The NHL appears to be lessening its demands for the new collective bargaining agreement, conceding to numerous NHLPA complaints. The most promising of which appears to be reduction of players’ share of revenue from 57 to 46 percent, as opposed to initial offer of 43 percent. This represents almost a $460 million dollar decrease in NHL controlled revenue. The new proposal would also not include any rollbacks in player salary, a large sticking point in the initial proposal.
Donald Fehr and the NHLPA plan to announce a counter-proposal on Friday. If negotiations continue, and both sides appear to be moving closer to a median of roughly 50 percent revenue sharing, I believe that the season could be salvaged – without the loss of any regular season games. However, it is unknown whether the latest NHLPA proposal will reflect the changes in the newest proposal or if the union will instead create their own second proposal for the owners to mull.