NHL Labor Talks Continue This Week
MILTON, Ontario (AP) — The NHL and the NHL Players’ Association are set for another round of negotiations this week with the hope of establishing a new collective bargaining agreement before the current one expires on Sept. 15.
Executive Director Donald Fehr says owners “have pointed us in a direction of some very tough hills to climb,” with three days of talks set to begin Tuesday in Toronto. Fehr says the NHLPA is not yet prepared to make a counteroffer to the owners’ initial proposal.
Fehr says the players will make their offer, “when we’re ready.”
There were multiple reports coming out of the last round of talks that the owners’ offer included players’ hockey-related revenues get slashed from 57 percent to 46 percent. It also was reported that players would be forced to wait 10 years before becoming unrestricted free agents and that contracts would be limited to five years.
“We’ve asked for a bunch of additional financial information,” Fehr said at an NHLPA charity golf tournament at Milton, Ontario. “They’ve indicated that the preparation is in progress and we’ll need to review that before we come to any final conclusions.”
The owners want to cap salaries and shorten years of a deal, but that didn’t stop the Philadelphia Flyers from signing Nashville Predators defenseman Shea Weber to a staggering 14-year offer sheet worth $110 million last week.