Posted September 14, 2012 on AP on Fox
The word ''lockout'' is looming over another major pro sport, this time the National Hockey League. In question-and-answer form, this is a look at the issues and implications of a work stoppage in the NHL. ---- Q: WHY IS THIS THE NHL HAVING LABOR ISSUES? A: At its core, this is a dispute over money. The league's labor contract, agreed to seven years ago, expires at midnight EDT Saturday night. Having gained a salary cap in the current collective bargaining agreement, NHL owners want additional economic concessions from players. Players currently receive 57 percent of hockey-related revenue, and the owners want to bring that number down as far as perhaps 47 percent. The union offered a deal based on actual dollars, seeking a guarantee of the $1.8 billion players received last season. ---- Q: WHY DO OWNERS NEED A BETTER DEAL? A: NHL Commissioner Gary Bettman says ''in these economic times there is a need to retrench.'' He says the last deal t...
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