This article is from the source 'bbc' and was first published or seen on . It last changed over 40 days ago and won't be checked again for changes.
You can find the current article at its original source at http://www.bbc.co.uk/news/business-20925764
The article has changed 3 times. There is an RSS feed of changes available.
Version 1 | Version 2 |
---|---|
NHL agrees provisional deal with players to end lockout | NHL agrees provisional deal with players to end lockout |
(about 17 hours later) | |
The National Hockey League (NHL) has reached a provisional agreement with players to end a near four-month lockout that had threatened to wipe out the whole season. | The National Hockey League (NHL) has reached a provisional agreement with players to end a near four-month lockout that had threatened to wipe out the whole season. |
After 16-hours of negotiations, the two parties agreed a "framework", which still needs final approval. | After 16-hours of negotiations, the two parties agreed a "framework", which still needs final approval. |
"We have to dot a lot of i's and cross a lot of t's," said NHL Commissioner Gary Bettman. | "We have to dot a lot of i's and cross a lot of t's," said NHL Commissioner Gary Bettman. |
The two sides are in dispute over how to split $3.3bn (£2.1bn) in revenue. | The two sides are in dispute over how to split $3.3bn (£2.1bn) in revenue. |
"There is still a lot of work to be done, but the basic framework has been agreed upon," Mr Bettman said. | "There is still a lot of work to be done, but the basic framework has been agreed upon," Mr Bettman said. |
"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." | "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." |
He said a decision about when to restart games had not been agreed. | He said a decision about when to restart games had not been agreed. |
The US and Canadian league locked the players out in mid-September, a month before the season was due to begin. | |
The work stoppage is the fourth in 20 years for the NHL. A previous union dispute saw the entire 2004-2005 season cancelled. | The work stoppage is the fourth in 20 years for the NHL. A previous union dispute saw the entire 2004-2005 season cancelled. |