NHL: League offers new proposal to end bitter labor dispute

Fri Dec 28, 2012 1:35pm EST
 

(Reuters) - The National Hockey League (NHL) has given the players' union a new comprehensive proposal in an attempt to end their bitter labor dispute, league deputy commissioner Bill Daly said on Friday.

Daly said the proposal for a new collective bargaining agreement was delivered to the NHL Players' Association late on Thursday.

"We are not prepared to discuss the details of our proposal at this time," Daly said in a statement.

"We are hopeful that once the union's staff and negotiating committee have had an opportunity to thoroughly review and consider our new proposal, they will share it with the players. We want to be back on the ice as soon as possible."

There was no immediate response from the union. At stake is how to divide $3.3 billion in annual revenue.

Players have been locked out since mid September and the league has cancelled games through January 14, more than 50 percent of the regular season which was scheduled to start in October.

The league's latest offer included changes in NHL proposals on term limits for players contracts, salary variance and buyouts, a player who requested anonymity told ESPN.com.

The offer would extend the limit of player contracts to six years from the NHL's previous offer of five, adjust yearly salary variance to 10 per cent from 5 per cent, and permit one buyout for each team before the 2013-14 season that would not count against the team's salary cap but would count against the players' share, the ESPN report said.

With the talks stalled, the players have given their union's executive board the authority to file a disclaimer of interest, which would essentially dissolve the union and allow individual players to file anti-trust lawsuits against the league. The board has until January 2 to made a decision.   Continued...