The union’s new proposal keeps the 26% share of gross revenue and a $9.5 million salary cap for the first year, a slight drop from the 27.5% it offered ten days earlier. It also maintains a request that teams provide housing for all players in the early years, but removes that requirement for players earning at least 75% of the maximum salary in later years.
Negotiations are under a tight deadline, with the league demanding a deal by March 10 to start the season on time. If agreed, the contract would likely be signed by month‑end, followed by an expansion draft in early April and free‑agent qualifying offers mid‑April.