League, Union Continue to Meet Amid Rumors

The National Hockey League and the NHL Players' Association continued their recent string of meetings last week with no official announcements regarding the progress that was made.

"There was healthy dialogue, and progress continued to be made on many operational issues relating to a new collective bargaining agreement, said NHL executive vice president Bill Daly. "We will resume meeting early next week."

Earlier in the week, Toronto's Globe and Mail reported that the two sides had agreed upon a salary cap system. The Toronto Sun later said that there was no agreement, while the Vancouver Province reported that the cap agreement had been in place for some time.

The reported agreement features a salary cap based on team-by-team revenue.

If the cap is indeed resolved, many issues are still left for discussion.

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