NHL Offers Players 50-50 Split of Revenue

NHL Offers Players 50-50 Split of Revenue

Brad Penner-US Presswire

The NHL made an unexpected offer to the NHL Players Association on Tuesday in an attempt to save the 2012-13 season; the offer included a proposal of a 50-50 split of all hockey related revenue as well as a full 82-game schedule which would begin in a few weeks on November 2nd.

The proposal is still down seven percent from the revenue split (57% players, 43% owners) which the players shared last season with the owners but it is more than the previous offer proposed by the owners by three percent (53% owners, 47% players). Now the only question is will the players accept it for the sake of saving the 82-game season or will they stand firm on their beliefs in an attempt to get what they feel would be a fair deal.

NHLPA executive director Donald Fehr spoke with the media following the NHL’s latest proposal and said, “(the offer) is not short and there were some explanatory documents that we still have to wade through”.

The NHLPA will hold a conference call with the players’ negotiating committee and the union’s executive board on Tuesday but according to a source familiar with the situation it is “doubtful” that the union will formally respond on Tuesday. Fehr also said that it would be “sooner rather than later” in response as to when the NHLPA would invite the NHL to sit back down at the negotiation table.

NHL Commissioner Gary Bettman said “we made a proposal, an offer, really that is our best shot at preserving an 82-game regular season and playoffs”. “So we have about nine or 10 days to get all of this put to bed, signed, sealed and delivered, in order for this offer to be effective and for us to move forward”.

There is no telling which way the players are leading towards but if they want to play of full 82-game season then apparently this is the best offer which they will receive from the league and its owners.

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