NHL Lockout: Bad for Players, Owners and Fans

December 1st, 2012 by Zack Lessner Leave a reply »
At 11:59 p.m. on September 15, 2012, hockey fans everywhere received the dreaded news that would potentially change their hobbies for the next eight months.

The NHL’s old collective bargaining agreement had officially expired without a clear-cut plan for a new one. The owners preceded to lock out their players since no agreement could be made.

Overall, until a new collective bargaining agreement is reached, the owners will not let their players play hockey.

Many NHL fans see the owners as the main problem in the situation since they are demanding limitations on many of the players’ rights and revenues. Cutting the revenues of a large group of players would in turn increase the money coming in to the owners.

One of the main modifications that the owners presented was a decrease of 57 percent to 46 percent in the players’ share of hockey-related revenue. Other smaller modifications include extending qualification for unrestricted free agency from seven years in the league to 10 and also setting a maximum limit of five years on all new players’ contracts.

For obvious reasons, the players strongly disagree ...

Read Full Article at Bleacher Report - NHL
Article written by


Comments are closed.