
Originally Posted by
keyTOarson
The "players paying players" is slanted rhetoric from the PA camp. The money doesn't physically come out of one player's pocket and is then deposited into another player's pocket. The example I used in my previous post is pretty simplistic, but it covers the general idea. NHL teams have to spend a finite amount of money each year on player salaries. When you have a superstar that gets a raise from $6 million to $7 million a year, there is going to be less money in the market to spend on complimentary players.
The NHL's proposal is no different. The players still get the full value of their contract, but it's paid out in segmented deferrals. The "players paying players" rhetoric comes from the fact that the deferral money each year leaves less of the "pie" to be paid out to other players. Admittedly, I was not the one to do the math, but one poster on Hockey's Future did an amazing job of breaking down how the players' third offer compares to the NHL's latest offer with regards to the Kings. Basically, under the NHL proposal the Kings would have $22 million in cap space next season, minus $5 million in deferrals from this season (assuming this season happens). In sum, the Kings would have $17 million in cap space next year. Under the PA's infamous third proposal, the Kings would have $14 million in cap space next year. Obviously the deferrals hurt the players who are becoming free agents in the next year or two (which is over 50% of the union, ironically enough) as there will be less available to them in the market, but the players' third proposal actually leaves less money available for future free agents.
The NHLPA may claim it is looking out for the future interests of all its members, but the underlying evidence shows they're more concerned about the here and now instead of their future security.