Kukla's Korner Hockey
by Paul on 11/21/12 at 05:41 PM ET
Collective bargaining talks at the NHL's head office in New York on Wednesday did not produce any progress after the NHL Players' Association tabled a new five-year proposal to the league.
"Nothing on significant economic issues," NHLPA executive director Donald Fehr told reporters on Wednesday afternoon after receiving the league's response. "On the big things there was, as of today, no reciprocity in any meaningful sense."
While both sides are closer on revenue sharing, no concessions were made on contractual issues or the Make Whole provision as the league remains firm on its $211 million for the players.
"We're still far apart," NHL commissioner Gary Bettman told reporters on Wednesday. "But hopefully there's some momentum so we can bring this to a conclusion." Bettman added that league business is losing between $18 million to $20 million per day while players are losing between $8 million to $10 million per day.
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Paul Kukla founded Kukla’s Korner in 2005 and the site has since become the must-read site on the ‘net for all the latest happenings around the NHL.
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