Marathon Meetings Continue, No Deal Yet

TORONTO, Ontario -- After more than 34 hours of meetings this week, the National Hockey League and the NHL Players' Association still have not reached an agreement on a new CBA.

After ten-hour sessions on Wednesday and Thursday, the two sides met from 8:00 AM to almost 10:00 PM on Friday.

Both sides confirm that a deal is not in place but that one could be coming in the next month unless talks hit a snag.

"We continued our discussions on financial and accounting issues, and while we are making progress, we still have a lot of work to do," said NHL executive vice-president Bill Daly. "The parties have agreed to continue the process with a series of meetings next week, at which time we hope to begin discussing a myriad of other CBA issues."

"Earlier this evening we concluded three days of small group meetings," said NHLPA senior director Ted Saskin. "Once again a wide range of economic and systemic concepts were discussed. The parties have agreed to continue meeting next week."

The Friday meeting was not originally scheduled but was added when small-group talks that were meant to conclude on Wednesday extended into Thursday.

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