2012 NHL Lockout: The NHL's Proposed Payroll Range Calculation
By now I'm sure you've heard that the NHL has tabled a new CBA offer to the NHLPA, followed by a public release of the offer as well as a threat to pull it away if the NHLPA does not accept it. While the threatened walk-away is doubtful and an obvious negotiating ploy, the fact remains that the two sides are (slowly) coming together to craft a deal.
While the offer is obviously multifaceted, there are a number of glaring issues that many have picked up on, including the "make-whole" provision, which honors existing contracts by making payments to players further down the line. While, on a personal level, owning up to agreements that were freely and fairly entered into without duress or extreme changed circumstances is important to me, this provision is unfair. Although players now would be entitled to their entire salary as agreed-upon, it comes at the expense of players who may not have even entered the league because those later payments come out of the players' share in future years. Therefore, it really isn't the owners that are paying for the make-whole provision, it is future players.