Report: NHL makes initial CBA proposal to NHLPA

NHL Commissioner Gary Bettman couldn't understand during the Stanley Cup Finals why there was such pessimism by many in the hockey media that next season would start on time.

Well, this is why.

According to RDS Insider Renaud Lavoie's Twitter account, the NHL made its initial proposal for a new collective bargaining agreement to the NHLPA in Toronto today:

NHL proposal to players: 1-reduce players hockey related revenues to 46% from 57 %. 2-10 seasons in NHL before being UFA.
3-contracts limites to 5 years 4-no more salary arbitration. 5- entry-level contract 5 years instead of 3.

To Clarify the initial proposal:

1. Right now it's 57-43 in favor of the players. Owners want it to be 54-46 in favor of the owners

2. In the last CBA negotiations during the 2004-05 season elimination, the NHL agreed to accelerating unrestricted free agency from 10 years to age 27 (or 7 years).

4. There's currently player elected and club elected arbitration

5. Is self-explanatory above.

Later, the New York Post's Larry Brooks reported that in the proposal, the salary-cap ceiling would be $4 million above the midpoint and the floor $8 million below. Brooks also reported the proposal would eliminate signing bonuses (Parise and Suter each get $25 million in the first three years of their $98 million contract) and would mandate the same salary during each season of the max 5-year deal.

Obviously, this is an initial proposal. But, the owners are shooting for the stars and many of us who reported during the lost season in 2004-05 immediately responded with doom and gloom tweets.

It's safe to say today's meeting wasn't as cordial as the others.

Buckle up, folks.