Crunch time: NHLPA makes two offers to NHL, expects response today

Hold your breath, hockey fans.

It’s being reported that the NHLPA made two offers to the NHL yesterday, one on revenue sharing between teams, the other on players’ share of revenue and the so-called “make whole” provision. The union expects the league to respond during today’s CBA meetings, according to Chris Johnston of the Canadian Press.

Given revenue sharing and “honoring” current player contracts are right at the top of the list of NHLPA concerns, how the NHL reacts today could be the difference between ending the lockout and prolonging it indefinitely.

Sportsnet’s Michael Grange reports that the NHLPA proposal has players’ share of revenue falling to 50 percent by Year 3 of the deal.

The NHL wants a 50-50 split immediately, but introduced the “make whole” provision as an attempt to satisfy the players’ demands that all current contracts be paid out in full.