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NHL rejects $52M US salary cap offer: report
by flynn23 at 9:12 am EST, Feb 15, 2005

] In a surprising development, the NHL Players' Association
] offered the NHL a deal that included a $52-million US
] salary cap. But it was rejected, The Canadian Press has
] learned.

Holy crap!

RE: NHL rejects $52M US salary cap offer: report
by IconoclasT at 6:58 pm EST, Feb 15, 2005

flynn23 wrote:
] ] In a surprising development, the NHL Players' Association
] ] offered the NHL a deal that included a $52-million US
] ] salary cap. But it was rejected, The Canadian Press has
] ] learned.
]
] Holy crap!

FOOLS! I read before the lockout that player salaries accounted for an average of 75% of NHL revenues. NHL Hockey is just another seasonal business and if it can't make a profit, it will cease to be in business. Maybe this will have a slight domino effect and help reign all professional sports into line. Nahh. Doubt it.