For the NHLPA's part, they continue to say they want to sit and negotiate until a deal is reached. The NHL owners, on the other hand, have indicated they are prepared to lock out players at the stroke of midnight if players can't reach a deal with the league by 11:59 p.m. ET on Saturday, September 15th.
Bettman reiterated to the crowd of reporters that those not dedicated to the negotiating process would allow for a lockout. In this situation, it's one side blaming another with two proposals tabled that are quite far apart.
The key here is revenue. According to The Toronto Globe and Mail, current revenue is estimated around $3.28 billion, and the battle is over who gets what percentage. Currently, the players receive 57 percent of league revenue. The NHLPA has agreed in their latest proposal to drop that number to 54.3 percent, and allowing it to decrease to 52.7 percent over the next six years.
The owners are looking for more. They propose a 49 percent start and a 47 percent close.
While the players are offering concessions, it seems that the owners feel these concessions are inadequate.
My opinion: The league made money on the last contract and will continue to make money under the new one. In fact, the players are giving up a portion of their money to allow the league to make more. The league should take this as a stepping off point for the following contract in 2018, and bask in the glow that is the players who are the ones generating this revenue in the first place.
This is a complex contract, but the main sticking point is definitely the revenue top. What do you think? Is the NHLPA giving up enough in their proposal? Are the owners right in looking for more concessions? Add your comments below, and vote in our poll.
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