NHL offer proposes 50-50 revenue split
October 17 , 2012
The National Hockey League (NHL) has presented players with a proposal that, if accepted by the NHL Players' Association (NHLPA), could allow for a full 82-game season.
The NHL proposal suggests a 50-50 split of all hockey-related revenue and ensure that locked-out players will not see a rollback of current agreements, League Commissioner Gary Bettman said on Tuesday.
Bettman added that he hopes the new season could start early as November 2. The offer proposes that each team hold one additional game every five weeks to accommodate a full season.
“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,” Bettman told reporters in Toronto.
The NHL imposed a lockout, which halted all league operations, when the previous collective bargaining agreement expired last month with the owners and players at odds over how to split a $3.3 billion revenue pie.
A total of 82 games, scheduled from October 11-24, were affected as a result of the decision.
It marks the first time regular season action has been canceled since a lockout wiped out the entire 2004-05 season.