Post by penguinsgm on Jul 13, 2005 12:15:13 GMT -5
Done Deal!!!
The NHL and NHL Players' Association have finally reached an agreement (pending ratification) on a new six-year collective bargaining agreement that - if approved by the NHL board of governors next Thursday and the rank and file membership of the NHLPA next Tuesday - will officially end the stalemate on July 21.
The agreement, a complex document reportedly numbering more than 600 pages, came after the two sides staged marathon negotiating sessions for nine consecutive days. Since the 2004-05 NHL season was officially cancelled on Feb. 16, the league and union have met on 82 occasions, leading to an agreement that will revamp the way the entire professional hockey industry conducts its business.
The league went into this lockout, which started on Sept. 15, 2004, seeking cost certainty and believes it has achieved that with a new economic system from top to bottom.
It is expected both the NHL and NHLPA will move to ratify the agreement within the next seven days, with a formal announcement on July 21. During that time, it is expected the new CBA will be distributed to all in the hockey industry so they can begin getting themselves up to speed on a myriad of new rules and regulations.
Read the rest of the article here: www.tsn.ca/nhl/news_story.asp?id=130274
The NHL and NHL Players' Association have finally reached an agreement (pending ratification) on a new six-year collective bargaining agreement that - if approved by the NHL board of governors next Thursday and the rank and file membership of the NHLPA next Tuesday - will officially end the stalemate on July 21.
The agreement, a complex document reportedly numbering more than 600 pages, came after the two sides staged marathon negotiating sessions for nine consecutive days. Since the 2004-05 NHL season was officially cancelled on Feb. 16, the league and union have met on 82 occasions, leading to an agreement that will revamp the way the entire professional hockey industry conducts its business.
The league went into this lockout, which started on Sept. 15, 2004, seeking cost certainty and believes it has achieved that with a new economic system from top to bottom.
It is expected both the NHL and NHLPA will move to ratify the agreement within the next seven days, with a formal announcement on July 21. During that time, it is expected the new CBA will be distributed to all in the hockey industry so they can begin getting themselves up to speed on a myriad of new rules and regulations.
Read the rest of the article here: www.tsn.ca/nhl/news_story.asp?id=130274
