The NHL Players' Association and executive director Donald Fehr made their first proposal to the National Hockey League on Tuesday, with Fehr saying he believed it should, "lead to a new CBA" and "produce a stable industry."
While Fehr did not get into specific line-by-line details of the proposal, he did indicate that the players were willing to take reduced hockey-related revenue for the next three seasons and that it did not suggest the elimination of the league's hard cap.
Fehr added that the union also asked that no changes be made in regards to player contracting rules.
NHL commissioner Gary Bettman didn't reveal any specific details of the presentation, but said that both sides will meet again on Wednesday morning.
"It's clear to me (the NHLPA) didn't put (the proposal) together in an hour or two," Bettman told reporters on Tuesday, confirming the league would evaluate the proposal at their offices.
Fehr said Monday that the proposal will be an "alternative view" rather than a counter-offer to the initial plan put forward by the NHL last month.
The league's proposal called for lowering the players' share in revenue and introducing new contract restrictions, including a five-year cap on deals.
While players have attended every session of bargaining, Tuesday was the first time the game's biggest stars - including Sidney Crosby and Alex Ovechkin - have taken part. The current CBA expires Sept. 15 and the NHL has said there will be a lockout if a new agreement isn't in place by then.
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