Poll: Majority Of Americans Still Watching NFL Goodell To Meet With Media Friday Afternoon New MLS Logo Gets Mixed Reactions Avalanche To Substantially Increase Payroll NHL Media Notes NFL's Crisis Continues With Cardinals RB's Arrest Detroit Approves $450M For Arena Bonds NHL Panthers Vow To Stay In South Florida Goodell Called Out For Silence Amid Scandals NHL Decides Against Selling Jersey Ads
Upcoming Conferences and Events
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).