The NHLPA works on a counter-offer to NHL’s latest CBA offer, but both sides remain apart on HRR, Sidney Crosby could play in Russia if there’s a lockout, Virginia Beach interested in NHL franchise, an update on Lubomir Visnovsky, and the latest on the Phoenix Coyotes.

FACEOFF.COM/CANADIAN PRESS: The NHLPA is expected to make a counterproposal to the NHL’s latest offer as early as today, but no later than Friday.

CSNPHILLY.COM: The two sides remain far apart on key issues, especially regarding hockey-related revenue (HRR).

SPECTOR’S NOTE: The problem with the NHL’s latest offer is that it doesn’t truly represent a 50-50 split of HRR, as the league wants to redefine HRR by taking additional money out of it first. In other words, they want the players to accept a 50-50 split of a smaller HRR pie. Little wonder the PA wants the current definitions of HRR to remain as they are. The league also wants to increase escrow to 15-20 percent, rather than roll back salaries, and use the monies from that clawback to fund revenue-sharing.

Bettman tried to make the argument that escrow isn’t such a bad thing, as the players go their money back five years out of the last seven, but that was under the current definitions of HRR, and escrow was between 8-12 percent. A reduced share of HRR with a higher percentage of escrow means the players probably won’t get their money back.

You can bet the PA’s counter-offer will seek to maintain HRR as it is, and for enhanced revenue-sharing funded more by big market teams.

SPORTSNET.CA: NHL Commissioner Gary Bettman is one tough negotiator.

NEWSOBSERVER.COM: A look at when a new CBA would need to be implemented for the season to begin on time, and for it to begin by January 1, as well as a handy timeline of the previous NHL lockout.

Crosby to Russia if there’s a lockout?

SPORTING NEWS: Pittsburgh Penguins star Evgeni Malkin claims teammate Sidney Crosby could play in Russia if there’s a lockout.

SPECTOR’S NOTE: The Crosby camp is declining to comment on his plans in the event of a lockout.

NEWSDAY’s Arthur Staple took to Twitter regarding the latest on Lubomir Visnovsky: “#Ducks and #Isles checked with #NHLbefore going thru with Visnovsky trade and#NHL approved it; could factor in grievance outcome.”

CSNNE.COM: A look at how the NHL’s latest proposal could affect the Boston Bruins roster.

SPECTOR’S NOTE: They’d still have to dump some salary after placing Marc Savard on LTIR again and suspending Tim Thomas if (as expected) he fails to report.

STLTODAY.COM: Virginia Beach has an ambitious plan to build a new arena in hopes of attracting an NBA and NHL franchise.

ARIZONA REPUBLIC: “Phoenix Coyotes suitor Greg Jamison says he’s ready to move forward with his bid for the team, but now Glendale says it wants to rework its 20-year, $324 million deal with him.”

SPECTOR’S NOTE: And the wheels on the bus go round and round….