Ucl Final 2004-05

[Amilcar Labrosse]

NHLcommissioner Gary Bettman announced the cancellation of the 2004-05 season on Feb. 16, 2005, the first time a full season of one of the four U.S. pro sports leagues was washed out. Due to a labor dispute, no Stanley Cup would be awarded for the first year since 1919. The lockout began Sept. 16, 2004 and lasted until July 21, 2005.

Referee Don Van Massenhoven became a sales consultant at Dale Wurfel Pontiac/Buick/GMC Ltd. in Strathroy, Ontario. Fellow referee Bill McCreary installed kitchen cabinets, and Stephen Walkom coached girls hockey.

Peter Forsberg, left, fights it out with Henrik Zetterberg in front of goalie Miika Kiprusoff during a Swedish national league match between Modo and Timra in Ornskoldsvik, northern Sweden on Sept. 27, 2004.

The Philadelphia Phantoms' Patrick Sharp scores past Hamilton Bulldogs goalie Dan Ellis as Chris Higgins defends during the third period of an AHL game, the first hockey game in Philadelphia under the lockout.

Predators Jim McKenzie, left, and Scott Hartnell chase a football on the ice at the end of a workout at the team's practice facility on Sept. 15, 2004, the last day players were able to use team facilities before the league locked out the players.

An NHL World Stars team played an exhibition with Polish All-Stars on Dec. 22, 2004 in Katowice, Poland. Fedorov was among the star skaters with Dominik Hasek in net and Tony Amonte enjoying some time on the bench with a young fan.

Known as the playmaking half of the Sedin twins, Henrik has been a superb complement to his goal scoring twin, Daniel, since they joined the Canucks in 2000. He posted the first of his six straight 60-assist seasons the season after lockout and won the Hart Trophy in 2010, after leading the league with 83 assists and 112 points. In 2011, he and Daniel helped Vancouver reach the Stanley Cup Final.

The Swedish star, who won the Calder Trophy in 1996, had produced four straight 70-point seasons and earned four All-Star Game nods with Ottawa when the lockout hit, and he picked up a career-high 103 points in 2005-06. He also won an Olympic gold medal for Sweden in 2006, one of his five appearances at the Games.

Recognized as one of the fiercest players of his day, Pronger amassed more than 1,900 penalty minutes including regular and postseason games. He won the Norris and Hart Trophies with St. Louis in 2000, a rare accomplishment for a defenseman, especially one known best for rugged play in his own end of the ice. After the lockout, he appeared in Stanley Cup finals with the Oilers, Ducks and Flyers, winning the prize with Anaheim in 2007. He left the game prematurely in 2012 after suffering numerous concussions.

The smooth skating defenseman had already won three Stanley Cups with New Jersey before the lockout and he went on to win one more, with Anaheim, taking home Conn Smythe honors as well in 2007. Niedermayer was captain of that team. He also won two Olympic golds and served as captain of Team Canada at the 2010 Games in Vancouver where his team took the gold in his home province. The Devils retired his No. 27 in 2011.

The stylish Swedish forward was well on his way to the Hall of Fame by the time of the lockout as a two-time Stanley Cup winner and Olympic gold medalist. Forsberg produced 116 points in 1995-96 when Colorado won its first Cup, but his aggressive style of play caused him numerous injuries throughout his shortened career. He missed the 2001-02 regular season because of a ruptured spleen, returning in time for for the playoffs and recording 27 points in 20 games. The following season, he led the NHL in scoring and won the Hart Trophy.

By the time of the 2004 lockout, the Avalanche center with the devastating wrist shot had won two Stanley Cups and produced five of his six 100-point seasons. In 2001, he became one of four players in league history, along with Bobby Clarke, Wayne Gretzky and Mark Messier, to win the Hart Trophy and captain a championship team. The Hall-of-Famer finished his career in 2009 with better than a point-per-game numbers in both the regular season (1,641 in 1,378 games) and playoffs (188 in 172 games).

After winning an NCAA championship at the University of Minnesota, Vanek joined the Sabres for 2005-06 and went on to produce seven straight seasons of 25 goals or more, including a pair of 40-tally campaigns. In 2006-07 campaign, the talented sniper led the NHL with a +47 rating.

The only goalie in NHL history to win at least 30 games in his first seven seasons, King Henrik has become the toast of New York while setting Rangers club records for wins during the regular season (309) and playoffs (43). He led the team to the Stanley Cup Final in 2014 and backstopped Sweden to the silver medal at the Sochi Olympics, adding to the gold medal he won at the Turin Games in 2006.

A two-time Stanley Cup champ and Conn Smythe Trophy winner in 2012, Quick has emerged as one of the stingiest goalies in the game. Despite weighing 220 pounds, he is so flexible and capable of covering the entire lower portion of the net that his teammates took to calling him Gumby. His combined marks in the 2012 and 2013 playoffs (.940; 1.63 over 38 games) are astounding.

* How did players and officials get by during the lockout? Referee Bill McCreary installed kitchen cabinets to pay the bills. Stephane Provost, a linesman with more than 700 NHL games under his belt, was painting houses for $10 an hour during the NHL playoffs when he would likely have been working.

* Rangers defenseman Joel Bouchard organized a 16-city tour of four-on-four teams to raise money for charity. The tour was picked up by Canadian network RDS. Luongo played in the four-on-four games, as did Simon Gagne, Jose Theodore, Vincent Damphousse, Mike Ribeiro, Martin Lapointe, Eric Belanger and Pascal Dupuis.

* AK Bars Kazan of the Russian Superleague (now the KHL) threw money at a league title like they were the New York Yankees, but with a $65 million roster that included Ilya Kovalchuk, Alex Kovalev, Nikolai Khabibulin, Darius Kasparaitis and North American imports Dany Heatley and Vincent Lecavalier, they got bounced in the opening round of the playoffs. The Moscow Dynamo prevailed with a payroll that was roughly one-fourth as expensive.

The site is secure.

The ensures that you are connecting to the official website and that any information you provide is encrypted and transmitted securely.

Background: Adult mortality has been postponed over time to increasingly high ages. However, evidence on past and current health trends has been mixed, and little is known about European disability trends.

Results: People in 2013 had better cognitive function compared with same-aged persons in 2004-05, with an average difference of approximately one-third standard deviation. The same level of cognitive function in 2004-05 at age 50 was found in 2013 for people who were 8 years older. There was an improvement in cognitive function in all European regions. Mean grip strength showed an improvement in Northern Europe of 1.00 kg [95% confidence interval (CI) 0.65; 1.35] and in Southern Europe of 1.68 kg (95% CI 1.14; 2.22), whereas a decrease was found in Central Europe (-0.80 kg; 95% CI -1.16; -0.44). We found no overall differences in activities of daily living (ADL), but small improvements in instrumental activities of daily living (IADL) in Northern and Southern Europe, with an improvement in both ADL and IADL from age 70 in Northern Europe.

Conclusions: Our results indicate that later-born Europeans have substantially better cognitive functioning than earlier-born cohorts. For physical functioning, improvements were less clear, but for Northern Europe there was an improvement in ADL and IADL in the oldest age groups.

Program Savings. The budget includes about $3.8 billion in program savings. Over half the total is related to a reduction in K-14 education spending related to the suspension of Proposition 98. Other savings include three-month delays in cost-of-living adjustments for California Work Opportunity and Responsibility to Kids and Supplemental Security Income/ State Supplementary Payment grants, reductions in institutional support for the University of California (UC) and California State University (CSU), and unallocated reductions in state operations spending.Proposition 57 Bond. In December 2003, the Governor and Legislature placed on the March 2004 ballot two measures—namely, Proposition 57, which authorized up to $15 billion in deficit financing bonds, and Proposition 58, which put in the State Constitution an annual budget reserve requirement, an expanded balanced budget requirement, and a prohibition against deficit borrowing in the future. The Proposition 57 bond proceeds were proposed to be used in place of the deficit bond that had been authorized in the 2003-04 budget, and which was being challenged in court. Following voter approval of Propositions 57 and 58, the state sold $11.3 billion in deficit bonds to help with the budget, leaving approximately $3.5 billion in additional bonds available for 2005-06 and subsequent years. Relative to the previously authorized bonds, the Proposition 57 bonds benefited the General Fund in the following two ways: Higher Borrowing Amounts. The $11.3 billion in bonds sold this year was $2.7 billion more than the $8.6 billion that would have been allowed by the previously authorized statutory bond.Lower Initial Debt-Service Payments. As noted above, the repayment of the previously authorized statutory bonds would have been based on the diversion of one-half cent of the sales tax, costing the General Fund about $2.4 billion annually for roughly five years. In contrast, repayment of the Proposition 57 bonds is based on the diversion of one-quarter cent of the sales tax for up to 14 years, for a savings of $1.2 billion in 2004-05.Other Loans and Borrowing. This category accounts for $3.5 billion in solutions. It includes $929 million related to the use of proceeds from the sale of a pension obligation bond to offset payments to the Public Employees' Retirement System. It also includes a "settle-up loan" of over $1.2 billion related to 2003-04 and prior-year obligations to Proposition 98 education, and a Proposition 42 loan of $1.2 billion from transportation funds.Fund Shifts. This category totals $1.8 billion, and includes numerous funding redirections and fee increases. It includes $366 million related to increased higher education fees, which are used to offset General Fund support for UC, CSU, and California Community Colleges. It also in

cludes $450 million related to a new law change requiring that 75 percent of court-related punitive damage awards be allocated the state. The budget assumes that these funds will be used to offset General Fund costs for state programs. Finally, this category includes $216 million related to a federal waiver allowing federal financial participation of the state's current state-only In-Home Supportive Services cases.Increased Revenues and Transfers. This category includes $1.8 billion in total solutions. It includes targeted tax increases related to a two-year suspension of the teachers' tax credit ($210 million) and a two-year rule change related to the use tax on out-of-state purchases of certain large items such as yachts and airplanes ($26 million). It also includes $333 million from a two-month tax amnesty program beginning in the spring of 2005. The budget also includes various transfers from state transportation funds to the General Fund. Diversion of Local Property Taxes. The budget includes a $1.3 billion annual diversion of local property tax revenues for the benefit of the General Fund in 2004-05 and 2005-06. This diversion is part of a broader agreement that places limits on future state diversions of certain local taxes and "swaps" VLF backfill payments and property taxes.Budget AgreementsThe final budget includes agreements with K-12 education and local governments. We discuss the detail of these agreements in Chapter 4. However, one element these agreements have in common is a fiscal trade-off. Each entity concedes something in 2004-05—a smaller funding increase in the case of education and a diversion of property taxes in the case of local governments—in return for funding restorations and other commitments in future years.Budget Gap to Re-Emerge in 2005-06The 2004-05 budget includes significant ongoing savings and it makes some progress toward resolving the state's ongoing structural budget shortfall. Nevertheless, like the two prior budgets, the current spending plan (1) contains a significant number of one-time or limited-term solutions and (2) obligates additional spending in future years. As shown in Figure 3 (see next page), major one-time savings include: the use of $2 billion in Proposition 57 bonds to support 2004-05 General Fund program spending, $929 million due to the sale of a pension obligation bond, the deferral of $1.2 billion in Proposition 42 transportation spending, and the postponement of local government mandate payments ($200 million) bringing the total of deferred reimbursements to $1.5 billion. In addition, the savings related to the $1.3 billion diversion of local property taxes and the suspension of the teachers' tax credit will expire after two years. Figure 3 also shows that deferred out-year costs associated with actions taken in 2004-05 and prior-year budgets include: Proposition 98 settle-up payments, Proposition 42 loan repayments, and repayment of the VLF "gap" loan from local governments. (The 2004-05 budget does include early repayment of a $1.4 billion loan from the Traffic Congestion Relief Fund, mostly financed by a tribal gaming bond.)The combination of these factors suggests that state will continue to face out-year budget shortfalls, absent corrective action. Based on the May Revision budget plan, we had previously estimated these out-year shortfalls to be in the range of $6 billion in 2005-06 and $8 billion in 2006-07. The final actions on the budget—which raised ongoing spending commitments relative to the May Revision in several areas—will likely add to these out-year projected shortfalls. While the remaining Proposition 57 bond authority (about $3.5 billion) is available to offset some of these shortfalls, it appears that substantial additional actions will be needed to bring future budgets into balance. We will be updating our projections of out-year budget shortfalls to reflect both the final budget actions and current economic and revenue developments in our annual publication entitled California's Fiscal Outlook, scheduled to be released in November 2004.

Figure 3

3a8082e126