It took millions of dollars in lost revenue and paychecks, but early this morning in New York the NHL and NHLPA struck a tentative deal to end the league’s lockout that had been in place since Sept. 15.
“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,” NHL Commissioner Gary Bettman told reporters after a marathon bargaining session.
“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.