NEW YORK (AP) -- The NHL and the players' association reached an agreement in principle Wednesday on a new labor deal, ending a lockout that wiped out last season.
The sides met for 24 hours starting Tuesday afternoon to hammer out the collective bargaining agreement that will return the NHL to the ice. In February, commissioner Gary Bettman canceled the season, making the NHL the first North American sports league to lose a year because of a labor dispute.
Both sides still need to ratify the deal, which is expected to contain a salary cap. That process is expected to be completed next week, the league and the union said in a joint news release.
It took all night and then some for the final round of negotiations to produce an agreement.
Wednesday, July 13, 2005
Let's Play Hockey!
It's about time:
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