Leonsis and Bettman attend a screening of ‘Nanking’ back in 2007. (Photo credit: Brad Barket)
On Wednesday, Gary Bettman and Donald Fehr exchanged new proposals to once again try and avoid a lockout. The NHL sweetened its offer to players, proposing a new six-year deal that would initially give the NHLPA 49% of all hockey revenue (down from 57%) and not force a rollback of salaries. The NHLPA countered with a deal that would start them off at 54.3%, and which over time would drop their slice of the pie to 52.7%. Bettman is also threatening to take the NHL’s current proposal completely off the table if it’s not signed by Saturday.
There have been no new developments since then, however, and the actual signing of a new CBA before midnight on Saturday still seems unlikely. So in that vein, Washington Capitals majority owner Ted Leonsis sent out an email to the Caps season ticket holder base early Thursday evening explaining protocol on what would happen if there is a work stoppage and declaring “that the NHL’s priority is to reach an agreement with the players.”
The full text of the email is below.