NHL makes counter-proposal to NHLPA

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The NHL’s latest proposal that was delivered to the NHLPA today in New York City has the players’ share of hockey-related revenue starting at 49 percent and ending in the sixth and final year of the deal at 47 percent, reports ESPN’s Pierre LeBrun.

Currently the players receive 57 percent of revenue.

Bettman says the offer is negotiable but comes off the table Saturday when the CBA expires.

What’s not known yet is what the NHLPA thinks of the counter-proposal. Union chief Donald Fehr will address the media at 5 p.m. ET.