The NHL and the NHLPA have not met face-to-face for CBA negotiations since Wednesday, and since the break-up of talks, much of the debate has been around a so-called 50/50 split in of hockey-related revenue between the two sides. Why don't they just split it and sign on the dotted line?

The owners' initial CBA proposal outlined a 57/43 split of HRR in favor of their side. The players' proposal outlined a 54/46 split in favor of their side, down from the 57/43 split they see under the current CBA. Roughly a 50/50 split was negotiated in both the NBA and the NFL a year ago, and at face value, that makes the NHL's current split seem like a huge win for the players.

But speaking on a conference call Friday afternoon, NHLPA head Donald Fehr went on the offensive, explaining in great detail the union view that the two sides actually have a 50/50 split of revenues already.

"Let me caution you when you start taling about 50/50 splits," Fehr said. "If you start talking about all revenue as opposed to hockey-related revenue, the way we calculate it the players are already at just about 50/50. Hockey-related revenue begins by subtracting some amounts of revenue. They don't count. What I'm saying is that if you add those things back in and then take what the players get, we calculate that to be about 51 percent."

Fehr said that the players are compromising directly off the start based on the fact that the league has a salary cap.