According to NHL charts obtained by the Minneapolis Star-Tribune's Michael Russo, the league believes the gap that exists is just over $1 billion.
The NHL utilized four different assumptions on how to calculate the lost hockey-related revenue from this year. The union wants a "guaranteed" players share of $1.916 billion in Year 1, growing by 1.75% every year, but that never amounts to the 50-50 split, the NHL shows in its charts. In fact, the players would have as high of 70.4% in Year 1 and 52.4% by the last season, 2016-17. Using the lost HRR of 17.5% this year -- which may be greater than that at this point -- and the difference adds up to $1.050 billion. "The issue of how you deal with damage from the lockout is a tough one, particularly since it is impossible to know the extent of the damage," NHLPA special counsel Steve Fehr said. "What we have suggested to the owners several times is that we put aside that issue for the moment and concentrate upon the overall structure of the deal."