kenabnrmal said:
Remind me what #7 is, please.
Here it is:
7. Indexing of Tax Rates and Payroll Minimums & Maximums All dollar amounts would be in place for 2004-05 (pro-rated) and 2005-06. Dollar levels for tax rates, payroll minimums & maximums for subsequent years either constant or increased by % change in greater of either hockey related revenues or only the gate receipts and broadcasting segments of hockey related revenues from the 2005-06 base year.
It says, if league revenues go up, the cap goes up.
We all thought the PA didn't want linkage, but, from this we see that they only want linkage if revenues go up.
They want 0 risk and all reward.
Sorry, if the PA wants to be partners they have to be partners in good times and bad. They have to take the risks if they want the rewards.