The NHL has recently come back with their second proposal, which was presented to the NHL Players Association at the league offices in Manhattan on Tuesday. The two sides have a number of issues to negotiate if they plan on kicking off the season at the scheduled October 11th start date.
“It is a proposal we believe is significant and has meaningful movement,” said NHL commissioner Gary Bettman. “It was also designed to address issues that they raised with us and to address the proposal they last made to us in terms of structure and format.”
The original proposal asked to cut the players share of revenue from the current 57 percent to 43 percent. The new deal would have a yearly reduction in place for the players from 57 percent to 50 percent by the fourth year. The revenue would then be split at 50/50 for the remaining three years.
Negotiations are set to continue on for the rest of the week. Despite there being several problems left on the table, it’s encouraging to know that the two sides are continuously meeting. Check back for more NHL offseason updates.