Checked Out

Last Saturday, NHL owners locked out players (who knew?) following expiration of their contract. The last strike, in 2004, wiped out an entire season and players ultimately agreed to a 24% rollback, reducing their take to 57% of revenues. Owners are now demanding a further 17.5% rollback to 47%. Players are unwilling to concede much and owners expect to get their way, again. This will be a very long strike.