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.
Be sure to stay with SB Nation's NHL hub for more coverage from around the league.
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