Truth & Rumors > NHL

Owners budged nearly $90M

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08:16 AM ET 12.06 | By most accounts, lockout negotiations took a turn into a very delicate area on Wednesday as the season hung in the balance. The NHLPA will meet internally Thursday morning, with both sides slated to resume talks at some point afterward. Earlier Wednesday, the sides exchanged "proposals," multiple sources confirmed to ESPNNewYork.com. ... Contract term limits were part of each side's respective proposal during the afternoon, a source told ESPNNewYork.com. A source told ESPN.com that the NHL offered to raise the amount of the "Make Whole" provision, one of the key bargaining points in negotiations, to $300 million in total, up from $211 million in its last offer.

ESPN.com

Gary Bettman, Getty Images Gary Bettman, Getty Images
December 6, 2012  08:28 AM ET

What is 90M out of billions?

December 6, 2012  08:50 AM ET
QUOTE(#1):

What is 90M out of billions?

Four beers at the ACC?

December 6, 2012  08:51 AM ET
QUOTE(#1):

What is 90M out of billions?

I agree. Not really enough to buy a happy meal is it? But, it's about 2.73% of the total 3.3 billion in revenue which continues to be reported. Beer money at the ACC.

December 6, 2012  08:53 AM ET
QUOTE(#3):

I agree. Not really enough to buy a happy meal is it? But, it's about 2.73% of the total 3.3 billion in revenue which continues to be reported. Beer money at the ACC.

Dont forget the prune juice this morning. It will keep you regular.

December 6, 2012  09:06 AM ET
QUOTE(#2):

Four beers at the ACC?

Ahhh...............great minds. :)

December 6, 2012  09:07 AM ET
QUOTE(#4):

Dont forget the prune juice this morning. It will keep you regular.

Reading about these "negotiations" will move your bowels too. :)

Comment #7 has been removed
December 6, 2012  09:31 AM ET
QUOTE(#6):

Reading about these "negotiations" will move your bowels too. :)

I'm not sure how Slappy. Everybody involved seems to be full of s hit. ;-)

December 6, 2012  09:32 AM ET
QUOTE(#5):

Ahhh...............great minds. :)

Roses on the Piano?

December 6, 2012  09:33 AM ET
QUOTE(#7):

Patrick Kane's invoice from Johnny Walker Distillery.

Scotch (even blended) is probably far to classy for this ****.

December 6, 2012  09:34 AM ET

**** = your choice.

December 6, 2012  09:38 AM ET
QUOTE(#1):

What is 90M out of billions?

money owed to Luongo, Redden and Scott Gomez for next season?

December 6, 2012  09:40 AM ET
QUOTE(#8):

I'm not sure how Slappy. Everybody involved seems to be full of s hit. ;-)

to paraphrase a great Cristopher Hitchens quote;
"They are so full of it, that if you gave Bettman and and Fehr an enema, you could bury both of them in a matchbox"

December 6, 2012  09:49 AM ET
QUOTE(#13):

to paraphrase a great Cristopher Hitchens quote;"They are so full of it, that if you gave Bettman and and Fehr an enema, you could bury both of them in a matchbox"

Beautiful ! Poop eventually decomposes and biodegrades. Lets hope both of these Fellows do the same once a deal is done.

December 6, 2012  09:50 AM ET
QUOTE(#3):

I agree. Not really enough to buy a happy meal is it? But, it's about 2.73% of the total 3.3 billion in revenue which continues to be reported. Beer money at the ACC.

But it is a more significant percentage of the team's reported income

December 6, 2012  10:01 AM ET
QUOTE(#15):

But it is a more significant percentage of the team's reported income

I believe Forbes reported the aggregate Operating Income of all the NHL teams is around $250M -- Ergo a $90M concession is a 36% concession (compared to 2012). Granted, it is a smaller concession weighed against the 2013 proposal by the owners

Comment #17 has been removed
December 6, 2012  10:09 AM ET

I love it when $90 million is viewed as chump change.....

December 6, 2012  10:14 AM ET
QUOTE(#18):

I love it when $90 million is viewed as chump change.....

$90 million is chump change when you boast about the billions in revenue you have brought in

 
December 6, 2012  10:16 AM ET
QUOTE(#16):

I believe Forbes reported the aggregate Operating Income of all the NHL teams is around $250M -- Ergo a $90M concession is a 36% concession (compared to 2012). Granted, it is a smaller concession weighed against the 2013 proposal by the owners

You are right. My comment was concerning REVENUE. Many players and a few folks in the general public apparently consider revenue as operating income..............or even after tax profit.

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