In the conversations of last week, there was a lot of talk about going 3 or 4 years without a luxury tax and then, if it didn't work out, having it morph into a hard cap. If that were inverted to 3-4 years with a cap and then if it didn't work out (as determined by an agreed upon formula by both sides) then it would morph into a luxury tax system for the next 3-4 years. This would be a reasonable means to satisfy both sides or at least save face for both sides.
All the other stuff (free agency, revenue sharing, etc) could fall into place pretty quick if they couled get over this basci road block in the negotiation.
And this thought: where did all the talk go from the NHL's perspective of what they called 'forming a partnership' with the NHLPA? It doesn't sound like much of a partnership when players are told they are the equivalent of auto workers.