5D

If accepted, will be known as the “Wade Redden rule.”