Bettman has CLEARLY insuiated that he can move up SLIGHTLY off $42.5M. How high remains to be seen, but he certainly won't be meeting the PA in the middle at $46M. I think he was hoping the PA had come back on Tuesday at about $47M or below so he could start to haggle. A $46M offer without clause #7 WILL get the NHL to move up, and then we are litterally seperated by less than $2Mil per team. At that point, you better believe something will occur.
At the end of the day, I expect a dollar for dollar luxury tax on team payrolls above $40M up to a cap of $45 mil.