Desperate to avoid a lockout on Sept. 15, NHL commissioner Gary Bettman presented players a shiny new six-year CBA proposal on Tuesday that plans to adjust league-wide revenues to a 50-50 split by its fourth year.
Here are details of the league's new offer, according to USA Today Sports' report:
- The plan calls for fixed dollars in the first three seasons that would put players' share of revenue at 51.6% in 2012-13, 50.5% in 2013-14 and 49.6% in 2014-15. In the final three years, the players and owners would split revenue 50-50.
- Players would receive an 11% decrease in the first year, an 8.5% decrease in the second and a 5.5% decrease in the third.
- The NHL proposal calls for a fixed salary cap of $58 million next season and then caps of $60 million and $62 million in the following seasons.
- Under the plan, the league projected a fourth-year salary cap of $64.2 million, a fifth year at $67.6 million and the final season's cap at $71.1 million.
- Although the league has proposed a fixed-dollar amount for the first three years, the league's proposal includes a provision for players to receive more if revenue growth exceeds 10%.
The 50-50 split by year four marks a significant change from the NHL's proposed 53-47 split in its initial offer, so it will be interesting to see what the NHLPA's response is when the two sides meet again on Wednesday.
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