Originally posted on isportsweb.com  |  Last updated 10/17/12
There has been a surprising twist in the NHL labour dispute.  After weeks of negotiations, the  league has offered the National Hockey League Players Association a 50/50 proposal in a last stitch effort to salvage the 2012-13 season. yesterday.
If the players accept the offer, the season will begin on November 2.
In a press conference yesterday, NHLPA director, Donald Fehr was a bit optimistic about the offer and said it was a step in the right direction.
The National Hockey League posted the new proposal on their website.
Here are some of the terms of the deal.
Term
- Six year agreement with mutual option for a seventh year.
Hockey Related Revenue Accounting
- Current  HRR subject to mutual clarification of existing interpretation and settlements.
Payroll Range
- 2012-13 payroll
Lower Limit – $43.9 million
Midpoint – $51.9 million
Upper Limit - $59.9 million
- Appropriate “Transitions Rules” allow clubs’ to exeed Upper Limit for the 2012-13 season only (but in no event will clubs’ averaged club salary be permitted to exceed the CBA Upper Limit of $70.2 million.
Cap Accounting
- Payroll Lower Limit must be satisfied performance bonuses.
System Changes
- Entry Level System commitment will be limited to two years.
- Maintenance of existing Salary Arbitration System subject to: (i) totally mutuality of rights with regard to election as between Player and Club.  (ii) Eligibility for election moved to five years of professional experience (from four years).
- Group three Unrestricted Free Agent eligibility for players who are 28 or who have eight Accrued seasons (continues to allow for early UFA eligibility — age 26).
- Maximum Contract length of five years.
Revenue Sharing 
- At least one-half of the total revenue Sharing Pool (50%) will be raised from the Top 10 Revenue Grossing Clubs in a manner to be determine by the NHL.
No Rollbacks
This is something the players wanted from the beginning of negotiations.
These are just some of the aspects of the proposal. 
Now the question is will the players accept the offer.  It depends on who you listen to.  Some hockey reporters are saying they won’t and some of them say they will.  One broadcaster in Toronto thinks there is a possibility that Fehr and the players may push for a better deal.  If so, you can forget Nov. 2 as the starting date for this year’s season.
As for me, I am not getting too exited.  I will continue to get my hockey fix elsewhere,  i.e. American Hockey League.  I happen to be a big Toronto Marlie fan.

This article first appeared on isportsweb.com and was syndicated with permission.

GET THE YARDBARKER APP:
Ios_download En_app_rgb_wo_45
MORE FROM YARDBARKER

The Warriors just trucked the Blazers with 8 threes, 45 points in the first quarter

Serena Williams fires back at Ilie Nastase’s racist comment about her child

Magic Johnson will represent the Lakers at NBA Draft Lottery

Red Sox pitcher Matt Barnes suspended, fined for throwing at Manny Machado

Jerry Jones happy Tony Romo isn’t playing for another NFL team

LIKE WHAT YOU SEE?
GET THE DAILY NEWSLETTER:

George told teammates he has dreamed of playing for Lakers?

Westbrook takes shot at Rockets for laughing at Roberson

Report: Adrian Peterson, Saints 'closing in on a deal'

Richard Sherman shows up for voluntary workouts

Jabrill Peppers the latest star to test positive for diluted sample

NFL draft prospect loses father to accidental shooting

NBA Weekend Awards: Who takes home the Wilt Chamberlain Trophy?

Everything you need for the 2017 NFL Draft

Where it went wrong: Stanley Cup Playoffs Round 1 exits

20 of the best NFL Draft red carpet looks

Getaway Day: Wild, wacky and weird week in MLB (and that's just the injuries)

11 names you need to know for the NFL Draft

Most inspirational sports movies, series and docs available for streaming

The 10 best sports docs available for streaming

The 'It's not good to play the King' quiz

Best of Yardbarker: David Fizdale and the Grizzlies won't go down quietly

Three Up, Three Down: Home run hitters are heating up

The 'Even the Browns can't mess this one up' quiz

NHL News
Delivered to your inbox
You'll also receive Yardbarker's daily Top 10, featuring the best sports stories from around the web. Customize your newsletter to get articles on your favorite sports and teams. And the best part? It's free!

By clicking "Sign Me Up", you have read and agreed to the Fox Sports Digital Privacy Policy and Terms of Use. You can opt out at any time. For more information, please see our Privacy Policy.
the YARDBARKER app
Get it now!
Ios_download En_app_rgb_wo_45

NBA Weekend Awards: Who takes home the Wilt Chamberlain Trophy?

Everything you need for the 2017 NFL Draft

Where it went wrong: Stanley Cup Playoffs Round 1 exits

Getaway Day: Wild, wacky and weird week in MLB

11 names you need to know for the NFL Draft

Most inspirational sports movies, series and docs available for streaming

The 10 best sports docs available for streaming

The 'It's not good to play the King' quiz

Three Up, Three Down: Home run hitters are heating up

The 'Even the Browns can't mess this one up' quiz

Today's Best Stuff
For Publishers
Company Info
Help
Follow Yardbarker