NHL proposes 50-50 revenue split; other terms may be sticking points
(MCT) — LOS ANGELES—The NHL kick-started its stagnant negotiations with the players’ association Tuesday by proposing a collective bargaining agreement based on a 50-50 split of hockey-related revenue between owners and players and contingent on a full season being played, starting Nov. 2.
Although the division of hockey-related revenue in each year of the proposed six-year deal is more favorable to players than the NHL’s previous offers to them of 43 percent and 47 percent, other terms are likely to raise their hackles, such as limiting contracts to five years and postponing eligibility for unrestricted free agency by a year to 28 years old or after eight years’ service.
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