What’s at stake as NHL and NHLPA begin collective bargaining agreement talks?

Emily Kaplan, ESPNNov 4, 2024, 07:55 AM ET

CloseEmily Kaplan is ESPN’s national NHL reporter.

As the NHL and NHLPA enter the penultimate season under its collective bargaining agreement, there’s a new tone emanating from both sides: optimism.

For a league that has experienced three lockouts over the last 30 years, it’s a welcome change. The NHL and NHLPA last negotiated a CBA in 2020 — amid the COVID shutdown, when discussions were bundled with return-to-play protocols. Financials were bleak, especially for a sport quite dependent on gate revenue. In an unprecedented climate, both sides collaborated for solutions. Four years later, they all rebounded in a big way. Revenue hit a record $6.2 billion last season, as the league also set new marks in attendance and saw a spike in sponsorship revenue, thanks to evolving attitudes on sports betting, helmet decals and showcasing individual players’ personalities.

In Sportico’s recent valuations, the average NHL franchise is worth $1.79 billion — a 37 percent increase in just one year.

Last month at a Board of Governors’ meeting, NHL commissioner Gary Bettman said he’d like to start (and hopefully end) CBA negotiations early, saying “in terms of the relationship, we think we’re in a good place.”

The NHLPA’s new executive director, Marty Walsh, is equally positive these days. “Myself and Gary Batman have had very open conversations about how this potentially could be laid out,” Walsh told ESPN in a recent interview. “Going in with an open mind, with open dialogue is how I’ve always approached collective bargaining.”

Both sides are motivated to continue momentum. And sources on both sides suggested that if a deal was reached as soon as this spring, there would likely be few changes to the overall structure, just tweaks. But from a player’s perspective, there’s only so often you can ask your boss to re-open your contract and hope to change the terms. So what exactly would they like to achieve?

Walsh agreed to an interview, but…


Source link : https://www.espn.com/nhl/story/_/id/42175769/nhl-nhlpa-collective-bargaining-agreement-key-debates-schedule-revenue-olympics

Author : Emily Kaplan

Publish date : 2024-11-04 13:03:49

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