By Marc Weinreich
October 16, 2012

The NHL made a new proposal to the players' union on Tuesday as negotiations to end the ongoing lockout continue, according to CBS Sports. The two sides met on Tuesday in Toronto, and commissioner Gary Bettman confirmed that the league had hopes of starting an 82-game season on Nov. 2.

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

The proposal included a 50/50 split of hockey-related revenue (HRR) in the first year with no salary rollbacks. The league also would make no changes to the definition of HRR, a point of contention in previous discussions. Under the prior CBA, players received 57% of revenues.

Union leader Donald Fehr said the deal is for a minimum of six years but that the players' association was not in a position to respond yet.

"We, of course...would like to get a full 82-game season in. And, so, what our hope is that after we review this that there will be a feeling on the players' side that this is a proposal from which we can negotiate and try to reach a conclusion. But, we are not in a position to make any comments about it beyond that at this point."

Sportsnet's John Shannon offered additional details on the proposal via Twitter:

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