Commish: 'A luxury tax will not work'
EDMONTON, Alberta -- NHL commissioner Gary Bettman reiterated the league's position that it won't consider the players' proposed luxury tax.
"They claim that will fix our problems, I'm here to tell you today ... that a luxury tax will not work and it will create a potential for future disaster in the NHL," Bettman said Tuesday at an Edmonton Chamber of Commerce breakfast.
Bettman, who received a standing ovation at the end of his speech, also reiterated that the owners don't have a drop-dead date for when they would have to pull the plug on the 2004-05 season.
The NHL and NHLPA haven't had a formal collective bargaining session since Sept. 9 in Toronto, when the league officially rejected the union's luxury tax-based proposal.
The league has said it doesn't believe in a luxury tax because it's not predictable and doesn't guarantee cost certainty. On Tuesday, Bettman called a luxury tax "guesswork."
Copyright 2004 by The Associated Press
MORE NHL HEADLINES
- Brassard, Rangers agree on five-year deal
- Reimer agrees to two-year deal with Leafs
- Bruins add NHL vet Sacco to coaching staff
- Eller agrees to 4-year deal with Canadiens