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:
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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.
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Free agency previously started at 27 and seven, respectively.
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In the last CBA, ELC’s were three years.
Correction:
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Previous estimates had total revenue sharing between large-market and small-market teams around $150 million.
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Owners would prefer no arbitration.
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If accepted, will be known as the “Wade Redden rule.”