User ID
Password
  Forgot User ID
or Register Today!
VegasInsider.com
Follow Us on Facebook Follow Us on Twitter Follow Us on Google+ VI Mobile Scores and Betting Odds
Home
NFL
NBA
NHL
MLB
NCAA FB
NCAA BK
Golf
Auto
Soccer
Horses
More
Betting Tools

 
Union responds to latest NHL offer in labor talks

New Sportsbook.ag customers: Make your 1st bet, get your 2nd bet free, 100%, winnings paid in cash.
Join Now

Already have an account? Click here to view new Exclusive Rewards!

NEW YORK (AP) - The NHL players' association delivered its latest counteroffer to the league Wednesday as the two sides try to resolve the lockout.

Advertisement
That makes four offers between the sides since the NHL restarted the negotiation process Thursday with a new contract proposal. What has become a major point of contention is how a player's pension will be funded.

A small group meeting on the pension issue was held Wednesday morning before the players' association presented its latest offer to the league during a one-hour afternoon meeting. A group of players arrived at the NHL offices around 8 p.m. as the union and league prepared to meet again.

A deal can't be done without a resolution on pensions.

The league presented the players with a counteroffer Tuesday night.

The lockout has reached its 109th day, and NHL Commissioner Gary Bettman has said that the league told the union a deal needs to be in place by Jan. 11 so a 48-game season can begin eight days later. All games through Jan. 14 along with the All-Star game have been canceled, claiming more than 50 percent of the original schedule.

Wednesday night is the deadline for the players' association to declare a ``disclaimer of interest,'' which would dissolve the union and make it a trade association. That would allow players to file antitrust lawsuits against the NHL.

If the deadline passes, union members could vote again to authorize their board to file a disclaimer at a later date.

``The players retain their option and it's an internal matter,'' players' association executive director Donald Fehr said Wednesday.

The league didn't make any statements after the meeting Wednesday afternoon.

Fehr believed an agreement on a players-funded pension had been reached before talks blew up in early December. That apparently wasn't the case, or the NHL has changed its offer regarding the pension in exchange for agreeing to other things the union wanted.

The NHL proposed in its first offer Thursday that pension contributions come out of the players' share of revenues, and $50 million of the league's make-whole payment of $300 million will be allocated and set aside to fund potential underfunding liabilities of the plan at the end of the collective bargaining agreement.

Last month, the NHL agreed to raise its make-whole offer of deferred payments from $211 million to $300 million as part of a proposed package that required the union to agree on three nonnegotiable points. Instead, the players' association accepted the raise in funds, but then made counterproposals on the issues the league stated had no wiggle room.

After the league countered with another offer Tuesday night, Bettman said the new proposal addressed specific areas the union requested.

``There were certain things that the players' association asked for that we agreed to. There were some things that we moved in their direction, and there were other things that we said no,'' he said. ``That's part of the process.''

But it's a process that has limited time to be completed.

The NHL is the only North American professional sports league to cancel a season because of a labor dispute, losing the 2004-05 campaign to a lockout. A 48-game season was played in 1995 after a lockout stretched into January.

AP NEWS
The Associated Press News Service

Copyright 2015
The Associated Press
All Rights Reserved

  
HEADLINES
News: Grand Salami - March
Canucks beat Blues 6-5 in shootout
Capitals blank Maple Leafs, 4-0
Ladd lifts Jets to 5-2 win over Kings
Stars trade F Cole to Red Wings
Rangers acquire D Yandle from Coyotes
Flames trade W Glencross to Capitals
Sharks trade Sheppard to Rangers for pick
Seller's market for NHL teams at deadline
MORE HEADLINES
 
Why Buy Picks From VegasInsider.com
NHL Pro Hockey Handicapper Sports Picks Records
NHL Hot Streaks
12-6 +659 L18, +3,321 This Year
16-7 ,+858 Last 23 Picks
+1,477 Net Profits This Season
15-5 Last 20 Total Plays
12-5 L17 Over/Unders
14-7 +1,227 L21, 22-13 +1,890 L35
NHL Pro Hockey Expert Sports Picks- Gary Bart
2014 NHL SEASON PICK RECORDS
Money Leaders
Handicapper Money
Gary Bart + 3321
Tony Stoffo + 1953
Kevin Rogers + 1477
Last 7 Day Leaders
Handicapper Money
Bruce Marshall + 576
Gary Bart + 115
Kevin Rogers + 90
Over-Under Leaders
Handicapper Money
Bill Marzano + 720
Alex Smith + 501
Tony Stoffo + 457
Guaranteed Leaders
Handicapper Money
Kevin Rogers + 1061
Tony Stoffo + 598
Dave Cokin + 368
Yesterday's Leaders
Handicapper Money
Bruce Marshall + 240
Alex Smith + 147
Kevin Rogers + 55
Member Leaders
Handicapper Money
Bruce Marshall + 1218
Alex Smith + 678
Kevin Rogers + 661
MORE PICK RECORDS
  
corner graphic
With a VI Gold Membership, you can SAVE 10% off a Live Odds subscription, SAVE 20% off Daily Pick packages, and receive access to up to 1,000 Member Plays each month!
VI Daily Fantasy Sager Bomb