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The Boston Globe


On hockey

NHL owners got what they wanted

NHL owners angled for a fight with their players and got it again, a lockout that spanned 113 days and ultimately delivered some of the financial gains they coveted. The 30 team owners ended up with a new collective bargaining agreement that eventually will shift more money to their side of the ledger, potentially boosting profit margins, with franchise equity values theoretically moving up in lockstep.

The players will be made to do with less, something they reckoned with weeks ago when, amid the bickering quid-pro-quo process, they begrudgingly agreed to settle for 50 percent of all hockey-related revenues (HRR). For at least two seasons, however, players will be guaranteed more than a 50/50 split, because of high cap limits and the so-called “make whole’’ fund of $300 million that owners agreed to set aside to cover any shortfall on deals that players signed prior to the previous CBA’s expiration Sept. 15.

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