Kukla's Korner Hockey
by Paul on 11/08/12 at 02:58 PM ET
CBA meeting started between 12:30 - 1pm and most people in-the-know say this is a huge day of bargaining.
This probably says it all.
from the CP at CBC,
Sources told The Canadian Press that the Players Association tabled an offer Wednesday night regarding revenue sharing and the league's "make whole" provision, which is designed to ensure all existing contracts are honoured in full. It is seen as the fundamental issue left to solve with the NHLPA having already agreed to see the players' share in revenue reduced to 50 per cent during the next CBA.
The union views that as a concession of more than $1 billion US because that's how much more players would earn if it remained at the current level of 57 per cent.
The league was expected to respond to the players' offer on Thursday.
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