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Players’ Union Works on Counter Offer to NHL by End of Week

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Aug. 30 (Bloomberg) -- Players will counteroffer National Hockey League negotiators by the end of the week as the sides seek to reach agreement on a new labor contract before the existing one expires Sept. 15.

Points including the revenue-sharing structure are at the center of the debate between the league and the players’ union, which is mulling a league proposition received two days ago.

Under the current collective bargaining agreement, the players get 57 percent of the hockey-related revenue, while the latest league proposal calls for 46 percent.

NHL Commissioner Gary Bettman noted that players in the National Football League and National Basketball Association both took a smaller share of revenue after lockouts.

“Reducing the share isn’t something extraordinary, it has become a matter of fact,” Bettman said.

To contact the reporter on this story: Nancy Kercheval in Washington at nkercheval@bloomberg.net

To contact the editor responsible for this story: Michael Sillup at msillup@bloomberg.net

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