NHL deputy commissioner Bill Daly confirmed on Friday the league made a new CBA proposal to the NHL Players' Association on Thursday afternoon.
Read the highlights of the new proposal here.
"In light of media reports this morning, I can confirm that we delivered to the Union a new, comprehensive proposal for a successor CBA late yesterday afternoon," said Daly 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."
The NHLPA has scheduled a 3pm et conference call to discuss the offer internally but there is no plan as yet for the two sides to meet on Friday.
The NHL adjusted its maximum contract length from five to six years (seven years if a team is re-signing its own player) and boosted the variance from five to 10 per cent.
The new offer includes the 'Make Whole' provision that stays at $300 million and allows each team one compliance buyout prior to the 2013-14 season. The buyout would not count against the cap, but it would against the players' share.
The length of the agreement would be 10 years with a mutual opt-out clause after eight years while the league maintains their desire to change the start of the free agency period from July 1 to July 10.
The new offer calls for the salary cap to be $60 million for the 2013-14 season, which could be an issue when it comes to escrow.
The lockout is in its 104th day.
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