TOP THINGS TO KNOW
1. The NHL’s collective bargaining agreement will expire at 11:59 p.m. ET Sept. 15. If a new agreement is not reached, a lockout will begin Sept. 16.
2. The first 2012-13 regular-season games are scheduled for Oct. 11, the latest October start since 1984.
3. This would be the fourth work stoppage in league history.
4. In 2003-04, the season before the previous lockout (which wiped out the entire season), the NHL made $2.2 billion in revenue. Last season, the NHL made a record $3.3 billion.
PREVIOUS NHL WORK STOPPAGES
>> Entire season canceled
SEASON STANLEY CUP NOT AWARDED
2004-05, Lockout (season canceled)
1918-19, Flu epidemic (Montreal’s Joe Hall dies)
RECENT NFL/NBA LABOR DEALS
* The NFL and NBA each reached new labor deals in 2011, both for 10 years in length.
* NBA player salaries from total revenue will be 49 to 51 percent <<
* NFL players salaries from total revenue will be 47 to 48.5 percent
>> Players or owners can opt out after six years
THE NHL-NHLPA PROPOSALS
The owners' latest offer Wednesday raised the percentage of hockey-related revenue given to players. Initially, the NHL sought to drop the number from the current 57 percent to 43 percent.
PROJECTED SALARY CAPS
2012-13 58.0 (fixed)
2013-14 60.0 (fixed)
2014-15 62.0 (fixed)
2015-16 64.2 (projected)
2016-17 67.6 (projected)
2017-18 71.1 (projected)
>> In millions
According to ESPN.com’s Pierre LeBrun, here’s the breakdown of what the NHLPA is offering the owners:
FIRST THREE YEARS OF PROPOSED AGREEMENT
* Total payroll is fixed at $1.91 billion in Year 1; $1.98 billion in Year 2; and $2.1 billion in Year 3. Effectively, they are 2 percent, 4 percent and 6 percent raises.
FINAL TWO YEARS
* If revenue doesn’t adequately grow: NHL option to extend two more years at a payroll of $2.1 billion
* If revenue skyrockets: NHLPA option to extend two more years at $2.1 billion, plus 57 percent of new revenue only in years 4 and 5
If revenue falls in between, deal automatically extended two more years, as follows:
Year 4 = Year 3 share plus 54 percent of hockey-related revenue growth in Year 4
Year 5 = Year 4 share plus 54 percent of hockey-related revenue growth in Year 5
The players' offer fluctuates based on revenue growth.
Example: Based on historical revenue growth of 7.1 percent a year, the players' share would start at 54.3 percent in Year 1 and phase down to 52.3 percent in Year 5.
- Owners will lock out players if no agreement before current CBA expires at 11:59 p.m. ET Saturday
- Expiring CBA provides players with 57 percent of hockey-related revenue
- Owners' latest proposal: Six-year deal starting at 49 percent and phasing down to 47 percent
- Players' latest proposal: Five-year deal starting at 54.3 and phasing down to 52.3 >>
>> Players are seeking fixed payroll; percentages based on historical growth figures
ECONOMICS IN THE NHL
* ESPN’s sports business reporter Darren Rovell says the NHL made $2.2 billion in revenue in the season before the last lockout and has increased its revenue every season since. The NHL made a record $3.3 billion last season.
* With the lockout looming, some teams are negotiating deals with free agents. Check out ESPN The Magazine NHL writer Craig Custance’s article on the situation.
FRIVOLITIES ON NHL LOCKOUTS
* Jaromir Jagr is the ONLY player to be a part of all four NHL work stoppages.
* ESPN's Darren Rovell asked NHL fans on his Twitter page (@darrenrovell) Sept. 13 if they would come back if the league misses the upcoming season. 76.5 percent (out of 230 votes) said they would.
TOP PLAYER SALARIES
* Five players are scheduled to make at least $8.5 million in salary this coming season (not including bonuses).
Ilya Kovalchuk $11.0 $134,000
Vincent Lecavalier $10.0 $121,951
Evgeni Malkin $9.0 $109,756
Alex Ovechkin $9.0 $109,756
Eric Staal $8.5 $103,658
>> Salary in millions
Notable Restricted Free-Agent Signings
Signed through 2012-13
Years Contract <<
Taylor Hall, EDM 7 $42.0
Tyler Seguin, BOS 6 $34.5
Jordan Eberle, EDM 6 $36.0
Max Pacioretty, MTL 6 $27.0
Wayne Simmonds, PHI 6 $23.85
Kyle Turris, OTT 5 $17.5
Brad Marchand, BOS 4 $18.0
>> Salary in millions
SINCE LAST LOCKOUT
Most Regular-Season Wins
San Jose 339
New Jersey 326
Fewest Playoff Games