New article dated 2/1. with the title "Final NHL Proposal Coming Soon?" from Newsday.com http://www.newsday.com/sports/hockey/ny-spnhl0201,0,2778900.story?coll=ny-sports-headline "This final offer might be the one the league has been holding on to, as sources have been suggesting, with the intention of making it difficult for the players to turn down. A person with knowledge of the situation said the offer will likely involve the widely reported range of payroll soft caps and luxury taxes leading up to a hard cap of around $42 million, which the league should be amenable to raising to $45 million if it means sealing the deal. Incentives to teams with the lowest payrolls would push them to spend more. According to numbers presented by the NHLPA in its Dec. 9 proposal, there are 10 teams currently carrying a 2004-05 payroll of less than $30 million, while five teams are over $45 million. The NHL also wants to guarantee the players no less than 53 percent of revenue each season, but some reports over the weekend said the league won't let it go higher than 55 percent."