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The makeover of the NHL salary cap will be problematic
Regarding Returning to Play:
1. There will be two subgroups that will benefit if the NHLPA ratifies a renegotiated and renewed bargaining agreement, which will be presented to the union for ratification as part of a comprehensive return package that will include hub-city locations and health-related coronavirus protocols. / safety for the Stanley Cup training camp and tournament.
And they are: 1) Owners who don’t really care if each team wins; and, 2) Players with long-term contracts who don’t really care if each team wins.
2. Because a flat cap at $ 81.5 million today for the next two or three years (there is talk of a $ 1 million cap increase in Year 3) will strangle competitors who have historically spent the upper ceiling, and must compete with unlimited arbitration and free agents without delay without stable luxury, even if moderate, increasing shopping space. The bottom line: hats increased from $ 73 million in 2016-17 to $ 81.5 million over the next three seasons, jumped 11, 64 percent.
Less cover space not only means less space to add players, but also less to maintain them. The team will be forced to make a purchase. (Sources have told The Post that amnesty purchases are hardly, if at all, part of the conversation). More players will be banished to the free agent market. The team will offer fewer long-term offers. Thus, there will be more arbitration hearings and more players in the market.
Adopting a flat hat will reduce escrow, but players can do it anytime by narrowing the band and adjusting the ceiling, say 5 percent above the midpoint rather than the current 15 percent. Delaying 10 percent of their salaries next season will also make it easier for escrow, with money to be paid after the new NHL media rights agreement also reduces the burden.
And although a flat hat will benefit men in a long-term deal, players who come with free rights over the next three seasons constitute a large majority of union membership. Indeed, 572 players are currently eligible to reach free agents during the next three offseason, 335 are not restricted and 144 are eligible for arbitration. (I counted using Capfriendly.com data. If there is an error, it’s mine and not the website.)
Thirteen teams were spent closing (or more, using long-term injury exceptions) for 2019-20, with the other six coming within $ 2 million from the limit. With a flat hat, where will all the free agents go?
Or will we only see an acceleration into the caste system where the roster will consist of one percent of hockey players, entry level players and minimum wage workers?
3. Nobody knows about 2020-21 income. So the NHL admitted it had to violate its principle of linking hats with revenue, because if it was held, next season’s hats could be as low as $ 63 million with a cap of 2021-22 with what, $ 30 million? So what? The team cannot make a game’s full name.
So they have arrived at the split-the-baby option to maintain the current hat while limiting escrow to give players more time to pay off their debts this season and to keep them from facing difficult situations that are indescribable in the two years per CBA now .
4. But what should be done by both parties is to negotiate the termination of the hard-cap system and move to soft cap. The soft cap will be $ 63 million (or whatever the calculations are) with the team being allowed to spend, say, up to $ 83 million on a one-plus-one luxury tax. Escrow will stop at a soft hat. For every dollar spent above that, the team will donate a second dollar for revenue sharing.
It will end 50-50, yes, but as I have said for almost two decades, gross percentage is a fake concept. The team does not pool their income or salary / expenses. There is no room for 50-50 if it inhibits growth, as it will. NHL will stagnate. Luxury tax will function as a stimulus.
5. The NHL has approached this as if it has all the time in the world, and it happens, but no longer. The deadline is nearing if the training camp will indeed open July 19. The players will have 48-72 hours to munch on the many packages and choose. Both sides hope the vote can end on the weekend.
6. The rise of the virus in most of this country (Who would have guessed?) NHL retreats from Vegas as a central city. Chicago is believed to be still running, but it is very likely that tournaments – if played – will be staged in Toronto and Edmonton.
If the two hub cities were in Canada, it would create significant savings for NHL around 28 cents. The league takes all team costs in place.
7. If an agreement is reached, then it is a concern about keeping players and personnel officers safe and sound. If membership – which seems less divided than uncertain – votes on the proposal, the tournament will be in considerable danger.
What’s more, there is the prospect of being cold between the sides which leads to depression the next two seasons before the lockout. In other words, even more good time.
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Portuguese historical films will premiere on 29 December.
Method Media Bermuda will present the documentary FABRIC: Portuguese History in Bermuda on Thursday, December 29 at the Underwater Research Institute of Bermuda.
A spokesperson said: “Method Media is proud to bring Bermuda Fabric: Portugal History to Bermuda for its 5th and 6th showing at the Bermuda Underwater Observatory. In November and December 2019, Cloth: A Portuguese Story in Bermuda had four sold-out screenings. Now that Bermuda has reopened after the pandemic, it’s time to bring the film back for at least two screenings.
“There are tickets Ptix.bm For $ 20 – sessions at 15:30 and 18:00. Both screenings will be followed by a short Q&A session.
Director and producer Milton Raboso says, “FABRIC is a definitive account of the Portuguese community in Bermuda and its 151 years of history, but it also places Bermuda, Acors and Portugal in the world history and the events that have fueled those 151 years.
“It took more than 10 years to implement FABRIC. The film was supported by the Minister of Culture, the Government of the Azores and private donors.
“Bermuda Media Method [MMB] Created in 2011 by producer Milton Raposo. MMB has created content for a wide range of clients: Bermuda’s new hospital renovation, reinsurance, travel campaigns, international sports and more. MMB pays special attention to artistic, cultural and historical content.
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CRISTANO RONALDO CAN MAKE UP A GIANT IN CARIOCA AND PORTUGUESE TECHNICIAN SAYS ‘There will be room’
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Maestro de Braga is the first Portuguese in the National Symphony Orchestra of Cuba.
Maestro Filipe Cunha, Artistic Director of the Philharmonic Orchestra of Braga, has been invited to conduct the Cuban National Symphony Orchestra, as announced today.
According to a statement sent by O MINHO, “he will be the first Portuguese conductor to conduct this orchestra in its entire history.”
In addition to this orchestra, the maestro will also work with the Lyceo Mozarteum de la Habana Symphony Orchestra.
The concerts will take place on 4 and 12 March 2023 at the National Theater of Cuba in Havana.
In the words of the maestro, quoted in the statement, “these will be very beautiful concerts with difficult but very complex pieces” and therefore he feels “very motivated”.
From the very beginning, Rachmaninoff’s Piano Concerto No. 2 will be performed by an Italian pianist (Luigi Borzillo), whom the maestro wants to bring to Portugal later this year. In the same concert, Mendelshon’s First Symphony will be performed.
Then, at the second concert, in the company of the Mexican clarinetist Angel Zedillo, he will perform the Louis Sfora Concerto No. 2. In this concert, the maestro also conducts Tchaikovsky’s Fifth Symphony.
“This is an international recognition of my work. An invitation that I accept with humility and great responsibility. I was surprised to learn that I would be the first Portuguese member of the Cuban National Symphony Orchestra. This is a very great honor,” the maestro said in a statement.
“I take with me the name of the city of Braga and Portugal with all the responsibility that goes with it, and I hope to do a good job there, leaving a good image and putting on great concerts. These will be very special concerts because, in addition to performing pieces that I love, especially Rachmaninov and Tchaikovsky, I will be directing two wonderful soloists who are also my friends. It will be very beautiful,” concludes Filipe Cunha.
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