Owners are making an effort there. This is a 6 years proposal. We would see the league and the players split revenues 50-50 for the.final 3 years of the deal. It is a big step in the right direction.
Nontheless, wih this new proposal, NHL's salary cap would be drastically and immediately reduced. A $12 Millions cut from $70 Millions to $58 Millions. That number would rise again then, approximately around $2 Millions per season until 2018.
A reduction is a surprise but it's not something coming out of nowhere. A few weeks ago, even someone like myself heard about this possibility. Still, a $58 Million salary cap would put some teams in trouble. Bruins, Wild (lol), Canucks, Flames and Flyers (re-lol) especially. On the other hand a few teams are looking in a great shape. Don't be surprised, with a $56 Millions salary-cap the Devils would fit in that new proposal perfectly.
Lou has stated numerous times he's never been bothered by the supposed "Devils bankruptcy". He signed players, made trades when he wanted to. And reading from The NYPost how the Devils were in a financial mess but still active on the trading market last season (Poni, Foster then Zidlicky) was kind of funny. Maybe the Devils weren't that active during the off-season for good reasons you know ?
Today it seems logical that decreasing the salary-cap is a must do.
If you ask me, Lou Lamoriello knew it. Old fox worked his magic again