NHL offers the players a 50/50 split

According to multiple reports, the NHL has made a new offer to the players’ association during their meeting today. One portion the proposal is the offer of a 50/50 split of hockey-related revenue with the players.

The following via TSN:

The NHL put a new offer on the bargaining table for the NHL Players’ Association on Tuesday morning, which includes a 50/50 split of hockey-related revenue and contingent on an 82-game season beginning Nov. 2.

So, under the NHL offer, we’d see a slightly more compact schedule, but the league would still get in a full 82 games, which is good news for everyone involved. The part that will likely be hard to swallow is the NHL’s demand that players drop to 50 percent immediately, rather shifting gradually to that figure over a year or two.

The really interesting component of the deal is that it appears the league would pay players for a full season, if an 82-game schedule is possible once the deal is agreed to. From Elliotte Friedman:

I’d expect the key thing for players to discuss is what sounds like an NHL offer to "return" whatever is lost on their salaries this season.

Meanwhile, Donald Fehr tells the media that the proposed CBA would be at least a six year deal, and that the players will discuss the new offer at a 5 PM conference call. For now, he seems to be keeping his comments short, but he did say that the NHLPA would get back to the owners on this new offer soon – by Tuesday or Wednesday.
 
My initial reaction is that this obviously won’t be the final offer that gets things settled, but this might be the offer that kickstarts earnest negotiations on key financial issues. If the players are willing to accept 50 percent of hockey-related revenue, or something in the ball park, this should trigger a counter-proposal from them, with my guess being that they target both the implementation period (in other words: asking for a gradual reduction to 50/50 rather than a sharp step down) and the 50 percent total.
 
These negotiations have been frustrating for everyone, but this is a perfect example of why constant talks are preferable to total silence – eventually, one side or the other will say something that catches the attention of their counterparts. Hockey fans longing for a 2012-13 season just need to hope that this is the offer that finally catches the players’ interest. 
 
If it doesn’t, that’s probably the last hope for a full 82-game campaign. And if the league starts cutting games permanently, that’s exactly the sort of thing that could lead to worse offers the rest of the way.

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  • Karth

    Good offer. It will get tweaked I’m sure but the framework is there. I do negotiations for a living and it takes a big man to put the deal ahead of himself. Good job Gary and the owners.

  • Dear NHLPA,

    Just sign. We don’t care how proud you are. We dont care about what you think is right. We don’t care if you think its fair or just.

    We just care about hockey. We cared about it before you played and we will care about it after. You are interesting and entertaining and put the shine on the star that is the NHL.

    But never forget you are not bigger than hockey. Never have been, never will be. You owe the game. We owe you nothing.

    Swallow your pride and do the right thing.

    Just sign.

    Sincerely, some tired hockey fans…….

  • Smart move by the NHL. Reasonable offer, still get all the games in and so if a deal is not consumated through this offer (with some tweaks here and there) than the players will look like the bad greedy guys and the owners can say “we tried – talk to the players about why there is no hockey”

  • Muji 狗

    There is not much time left to play 82 games, so the no rollback part of the offer has a credible self destruct timer. If the players are game for 50-50 but want to avoid a 1st year hit playing a full season is a no brainer. Very good timing. A full or half season is probably gone if this doesn’t close.

  • CaptainLander

    My prediction:

    League – “Here is our latest offer….”

    Players – “Hmmm…no”

    League – “See you next year”

    Players – “Woohoo – Year off work!, in your face fans! We have the power!”

  • Oilfan69

    Greg Wyshynski ‏@wyshynski
    @JSportsnet w/ details: UFA at 28 yrs/8yrs in NHL; entry level deals = 4 years; long-term contracts capped at 5 yrs.; still have arbitration

  • match16

    @A-Mc

    It states that the season would see a “slightly more compact schedule.” Every team will fit in an extra game every 5 weeks is what the TSN article says.

    • A-Mc

      When i posted my response, the article was much much shorter with a “more to come” type tag at the bottom. And i didnt bother to read the article as it felt like details were still unfolding.

  • A-Mc

    This offer is shameful. It doesn’t at all take into account the recent purchases made by players. How the hell is Weber going to make his down payment on on that island if he has to drop down to 50% without a gradual decrease? What about all those new sports cars, and pricey dinners. Hell, even when the revenue was 57% for players, the Oilers still needed to skip out on at least one check last year, imagine how they’ll fair in the fine dinning and bottle service scene now Mr. Bettman. You cold heartless Bastard!

    As a fan I can only hope some kind of ticket price increase is proposed in order to help out these poor middle rich class players, who are in serious danger of becoming sub middle rich. It should dovetail nicely with the mandatory ticket increase, otherwise known as taxes, in order to help pay for a new downtown arena.

    This whole thing honestly almost makes me want to give a big middle finger to all professional sports and just go cheer for the CFL.

  • Truth

    Interesting to see how this is received by the NHLPA. If I was them I would be saying that this should have been the first offer and will be looked at as so. The initial 43% to the players was ridiculous. I still think the NHLPA wants to start this year at 57% and gradually get down.

    Apparently the NHL is saying the difference (57-50) will be made up within the length of the players contract. Interesting to see how that works if it’s a 50/50 split. Buyouts off the books in year one maybe?

    I do hope they accept it however. It’s only preseason but I cannot handle the NBA highlights already. Wow, another 7 footer dunks on a net he can reach standing flat footed.

  • A-Mc

    82 games still w/ a late start of nov 2? SWEET!

    We’ll have hockey well into the summer almost hahahaaaaa, Then the regular preseason stuff will start the following september.

    OH JOY.