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Deputy commissioner Bill Daly released a statement saying the NHL Players' Association's proposal for a 50-50 revenue split is not actually an even deal.
Bill Daly, the deputy commissioner for the NHL, said in a statement on Thursday that one proposal from the players' association calling for a 50-50 split of hockey related revenue is not in fact an even split.
The league and the NHL Players' Association met in Toronto Thursday, and the latter submitted three proposals to end the lockout, and according to Daly through a release:
"It is not a 50-50 deal. It is, most likely a 56- to 57-percent deal in Year One and never gets to 50 percent during the proposed five-year term of the agreement. The proposal contemplates paying the Players approximately $650 million outside of the Players' Share."
Daly called the deal a "misrepresentation" of how it was proposed by the NHLPA.
He went on to say that the union was attempting to alter the accounting rules, thus twisting the deal into what appears to be a 50-50 split of hockey related revenue. Daly added that the NHLPA told the league that it had not yet crunched the numbers and that the league had.
If the NHL is correct in its accounting, then the proposal's split is much closer to the collective bargaining agreement that ended Sept. 15. That deal gave the players 57 percent of the hockey-related revenue.
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