SB Nation -- 15 days before the expiration of the collective bargaining agreement, talks have broken off between the NHL and NHLPA while optimism has been thrown out the window.
Fehr: players are not prepared to see a reduction in their salaries.— Steve Lepore (@stevelepore) August 31, 2012
Fehr: if players are not prepared to take "meaningful reduction" than owners see no point in discussing or responding to NHLPA proposal.— Steve Lepore (@stevelepore) August 31, 2012
The NHLPA's initial offer two weeks ago called for a reduction in player salaries for the next three seasons after which the deal would "snap back" to again give the players a 57 percent share of hockey-related revenue, the same terms under the current CBA. Fehr called the give back in the first three years meaningful, but Bettman called the fourth year a non-starter.
Bettman says salaries snapping back to 57% in the 4th year "isn't acceptable".— Steve Lepore (@stevelepore) August 31, 2012
The PA's initial proposal also called for greater revenue sharing -- the NHLPA believes that larger-market teams should spread wealth around to smaller-market teams, and he praised the idea of an "industry growth fund" similar to one he negotiated as head of the MLB Players' Association that would help struggling clubs.