The National Hockey League has presented its locked-out players with a proposal that, if accepted, could allow for a full 82-game season.

The NHL proposal suggests a 50-50 split of all hockey-related revenue and will ensure that players do not see a rollback of current agreements, League Commissioner Gary Bettman told reporters Tuesday.

Bettman added that he hopes to see the puck drop on a new season as early as Nov. 2. The offer proposes that each team hold one additional game every five weeks to accommodate a full season.

“Beyond that I don’t want to get into the substance, other than to say, we believe that this was a fair offer for a long term deal and it’s one that we hope gets a positive reaction,†he told reporters in Toronto.

For his part, NHL Players’ Association President Donald Fehr said he’s observed some “improvements†with the offer but stressed that the union needs time to review the proposal.

“What our hope is, after we review this, that there will be a feeling on the players’ side that this is a proposal from which we can negotiate and we can try and reach a conclusion,†he told reporters.

According to Fehr, the proposed deal is for “at least six years.â€

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