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HOCKEY NEWS REPORTS NHLPA FILES GRIEVANCE OVER "CAP" PLAN
Published December 16, 1997
There's a "battle brewing" between the NHL and the
NHLPA "over the continuance of the Canadian Assistance Plan
(CAP)," according to Bob McKenzie of the HOCKEY NEWS. The
NHLPA has field a grievance with the NHL "against the CAP,
effectively challenging the legality of it." McKenzie
reports the move "apparently prevented NHL governors" from
formally approving the CAP for another year at the meetings
earlier this month in FL. McKenzie: "Instead, the governors
'recommended' its continuance, recognizing its future hinges
on the outcome of an arbitration hearing." The CAP is a
two-part revenue-sharing plan offering financial aid and
incentives to "small-market" Canadian teams. One element
gives Canadian teams "certain breaks when they're forced to
match a free-agent offer sheet in U.S. dollars." The NHLPA
declined comment while the NHL "simply confirmed an NHLPA
grievance had been filed" (HOCKEY NEWS, 12/19 issue).




