Really?! I thot that kind of stuff went the way of the dodo bird I can remember voting on that kind of thing … actualy it was so long ago I don't remember
The details of the deal have not been announced, but a source tells the Canadian Press that the agreement includes a seven-year contract term limit for free agents, eight years for players re-signing with the same team. The deal also includes a 35 per cent yearly variance in salary and no more than 50 per cent difference between any two seasons.
It also includes defined benefit pension plans for the players as well as a $64.3-million salary cap in 2013-14 addressing two key sticking points in the negotiations.
DB pension plans are still relatively common in unionized environments and in executive pay packages. Most other salaried workers in NA will get some form of company administers DC plan, often with some form of company matching contribution. Much cheaper and more predictable costs to the company.
Kn.
When one person suffers from a delusion, it is called insanity.
When many people suffer from a delusion, it is called religion.