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NHL, union to return to bargaining table Tuesday
Question of the Day
There is a sense of urgency now because nearly two months of the season have already been called off. If a deal isn’t reached soon, the NHL could be looking at its second lost campaign since 2004.
In its most recent proposal, the NHL offered the union a 50-50 split of hockey-related revenue, which exceeded $3 billion last season, but that offer was rejected. The players responded with three offers that went nowhere.
The NHL offer was pulled back because it was contingent on the league playing a complete season.
Players earned 57 percent of revenue in the recently expired contract, in which a salary cap was included for the first time. Owners sought to bring that number below 50 percent this time before their most recent offer.
This is the third lockout in Bettman’s tenure as commissioner. The first forced a shortened 1994-95 season, and the second led to the cancellation of the entire 2004-05 season _ the only time a major North American professional sports league lost a full season to a labor dispute.
By Matt Kibbe
The short-term deal will assure long-term overspending
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