Even though it's positive that the league and union will meet for the fourth day in a row Friday, there is still a lot of work to be done.
The owners reportedly weren't fans of the union's Wednesday proposals for revenue and hockey-related revenue, but on the bright side, it wasn't like they left the room immediately like they did nearly a month ago, indicating there is actual bargaining going on now. The owners want an immediate 50-50 HRR split, while the players want to phase it in by Year 3 based on "regular growth."It is believed that the league made new offers Thursday on this make-whole provision. According to a source who spoke to ESPN's Pierre LeBrun, the NHL also raised their total money allocated for revenue sharing north of $200 million in Thursday's proposal, though it's unclear how close to the $260 million the players seek. The union and league are not divulging much to the media anymore as negotiations are really getting serious.