mlg57
Well-known member
This is massive in the US. Ice Hockey has been in lockout since the start of the season because Owners and Players couldn't agree a deal reguarding Salary Caps. Teams were losing money and wanted players to take a salary cut bigger than the players wanted.
NEW YORK -- The National Hockey League and the National Hockey League Players' Association reached agreement on the framework of a new Collective Bargaining Agreement early Sunday morning.
After a marathon 16-plus hour negotiating session at the Sofitel Hotel that began Saturday afternoon, the sides announced an agreement in principle shortly after 6 a.m. Sunday.
"We still have more work to do, but it is good to be at this point," NHL Commissioner Gary Bettman said.
The League did not announce the start date of the season or the number of games each team will play. Various reports suggest teams will play either 50-game schedules or 48-game schedules, depending on the date on which the season starts. Those details will be announced soon, Commissioner Bettman said.
The deal, agreed to at approximately 4:40 a.m., was announced jointly by Commissioner Bettman and NHLPA Executive Director Donald Fehr in the same hotel conference room where the negotiations were conducted with the assistance of Scot Beckenbaugh, Deputy Director for Mediation Services for the Federal Mediation and Conciliation Service.
"Don Fehr and I are here to tell you that we have reached an agreement on the framework of a new Collective Bargaining Agreement, the details of which need to be put to paper," Commissioner Bettman said. "We have to dot a lot of I's and cross a lot of T's. There is still a lot of work to be done, but the basic framework has been agreed upon.
"We have to go through a ratification process and the Board of Governors has to approve it from the League side and, obviously, the players have to approve it as well. We are not in a position to give you information right now about schedule, when we are starting. It's early in the morning and we have been at this all day and all night, obviously. But, we will be back to you very shortly, hopefully, later today with more information in that regard."
The Board of Governors is expected to meet later this week to conduct its ratification process.
NEW YORK -- The National Hockey League and the National Hockey League Players' Association reached agreement on the framework of a new Collective Bargaining Agreement early Sunday morning.
After a marathon 16-plus hour negotiating session at the Sofitel Hotel that began Saturday afternoon, the sides announced an agreement in principle shortly after 6 a.m. Sunday.
"We still have more work to do, but it is good to be at this point," NHL Commissioner Gary Bettman said.
The League did not announce the start date of the season or the number of games each team will play. Various reports suggest teams will play either 50-game schedules or 48-game schedules, depending on the date on which the season starts. Those details will be announced soon, Commissioner Bettman said.
The deal, agreed to at approximately 4:40 a.m., was announced jointly by Commissioner Bettman and NHLPA Executive Director Donald Fehr in the same hotel conference room where the negotiations were conducted with the assistance of Scot Beckenbaugh, Deputy Director for Mediation Services for the Federal Mediation and Conciliation Service.
"Don Fehr and I are here to tell you that we have reached an agreement on the framework of a new Collective Bargaining Agreement, the details of which need to be put to paper," Commissioner Bettman said. "We have to dot a lot of I's and cross a lot of T's. There is still a lot of work to be done, but the basic framework has been agreed upon.
"We have to go through a ratification process and the Board of Governors has to approve it from the League side and, obviously, the players have to approve it as well. We are not in a position to give you information right now about schedule, when we are starting. It's early in the morning and we have been at this all day and all night, obviously. But, we will be back to you very shortly, hopefully, later today with more information in that regard."
The Board of Governors is expected to meet later this week to conduct its ratification process.