NHL proposes 50/50 HRR Split in Latest Offer

Yesterday, the National Hockey League owners presented the National Hockey League Players’ Association (NHLPA) with another proposal for a new Collective Bargaining Act. This proposal would allow an entire 82-game season to be played pending agreement from the NHLPA.

The NHL’s proposal offered a 50/50 split in hockey related revenue (a definition that the two sides have been arguing on) for the entire length of the deal and no current player salary rollbacks. Although the length of the suggested deal was not released, NHLPA Executive Director Donald Fehr said that the NHL’s offer for a new CBA involved “at least” six years.

NHL Commissioner Gary Bettman had this to say in the media session afterwards:

“A lot of you know we don’t negotiate publicly, and I’m not going to break that habit because I don’t think it’s constructive. The fact of the matter is, we offered a 50-50 share of HRR, hockey related revenues, and we believe we addressed the concern that players have about what happens to their salaries as a result in this year of reducing the percentage from 57 to 50%. Beyond that, I don’t want to get into the substance other than to say we believe that this was a fair offer for a long-term deal, and it’s one that we hope gets a positive reaction so that we can drop the puck on November 2nd — which backing up, entails at least a one-week training camp. So we have about nine or ten days to get this all put to bed, signed, sealed and delivered, in order for this offer to be effective and for us to move forward. We hope that this effort that we’ve undertaken today would be successful because we know how difficult this all has been for everybody associated with the game, particularly our fans.”

The NHLPA said that they need time to review the offer and would take Tuesday afternoon to discuss it. A conference call was scheduled to take place at 5 p.m. ET.

Let’s hope the NHLPA comes back with a statement soon, so fans have an idea where negotiations stand. If they accept it – hockey fans will get their players, their arenas, and the sport they love back.

NHL’s statement here: http://www.nhl.com/ice/news.htm?id=643558&navid=DL|NHL|home

Follow Tara Colison on Twitter here: https://twitter.com/TaraC_RtR