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 across the board and contingent on an 82-game season beginning Nov. 2.

"We hope we've given our best shot," NHL commissioner Gary Bettman told reporters on Tuesday afternoon.

Bettman added that the offer calls for no salary rollback and the revised schedule - if implemented - would see one week of training camp and every team playing an extra regular season game every five weeks.

NHLPA executive director Donald Fehr said the offer - which is at least six years in length - is an "excellent start" and he would go over it with his membership in a 5pm et conference call.