Tuesday, February 15, 2005

Last chance for hockey?

The league bumped its salary-cap proposal from $40 million to $42.5 million and gave the union until 11 a.m. Wednesday to accept. If it is rejected, the season would be canceled two hours later, according to a letter sent by commissioner Gary Bettman to players' association executive director Bob Goodenow.

'This offer is not an invitation to begin negotiations -- it's too late for that,' Bettman said in the letter obtained by The Associated Press. 'This is our last effort to make a deal that's fair to the players and one that the clubs (hopefully) can afford. We have no more flexibility and there is no time for further negotiation.'


Update:

The NHL made a take-it-or-leave-it pitch of a $42.5 million cap to the players' association Tuesday night, just hours before hockey was set to be canceled altogether. But the union responded with a counteroffer of a $49 million salary cap that was rejected by the league.
Even if they can get an agreement, the regular season will only be 28 games long with a full playoff setup. The intensity will be amazing. /crosses fingers.

Update: See you next year...maybe.

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