NHL makes 50-50 revenue split offer

TORONTO -- The NHL made a proposal for a new Collective Bargaining Agreement on Tuesday, one designed to allow an 82-game schedule for 2012-13 NHL season to take place.

"We very much want to preserve a full 82-game season and in that light we made a proposal, an offer really," Commissioner Gary Bettman said. "It is our best shot at preserving an 82-game regular season and [Stanley Cup] Playoffs."

Commissioner Bettman announced the proposal after he and Deputy Commissioner Bill Daly held an hour-long meeting with the National Hockey League Players' Association Executive Director Don Fehr and Special Counsel Steve Fehr at the Union office.

Bettman said that the offer, which splits hockey-related revenue at 50-50, is contingent upon a full season being played and suggested that the season could begin Nov. 2. He also said the League is not asking for salary rollbacks from the players.

"We're focused on getting the season started on Nov. 2. That's what this offer was about."

The NHLPA is expected to address the proposal soon.