With the September 15th deadline behind us and the current collective bargaining agreement expired, the NHL and the NHLPA have yet to reach a new deal for the 2012-2013 season.The main issue at hand concerns revenue distribution between the owners and the players. Under the previous CBA, the players took a 57% share of total revenue, with the owners taking in 43%. The NHL has been pressing hard for a new deal, which increases the owner’s share of revenue to roughly 54%. According to NHL commissioner Gary Bettman, this is part of a plan to introduce revenue sharing into the league, meaning that NHL franchises who take in less money will be eligible to receive subsidies to sustain and improve their organizations. As Bettman puts it, “The fact of the matter is the players have been getting 57 per cent, we were getting 43 per cent — and we were paying all the expenses of running the game, running the league and running our clubs” (see article here).  With a full lockout now in effect, there is still little movement being made, however Bettman has reported that the NHL has been moving their proposals closer to a 50-50 deal.

Check out the most recent NHL video update here.