October 16, 2012

Lockout nearing its end? NHL offers 50-50 revenue split

By Jesse Connolly

Might the lockout be coming to a merciful end?

On Tuesday, with the work stoppage at one month and counting, the NHL’s latest proposal has given many fans hope that there is in fact light at the end of the proverbial tunnel.

 The league has offered a 50-50 split in revenue and, if agreed upon, would still have an 82-game, 2012-13 season that would commence on Nov. 2.

"We very much want to preserve a full 82-game season and in that light we made a proposal, an offer really," commissioner Gary Bettman (pictured right) said. "It is our best shot at preserving an 82-game regular season and [Stanley Cup] Playoffs."

The league is not asking for salary rollback from the players. According to multiple reports on the NHL’s promising proposal, a player would reach unrestricted free agency at the age of 28/eight years of service, entry-level contracts would be four years in length and standard contracts could not exceed five years.

"Gary indicated to me and I assume he indicated to you that they would like to get a full 82-game season in," Don Fehr said. "We, of course, share that view and would like to get a full 82-game season in. And, so, what our hope is that after we review this that there will be a feeling on the players' side that this is a proposal from which we can negotiate and try to reach a conclusion. But, we are not in a position to make any comments about it beyond that at this point."

The NHLPA is set to discuss the new offer at 5 o’clock via conference call.

Were the season to begin on Nov. 2 and see every team play 82 games, the Bruins would need a total of 10 tilts rescheduled. They’re slated to visit the Capitals on Nov. 2.

Jesse Connolly can be reached at jconnolly@hockeyjournal.com. Follow him on Twitter at @JesseNEHJ.