NFL Reopens Investigation Into Giants' Josh Brown Sources: NBA, NBPA On Verge Of New CBA Heritage Classic A Big Payoff For NHL Jets Manfred Expects Domestic Violence Policy To Evolve Islanders' John Tavares Endorsing Vita Coco Roger Goodell Addresses Dip In NFL Ratings MLB To Get New Midtown Manhattan HQ PGA Tour Implements New Scheduling Rule Silver Wants '19 All-Star Game In Charlotte Layoffs Hit UFC In Wake Of WME-IMG Purchase
SBD/July 6, 2012/Leagues and Governing Bodies
NHL, NHLPA Hold Second Negotiating Session; Contracts, Signing Bonuses To Be Hot Topic
Published July 6, 2012
DOLLARS AND SENSE: In San Jose, David Pollak writes monster NHL contracts similar to those that free agents LW Zach Parise and D Ryan Suter signed with the Wild this week "underscore an issue that could stand between players and owners as they try to hammer out a new labor agreement this summer." Some franchises claim that those contracts -- with "huge signing bonuses up front and small money on the back end -- circumvent the intent of the salary cap." Closing what "some see as a major loophole is one of the many issues to be resolved before the Sept. 15 expiration of the current labor agreement" (SAN JOSE MERCURY NEWS, 7/6). In Buffalo, Bucky Gleason wrote the "same owners who are expected to seek a large percentage in NHL revenue or take away guaranteed contracts are the ones signing fictional contracts front-loaded with ridiculous money." It needs to "be addressed in negotiations for a new collective bargaining agreement." The list is "long and laughable considering owners are circumventing the spirit on an agreement designed to save them from themselves" (BUFFALO NEWS, 7/5).