NHL labor talks making little progress
Labor talks between negotiators from the NHL and NHL Players’ Association (NHLPA) continued Thursday but the sides remain far apart on a deal.
The current collective bargaining agreement (CBA) will expire on September 15, in which case the players will be locked out if a new agreement is not reached.
The entire 2004-2005 NHL season was lost to a lockout.
The main issue is dividing up the hockey-related revenue between the owners and players. The NHL wants to reduce the players’ share from 57 percent to 46 percent. Last season, the NHL made $3.3 billion in revenue along with increased television ratings.
“We believe we’re paying out more than we should be,” NHL Commissioner Gary Bettman said. “It’s as simple as that.”
“From the players’ standpoint, they want a fair agreement, they want one that is equitable, they want one that recognizes their contribution,” NHLPA executive Donald Fehr said.
Talks will continue on Tuesday in New York.