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KamaAina

(78,249 posts)
Fri Sep 14, 2012, 01:56 PM Sep 2012

This may be the year the Sharks don't choke

because the NHL owners are preparing for another sport-destroying lockout.

http://news.yahoo.com/nhl-lockout-know-162929731--nhl.html

Q: WHY IS THIS THE NHL HAVING LABOR ISSUES?

A: At its core, this is a dispute over money.

The league's labor contract, agreed to seven years ago, expires at midnight EDT Saturday night. Having gained a salary cap in the current collective bargaining agreement, NHL owners want additional economic concessions from players. Players currently receive 57 percent of hockey-related revenue, and the owners want to bring that number down as far as perhaps 47 percent. The union offered a deal based on actual dollars, seeking a guarantee of the $1.8 billion players received last season.

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