Pick a Salary Cap, any Salary Cap

In both cases, the offer is a step back from previous proposals. Earlier this year, the league offered the players 55 per cent of revenue. In its final "de-linked" proposal a few weeks ago, the salary cap offer was $42 million per team.

A media release from NHL Players' Association head Bob Goodenow noted that the proposals are "very similar to ones that we previously rejected several times. We will be determining our next steps and responding at the appropriate time."